Enterprise Development Grant (EDG)
The Enterprise Development Grant (EDG) helps Singapore companies grow and transform. This grant supports projects that help you upgrade your business, innovate or venture overseas.
Who can apply?
To qualify for the EDG, you need to:
-
Be registered and operating in Singapore
-
Have a minimum of 30% local shareholding
-
Be in a financially viable position to start and complete the project
Applications will be assessed by Enterprise Singapore based on project scope, project outcomes and competency of service provider.
We can help.
Solutions we provide at aAdvantage are entitled to the following government grants:
Government
Grants
Scope of work can cover:
Development
and gap analysis of your company
Assessment
of internal and external factors, such as strengths and weaknesses, and competition
Development
of a strategic roadmap, business frameworks, policies or processes
Recommendations
and plans for implementation
Project may address any of these areas:
-
Strengthening of management system and processes based on the internationally-benchmarked Business Excellence Framework to achieve “Singapore Quality Class” certification
-
Formulation of growth strategies to capitalise on opportunities and enhance competitiveness
-
Analysis of the impact of tariffs and International Trade Agreements, and the development of strategies to optimise business performance
-
Development of strategies and processes to protect and monetise intellectual property assets as well as optimise R&D operations
What is not covered:
-
Stand-alone IP registration costs
Note:
-
If you are applying for a Business Excellence project, you need to undergo the Business Excellence assessment which is to be completed within the project qualifying period. Certification fees will be covered
Support level:
-
Up to 50% of eligible costs for local SMEs
Resources:
Innovation and Productivity
Projects under Innovation and Productivity support companies that explore new areas of growth, or look for ways to enhance efficiency. These could include reviewing and redesigning workflow and processes. Companies could also tap into automation and technologies to make routine tasks more efficient.
Market Access
Projects under Market Access support Singapore companies that are willing and ready to venture overseas. You may tap into the EDG to help defray some of the costs of expanding into overseas markets.
Diagnose
and gap analysis of your company
Development
of a strategic roadmap, business frameworks, policies or processes
Recommendations
and plans for implementation
Project may address any of these areas:
-
Compensation & Benefits
-
Employee Engagement & Communication
-
Employee Value Proposition
-
HR Management
-
International Mobility
-
Job Redesign
-
Learning & Development
-
Manpower Planning
-
Organisation Culture
-
Performance Management
-
Recruitment & Selection
-
Talent Management & Succession Planning
What is not covered:
-
Standalone training courses
-
Incentives, benefits and welfare subsidies for employees
Support level:
-
Up to 50% of eligible costs for local SMEs
Resources:
Scope of work can cover:
Core Capabilities: Service Excellence
To improve your company’s service delivery by gaining a deeper understanding of customers’ needs and decision-making processes.
Scope of work can cover:
Diagnose
and gap analysis of your company
Development
of a strategic roadmap, business frameworks, policies or processes
Recommendations
and plans for implementation
Project may address any of these areas:
-
Customer Diagnostics: Diagnosis and gap analysis of customer needs to improve service levels and drive customer-centric behaviour
-
Service Innovation: Adoption of advanced customer research, analytics and service process redesign to enhance customer experience
What is not covered:
-
Incentives for mystery shoppers and customer survey respondents
Support level:
-
Up to 50% of eligible costs for local SMEs
Resources:
To help your Company review existing processes and identify possible areas to improve efficiency. This is a critical first step before introducing automation or technology.
Review
and streamline of workflow and processes to reduce or remove redundant processes
Explore
the use of technology to automate processes
Review
and/or development of performance measures
Development
of tracking and measurement system
Development
of detailed roadmap of actions for further improvement
Support level:
-
Up to 50% of eligible costs for local SMEs