Existing customised enterprise grants from SPRING and IE Singapore, namely the Capability Development Grant (CDG Grant) and the Global Company Partnership Grant (GCP Grant), will be harmonised to form EDG Grant. The streamlined EDG Grant will have common eligibility criteria, application platform and support level, thereby reducing confusion for companies.

EDG Grant will support Singapore companies of all sizes on their growth journey through capability development and/or internationalisation in three key areas:

  • Market and Business Development
  • Innovation and Productivity
  • Core Function and Capability

The support level for local SMEs under CDG Grant and GCP Grant was enhanced in Budget 2012 from 50% to 70%, for three years, and extended for another three years in Budget 2015. As announced at MTI’s Committee of Supply debate 2018, this enhanced 70% support has been extended for a further two years for CDG Grant and GCP Grant , and will continue with EDG Grant until end-FY2019.

The support for non-SMEs will be up to 50% under EDG Grant, as compared to up to 50% under GCP Grant, and up to 30% under CDG Grant.

EDG Grant will be administered by Enterprise Singapore, and made available for companies to apply through the Business Grants Portal, with effect from 4Q 2018. In the interim, companies can continue to apply for the CDG Grant and GCP Grant respectively.

Frequently Asked Questions (FAQs)

The GCP Grant aims to help Singapore companies who are already overseas deepen their overseas market presence and explore new markets. It helps Singapore
companies defray eligible costs of their overseas expansion projects in capability building, market access and manpower development. This includes up to 70% of the
eligible costs incurred for SMEs and up to 50% for non-SMEs. More information on GCP Grant can be found on www.iesingapore.gov.sg.
The CDG Grant is a financial assistance programme that helps SMEs build capabilities across 10 key business areas, such as financial management, human capital development and business model transformation. In 2017, CDG Grant was enhanced to support product development. This includes up to 70% of qualified costs for product design, development and manufacturing processes when manufacturing products in small volumes, prior to mass production. More information on CDG can be found on www.spring.gov.sg.
If you would like to find out more about EDG Grant from Enterprise Singapore, please email us at info@leftygroup.com or fill up our contact form.

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