What kind of projects are covered under EDG?

The projects can fall under these scope: Core Capabilities a) Strategic Brand and Marketing Development b) Business Strategy Development c) Human Capital Development d) Service Excellence e) Financial Management Innovation and Productivity a) Process Redesign b) Product Development c) Automation Market Access a) Overseas Marketing Presence (OMP) b) Market Access c) Pilot Project and Test […]

What is the maximum grant?

This is dependent on the scope of the project. The grant is correlated to the size of the company in terms of turnover and manpower.

When will EDG end?

EDG’s 70% support level was to end on 31st March 2023.

How much funding can I get?

You can get funding of up to 50%

What is EDG?

EDG is the short form for Enterprise Development Grant. This grant was announced in the Annual Budget 2018. In short, EDG is a grant for established local SMEs (Small Medium Enterprises) to help them grow and transform their businesses.

Is there a cap to the grants?

PSG is capped at SGD30,000 per entity per financial year. SMEs are free to select the packages they need according to their requirements.

Where do I submit my PSG claim application?

Submit your PSG Claim Application on the Business Grants Portal here.

What documents do I need to present when making PSG claim submission?

Purchase Order or Signed Acceptance of Quotation/Contract Invoice Invoice One month Usage Report Receipt or Copy of cheque (if payment is made by cheque) Bank Statement showing payment

Can companies apply for PSG after signing a quotation with Corsiva Lab, or making payment?

No. Please note that applicants must apply for PSG before they have: Made any payment to a supplier, vendor or third party in relation to the purchase/lease/subscription of the IT solution or equipment Signed any contract with a supplier, vendor or third party in relation to the purchase/lease/subscription of the IT solution or equipment

Can someone else submit the PSG claim for me?

Please note that all companies need to apply for the PSG on their own. No third party should apply for the grant on the company’s behalf.

What documents do I need to apply for PSG?

Corppass to access Business Grant Portal Signed Quotation provided by Corsiva Lab