Singapore offers SMEs three flagship business grants administered by Enterprise Singapore: the Enterprise Development Grant (EDG), the Productivity Solutions Grant (PSG), and the Market Readiness Assistance (MRA) grant. Each funds a different kind of project — but the three are frequently confused, partly because they all co-fund up to 50% of qualifying costs, and partly [...]
Singapore SMEs have one of the most generous government grant ecosystems in the world. Three schemes — the Enterprise Development Grant (EDG), the Productivity Solutions Grant (PSG), and the Market Readiness Assistance (MRA) Grant — together cover the bulk of practical funding requirements for growing companies, from off-the-shelf software adoption to bespoke transformation projects to [...]
Singapore is one of the most generous government-grant ecosystems for SMEs in Asia. The three workhorse schemes — the Enterprise Development Grant (EDG), the Productivity Solutions Grant (PSG), and the Market Readiness Assistance (MRA) Grant — collectively fund tens of thousands of business projects each year across digital transformation, productivity, and overseas expansion. But each [...]
Singapore's SME grant landscape can be bewildering. The Enterprise Development Grant (EDG), Productivity Solutions Grant (PSG), and Market Readiness Assistance (MRA) Grant are three of the most widely used business grants in Singapore — each serving a different purpose, covering different activities, and suited to a different stage of business growth. Making the wrong choice [...]
For Singapore small and medium enterprises (SMEs) looking to upgrade their technology, improve operational efficiency, or strengthen their digital capabilities, the Productivity Solutions Grant (PSG) remains one of the most accessible and practical government funding schemes available. Administered by Enterprise Singapore and the Infocomm Media Development Authority (IMDA), the PSG helps businesses offset the cost [...]
Introduction For small and medium-sized enterprises (SMEs) in Singapore, adopting technology and digital tools can be a game-changer for productivity and growth. However, the cost of implementing new software, equipment, and systems can be a significant barrier — particularly for smaller businesses with limited budgets. This is where the Productivity Solutions Grant (PSG) comes in. [...]
What Is the Enterprise Development Grant? The Enterprise Development Grant (EDG) is one of Singapore's most significant government grants for local businesses. Administered by Enterprise Singapore, the EDG provides funding support of up to 50% of qualifying project costs for small and medium enterprises (SMEs), and up to 70% for sustainability-related projects. Whether you are [...]
Singapore has long been recognised for its robust ecosystem of government grants designed to help businesses grow, innovate, and expand internationally. For years, small and medium enterprises (SMEs) have relied on three flagship schemes from Enterprise Singapore — the Enterprise Development Grant (EDG), the Productivity Solutions Grant (PSG), and the Market Readiness Assistance (MRA) grant [...]
Retirement planning in Singapore often revolves around the Central Provident Fund (CPF), but savvy savers can boost their nest egg through the Supplementary Retirement Scheme (SRS). This voluntary scheme offers flexibility, tax benefits, and investment opportunities. Here’s what you need to know. Key Features of the SRS Voluntary Contributions: Top up your retirement savings [...]
The government has these three schemes to support the employment of senior workers, ex-offenders and persons with disabilities respectively. a) The Senior Employment Credit (SEC) b) The Uplifting Employment Credit (UEC) c) The Enabling Employment Credit (EEC) These schemes were slated to expire after 31 December 2025. However, the government, in Budget 2025, has made [...]