Singapore’s enterprise support landscape is about to undergo its most significant overhaul in a decade. In Budget 2026, the Government announced the consolidation of three flagship grant schemes — the Enterprise Development Grant (EDG), the Productivity Solutions Grant (PSG), and the Market Readiness Assistance (MRA) grant — into a single unified programme called EDGE, which stands for Enterprise Development and Growth for Enterprises. Set to launch in the second half of 2026, EDGE promises to make it substantially easier for Singapore businesses to access government funding for growth, transformation, and international expansion.

For business owners who have navigated the complexity of applying for multiple separate grants, this consolidation is welcome news. But understanding how EDGE works — and what to do in the transition period before it launches — is essential for any company that relies on government grants to fund its development plans. This guide explains what EDGE is, how it differs from the existing grants, and what Singapore SMEs should do right now.

What Is the EDGE Grant?

EDGE — Enterprise Development and Growth for Enterprises — is the new consolidated enterprise grant scheme announced by Deputy Prime Minister Gan Kim Yong during Budget 2026. Administered by Enterprise Singapore, EDGE will merge the EDG, PSG, and MRA into a single streamlined programme accessible through the Business Grants Portal (BGP).

The rationale is straightforward: Singapore’s existing grant ecosystem, while generous, has historically required businesses to navigate separate application processes, eligibility criteria, and claim procedures for each scheme. A company pursuing digital transformation, for instance, might simultaneously be applying for PSG (for the off-the-shelf software), EDG (for the process redesign consultancy), and MRA (to expand into a new overseas market) — each with its own documentation requirements, assessment timelines, and compliance obligations. EDGE aims to remove this fragmentation by creating a single front door for all three types of support.

How EDGE Differs From EDG, PSG, and MRA

One Application, Multiple Activities

Under EDGE, businesses will be able to apply for support covering multiple growth activities — digitalisation, capability development, and market expansion — through a single application. Instead of maintaining three separate grant applications with different milestones and claim deadlines, companies will submit one proposal aligned to their overall strategic objectives.

Enhanced Support Levels for Internationalisation

One of the most significant improvements under EDGE is the increase in funding support for overseas market expansion. Currently, the MRA provides up to 50% of qualifying costs for SMEs entering new overseas markets. Under EDGE, the support level for internationalisation activities will rise to 70% for SMEs and 50% for non-SMEs — matching the support rates that currently apply only to sustainability-related projects under EDG.

Removal of the “New Market” Restriction

The existing MRA grant is restricted to activities in markets where the applicant does not already have a significant presence. EDGE is expected to remove or substantially relax this restriction, allowing companies to claim support for deepening their international activities in markets they have already entered, not just new ones.

Broader Eligibility

While some existing grants have been restricted to SMEs (defined as entities with annual turnover not exceeding S$100 million or fewer than 200 employees), EDGE is designed to support both SMEs and larger companies, though at different funding support levels. This aligns EDGE with the broader EDG framework, which has always been open to non-SMEs.

When Does EDGE Launch?

EDGE is scheduled to launch in the second half of 2026. As of the date of this article, an exact launch date has not been announced by Enterprise Singapore. The existing EDG, PSG, and MRA schemes remain fully operational until the EDGE launch date, and any applications submitted and approved under these existing schemes will continue to be administered under their original terms.

Businesses that have ongoing EDG, PSG, or MRA projects will not be forced to migrate mid-project. Enterprise Singapore has indicated that existing grants will be honoured through to their approved completion dates.

What Activities Does EDGE Support?

While the detailed EDGE framework has not yet been published, Enterprise Singapore has indicated that the programme will support the same broad categories currently covered by the three existing grants:

Capability Development (formerly EDG): Business strategy, financial management, human capital development, process redesign, service excellence, product development, and innovation. Includes bespoke transformation projects that are assessed on a project-by-project basis.

Digitalisation (formerly PSG): Adoption of pre-approved digital solutions across categories including accounting software, customer relationship management (CRM), human resources and payroll platforms, inventory management, digital marketing tools, and industry-specific solutions. These are typically assessed against an approved vendor and solution list.

Internationalisation (formerly MRA): Overseas market setup, business matching, participation in international trade fairs, overseas market research, and the development of marketing collateral for foreign markets. Under EDGE, the support for these activities increases to 70% for SMEs.

What Should Singapore Businesses Do Right Now?

Do Not Wait for EDGE to Launch

If your business has a project ready to go today, you should apply under the existing EDG, PSG, or MRA schemes rather than waiting for EDGE. The existing grants are fully funded and processing normally. Waiting for EDGE to launch — which could be anywhere from July to December 2026 — means losing months of potential project implementation time and delaying your claim disbursement accordingly.

The only reason to wait would be if your project falls into the category of internationalisation activities where the new 70% support rate (vs 50% currently under MRA) would make a material difference to your cost structure. Even then, you should weigh that against the time value of delay.

Review Your Existing Grant Pipeline

If you have approved grants that are approaching their completion deadlines, make sure you are on track to claim them. The consolidation into EDGE does not extend existing approval periods — you must complete and claim your approved activities within the original approved window. For guidance on how to navigate the claims process, our article on what to do after your grant is approved covers the full claims, compliance, and audit process.

Understand the Multi-Grant Strategy Before EDGE

Even under the existing framework, companies can combine multiple grants to maximise funding. A company might use PSG for a specific software subscription, EDG for the strategic review underpinning the transformation, and MRA for the subsequent overseas expansion. Our guide on how to stack Singapore government grants explains which grants can be combined and how to structure a multi-grant application strategy legally and effectively. This thinking will remain relevant under EDGE, as the unified grant will still have different support rates for different activity types within the same application.

Compare EDG, PSG, and MRA to Understand What EDGE Consolidates

Understanding the existing grants helps you anticipate how EDGE will work in practice. Our EDG vs PSG vs MRA comparison guide explains each scheme’s strengths, ideal use cases, and application approach in detail. Our dedicated guides on the PSG and MRA are also useful reference points while these schemes remain active.

How Does EDGE Interact With the Enterprise Financing Scheme?

The Enterprise Financing Scheme (EFS) — Singapore’s flagship government-backed lending programme — is separate from EDGE and will continue to operate independently. Where EDGE provides grant funding (non-repayable), EFS provides loan co-guarantees that reduce the risk for participating banks and improve SME access to credit.

The two programmes complement each other: a company might use an EFS Working Capital Loan to bridge cash flow during a transformation project, while simultaneously claiming EDGE grant funding to offset the project costs. For a full explanation of EFS and its seven loan types, see our Enterprise Financing Scheme guide.

Eligibility Criteria: What to Expect Under EDGE

While Enterprise Singapore has not published the definitive EDGE eligibility criteria, based on the existing grant frameworks, businesses should expect the following baseline requirements to apply:

First, the applicant must be a Singapore-registered business. Sole proprietorships, partnerships, and limited liability partnerships (LLPs) typically qualify, as do private limited companies. Foreign companies operating through a Singapore-incorporated subsidiary also generally qualify.

Second, for SME-tier support rates (70% for internationalisation, higher rates for capability development), the company must meet the SME definition — annual turnover of S$100 million or less, or a workforce of 200 employees or fewer, and at least 30% local shareholding.

Third, the grant activities must be undertaken in Singapore or, for internationalisation activities, in support of overseas business development. The project must have a clear business justification and measurable outcomes.

Fourth, the company must not have outstanding tax obligations, be in financial difficulty, or be subject to judicial management or liquidation proceedings. For any company with complex corporate structures or governance questions, sound business investment planning and professional advice before applying can prevent application delays.

Enterprise Singapore’s Budget 2026 Commitments

The EDGE announcement was part of a broader set of Budget 2026 measures to support Singapore enterprises. Other key measures include enhancements to the Enterprise Financing Scheme (increased loan quantum for the Working Capital Loan, extension of the Green Loan to 31 March 2031), the Enterprise Compute Initiative (S$150 million to support AI computing access for qualifying enterprises), and continued funding for the SkillsFuture Enterprise Credit to support employee upskilling.

For the latest updates from Enterprise Singapore on grant programmes and Budget announcements, the Enterprise Singapore Budget 2026 page is the authoritative source. For broader Singapore business news and grant updates, there are useful resources for directors and business owners staying ahead of regulatory developments.

Conclusion: Prepare Now for EDGE

EDGE represents a genuine simplification of Singapore’s enterprise grant landscape. For business owners who have found the current multi-scheme framework complex to navigate, the unified application process will be a material improvement. The enhanced support rates for internationalisation — rising to 70% for SMEs — make EDGE particularly attractive for companies with overseas growth ambitions.

In the meantime, the message from Enterprise Singapore is clear: do not wait. If you have a ready project, apply under EDG, PSG, or MRA today. If you need help assessing your eligibility, structuring your application, or planning a multi-grant strategy that maximises your funding position, the team at Raffles Corporate Services can assist.

To speak with the team at Raffles Corporate Services, you can email [email protected] or call, SMS, or WhatsApp +65 8501 7133. We are happy to assist with any queries.

— The Editorial Team, Raffles Corporate Services