Enterprise Singapore’s Enterprise Development Grant (EDG) Frequently Asked Questions (FAQ)
We are experienced consultants who specialises in administering Capability Development Grant (CDG) by SPRING. We hope to give you the latest updates on the new grant, Enhanced Development Grant (EDG) by Enterprise Singapore.
What is Enhanced Development Grant (EDG)?
Enhanced Development Grant (EDG) was announced in the Annual Budget 2018. It will replace Capability Development Grant (CDG).
When will it start?
More details will be provided in the second half of 2018. It will start in Quarter 4 2018.
How can EDG help me?
Similar to CDG, you can get funding up to 70% if your project is approved.
Who will approve EDG?
EDG will be under the new statutory board, Enterprise Singapore (which is a merged entity of SPRING and IE Singapore).
Will CDG end?
Yes, CDG will end. In all likelihood, applications will probably end 30th September 2018.
What does all this really mean to me?
If you are intending to apply for CDG, do it now. We do not know the minimum requirements of EDG. The bar will probably be set higher this time round. If you are interested in CDG, please do read our FAQ.
What do you mean?
In all probability, EDG projects will require an internationalisation component. This means companies must have intentions of expanding overseas. And only certain companies will qualify.
Where can I get the latest updates on EDG?
The latest information can be found on Ministry of Trade and Industry's (MTI) website. There will probably be a new website for Enterprise Singapore.
Where can I apply EDG?
Still got a burning question?
EDG is administered by Enterprise Singapore.
All information is subjected to change due to changes in government policy.
Claims are subjected to approval by Enterprise Singapore.