The Enterprise Development Grant (EDG) enables Singapore SMEs companies to develop their internal capabilities. This grant, through Enterprise Singapore, supports consultancy projects to enhance business capabilities under three key consulting pillars - Core Capabilities, Innovation & Productivity and Market Access.
Projects under EDG Core Capabilities help Singapore businesses prepare for growth and transformation by strengthening their business foundations.
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Business Strategy Development
To spur the growth of Singapore SMEs companies through interventions in business strategies.
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Financial Management
To optimise Singapore SMEs companies' financial performance.
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Human Capital Development
To strengthen Singapore SMEs companies' Human Resource (HR) capabilities, so as to support business growth strategies.
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Service Excellence
To improve Singapore SMEs companies’ service delivery by gaining a deeper understanding of customers’ needs and decision-making processes.
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Strategic Brand and Marketing Development
To support Singapore SMEs companies better capture target audiences and markets by differentiating your brand, and your products and services.
Projects under Innovation and Productivity support Singapore SMEs to explore new areas of growth, look for ways to enhance efficiency, or optimize resource usage to improve their sustainability performance. These could include reviewing and redesigning workflow and processes. Companies could also tap into automation and technologies to make routine tasks more efficient and sustainable.
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Automation
Support usage of automation and technology which can result in tangible benefits, significant growth and resource efficiency.
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Process Redesign
Review existing processes and identify possible areas to improve efficiency and sustainability performance
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Product Development
Support Singapore SMEs develop innovative technology and products with the end goal of commercialization
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Projects under EDG Market Access support Singapore companies that are willing and ready to venture overseas. You may tap into the EDG to help defray some of the costs of expanding into overseas markets.
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Mergers and Acquisitions (M&A)
Enable Singapore companies to develop through M&A planning, assessment of potential mergers and/or acquisition or post-M&A stage integration.
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Pilot Project and Test Bedding
Support Singapore companies to expand into new geographical or product markets by building your track record.
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Product Development
Assist Singapore companies to adopt internationally-recognized standards and certifications in key industries, as well as in new and emerging sectors.
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As of 30 December 2020, Overseas Marketing Presence (OMP) will be supported under the Market Readiness Assistance Grant MRA Grant. For more information on MRA Grant, Please refer here for more details.