Government-Supported Financial Transformation
Certified under SAC-accredited TR 43 / SS 680 (Registered Management Consultant)
Receive up to 50% support for projects that enhance your financial reporting, budgeting, forecasting, and automation workflows
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Government Support
Enterprise Development Grant (EDG)
The EDG helps Singapore businesses upgrade, automate, and improve productivity with government-backed funding support.
What It Supports
Projects under Innovation and Productivity that focus on automation, workflow improvements, and stronger financial reporting and planning capabilities
How Much Is Supported
Eligible companies can receive up to 50% funding on qualifying project costs.
Who Can Apply
Companies registered in Singapore with at least 30% local shareholding and a project focused on business improvement.
What This Means For Your Business
EDG funding helps you improve key financial processes with lower cost and lower risk.
Lower Project Costs
Receive government support on projects that improve financial reporting, budgeting, forecasting, and automation.
Faster Productivity Gains
Adopt automation and workflow improvements more quickly without a large upfront investment.
Stronger Financial Operations
Reduce manual work and improve accuracy across reporting and planning processes.
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What We Help You Transform
We focus on strengthening your core financial processes so your team can work faster, smarter, and with great accuracy.
Financial Reporting
Improve reporting workflows and reduce manual consolidation work.
Budgeting
Strengthening budgeting cycles with clearer workflows and better process control.
Forecasting
Enhance forecasting accuracy with redesigned processes and automation support.
Automation & Workflow Redesign
Replace manual tasks with automated workflows to improve productivity and reduce errors.
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Check Your EDG Eligibility
Answer four quick questions to see if your business is likely eligible for EDG funding. This is not a formal application.
What is the main focus of your reporting, budgeting and forecasting needs?
What is your most urgent reporting, budgeting and forecasting challenge?
What timeline are you aiming for with this project?
Thank you.
Based on your focus on enhancing reporting accuracy, upgrading reporting system or tools, lack of real-time insights and analysis, slow or delayed reporting, budgeting and forecasting process and a 3-6 months timeline, projects like these typically cut report errors by up to 50%. That often saves finance teams around 8 hours a month just fixing mistakes.
Report errors cut
Saved monthly on fixing mistakes
Let’s tailor a plan for you.
Is your business registered and operating in Singapore?
Does your company have at least 30% local shareholding?
Is your business in a financially viable position to start and complete the project?
Is your project focused on business improvement (and not routine operations)?
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How The EDG Process Works
The EDG follows a clear, step-by-step workflow managed through Singapore's official Business Grants Portal, and we guide you through each stage.
Identify Your Needs
Access which financial processes you want to improve, such as reporting workflows, budgeting, forecasting, or automation.
Develop Your Project Scope
Work with certified consultant to define objects, expected outcomes, project timeline, and cost breakdown for submission.
Submit Your Application
Complete your EDG application via the official Enterprise Singapore Portal and upload the required documents.
Begin The Project After Approval
Once approved, the project can start. You execute the planned improvements with support from your consultant.
Submit Your Claim For Reimbursement
After project completion, submit the final report, invoices, and supporting documents to receive up to 50% reimbursement on qualifying costs.
We support you through each part of the EDG process, from project scoping to application submission and final claims.
Frequently Asked Questions
Here are clear answers to common questions about the EDG and how we work withyou.
Is my company eligible for the EDG?
To qualify for the EDG, your company must:
• Be registered and operating in Singapore
• Have at least 30% local shareholding
• Be in a financially viable position to start and complete the project
• Be planning a project that focuses on business improvement, not routine operations
How much funding support can I receive?
Eligible companies can receive up to 50% funding on qualifying project costs.
The exact support level depends on:
• The type of project
• The scope of work
• Whether the project clearly improves productivity or capability
Support is provided on a reimbursement basis after the project is completed and approved.
What types of financial or automation projects qualify?
Projects under Innovation and Productivity are commonly supported. These include:
• Improving financial reporting workflows
• Strengthening budgeting or forecasting processes
• Automating manual tasks
• Redesigning workflows to improve productivity
• Enhancing data accuracy or process efficiency
If your project improves how work is done, reduces manual effort, or increases productivity, it is likely to be eligible.
Do I need a certified consultant to apply for the EDG?
Yes. For consulting-related projects, Enterprise Singapore requires the work to be delivered by a SAC-accredited TR 43 / SS 680 Registered Management Consultant (RMC).
This ensures the project follows recognised standards.
Because we hold this accreditation, projects delivered with us meet this requirement.
How long does EDG approval take?
Approval timelines vary, but most applications take 6 to 12 weeks depending on:
• Project complexity
• The completeness of your submission
• Assessment workload at Enterprise Singapore
We help ensure your application is prepared properly to avoid delays.
Can I start the project before approval?
No. The EDG only funds projects that start after official approval is granted.
If work begins before approval, the project will not be eligible for support.
What documents do I need to prepare?
Here are the most common items required for an EDG application:
• Latest financial statements
• A clear proposal project
• Consultant's scope of work
• Project timeline and cost breakdown
• Company ACRA profile
We guide you through preparing these documents so everything is aligned with EDG requirements.
Does the EDG cover software and automation tools?
EDG does not support standalone software purchases.
However, software can be supported when it is part of a larger business improvement project under Innovation and Productivity.
This means the software must:
• Be essential to achieving the project outcomes
• Support automation, workflow improvement, or stronger financial processes
• Be accompanied by consulting work that drives measurable productivity gains
In short, software alone is not eligible, but software used within a transformation project may be supported.
How are claims and reimbursements processed?
After the project is completed, you submit:
• Invoices
• Final project report
• Proof of deliverables
• Supporting documents requested by Enterprise Singapore
Once approved, the funding is reimbursed directly to your company.
We assist you through the claims process so you can submit everything correctly.
Can I apply for more than one EDG project?
Yes.
Companies can apply for multiple EDG projects over time, as long as each project:
• Has a clear scope
• Focuses on improving a different area of the business
• Meets the eligibility criteria
Many SMEs apply for EDG support in phases as they upgrade different parts of their operations.
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