Singapore Government Grants Application

Productivity Solutions Grant (PSG)

The Productivity Solutions Grant (PSG) helps businesses adopt pre-approved digital solutions and automation equipment to improve operational efficiency. Supported solutions include systems such as ERP, CRM, POS, HR/payroll platforms, e-commerce tools, and sector-specific software or equipment.

Eligible applicants must be Singapore-registered companies with at least 30% local shareholding and meet the SME definition (group annual revenue not exceeding S$100 million or 200 employees). PSG generally supports up to 50% of qualifying costs, with a typical annual support cap of around S$30,000 per company. Companies must apply and receive approval before purchasing the solution.

Market Readiness Assistance Grant (MRA)

The Market Readiness Assistance (MRA) Grant supports Singapore SMEs expanding into new overseas markets. It provides funding for activities such as market research, overseas marketing campaigns, business development efforts, and setting up overseas business presence.

Eligible companies must be registered and operating in Singapore with at least 30% local shareholding and meet SME criteria. The grant typically supports up to 50% of eligible costs, with a maximum funding support of up to S$100,000 per new market. The grant is intended for companies entering markets where they have limited existing sales activity.

Enterprise Development Grant (EDG)

The Enterprise Development Grant (EDG) supports companies undertaking strategic business transformation projects. This includes areas such as corporate strategy development, process redesign, automation, product innovation, and international market expansion.

To qualify, companies must be registered and operating in Singapore with at least 30% local shareholding. EDG typically supports up to 50% of qualifying project costs, although higher support levels may apply for sustainability-related projects during specific policy periods. Projects must not commence before grant approval and must demonstrate clear business outcomes and performance indicators. Applications are submitted via the Business Grants Portal, with typical approval timelines of 8–12 weeks.

Energy Efficiency Grant (EEG)

The Energy Efficiency Grant (EEG) supports companies investing in energy-efficient equipment to reduce energy consumption and operating costs. It is primarily targeted at sectors such as manufacturing, food services, retail, and other energy-intensive industries.

Applicants must be Singapore-based companies with at least 30% local shareholding and operate within eligible industry classifications. The grant generally supports approximately 30%–70% of qualifying equipment costs, depending on the sector and equipment type. Companies must demonstrate measurable energy savings from the equipment upgrade.

SkillsFuture Enterprise Credit (SFEC)

The SkillsFuture Enterprise Credit (SFEC) provides companies with S$10,000 in enterprise credits to offset costs related to employee training and workforce transformation initiatives.

Eligible companies must employ local CPF-contributing staff and meet SkillsFuture eligibility criteria. The credit can be used to offset costs under approved programmes such as workforce training, job redesign, and enterprise transformation projects. SFEC does not require a separate application and can be automatically utilised when participating in eligible initiatives.

Enterprise Financing Scheme (EFS)

The Enterprise Financing Scheme (EFS) helps businesses access financing for working capital, trade financing, and growth investments. Unlike grant programmes, EFS is a financing support scheme where the Singapore government shares lending risk with participating financial institutions.

Companies must be registered in Singapore and meet the participating bank’s credit assessment criteria. Loan amounts depend on company size and financing needs. Applications are submitted directly through participating banks, with typical approval timelines ranging from 2–6 weeks.

Business Adaptation Grant (BizAdapt)

The Business Adaptation Grant (BizAdapt) supports companies adjusting to external economic disruptions such as global trade policy changes, tariffs, or supply chain restructuring.

Eligible companies must be Singapore-registered businesses with at least 30% local shareholding. The grant typically supports up to S$100,000 per company, with support levels for SMEs increasing to up to 70% from April 2026. Funding may be used for supply chain restructuring, risk assessment, compliance advisory, and market diversification initiatives.

Startup SG Founder

The Startup SG Founder programme provides seed funding and mentorship support for first-time entrepreneurs launching innovative startups.

Applicants must present a viable and innovative business concept and include at least one Singapore citizen or permanent resident as a founder. The programme operates on a co-matching basis, typically providing S$20,000–S$50,000 in startup capital. Applications must be submitted through government-accredited Accredited Mentor Partners (AMPs) who evaluate and recommend proposals.

Startup SG Tech

The Startup SG Tech programme supports deep-tech startups in commercialising proprietary technologies and bringing innovations from research to market.

The grant is structured in two stages:
• Proof-of-Concept (POC): up to S$250,000
• Proof-of-Value (POV): up to S$500,000

Applicants are typically early-stage technology startups incorporated in Singapore within the past five years and must demonstrate strong technical innovation or intellectual property. Applications undergo technical and commercial evaluation by expert panels.

Startup SG Equity (SEEDS Capital)

Startup SG Equity is a co-investment scheme where the Singapore government invests alongside qualified private investors in promising startups.

For general technology companies, the government may co-invest up to approximately S$2 million, while deep-tech companies may receive co-investment support of up to approximately S$12 million. The scheme requires a qualified lead investor and involves government equity participation rather than grant funding.