Types of Grants for Local Businesses in Singapore

Update, as of September 2026: EDG, MRA and PSG will cease on 29 September 2026. From 30 September onwards, businesses apply for business grant support under the EDGE Grant. The EDGE Grant offers up to 70% for SMEs and up to 50% for non-SMEs. Support levels differ by activity. It gives up to S$100,000 in total grant support per year. Source: the official EDGE Grant page.

Whether you are a start-up company, small and midsize enterprises (SMEs) or an established company, the Singapore Government makes several grants available through Enterprise Singapore.

With a range of business grants for Singapore SMEs and Startups made available in 2026, Singapore companies have many government resources to tap on that can support them in taking their next steps to grow. Enterprise Singapore grants help committed companies build capabilities, innovate and expand overseas.

When Should You Be Considering a Grant for SMEs in Singapore?

Depending on your business goals, once you have grown your business, whether a startup or an SME, in Singapore to a certain size, you need to prepare to expand locally and then overseas to take your business to the next level of growth. When you do start to venture into new larger markets, it’s critical to plan your marketing budgets carefully and to use data to determine where you should be spending your marketing dollars.

Your growth framework needs to be set up and fine-tuned locally to use data effectively before you attempt to venture to larger markets. When you do need to cater for huge growth it’s critical to ensure you have the right systems in place that can adapt to the growth opportunities as they happen. You will not have time to react cost effectively if things are not already in place.

To support companies in their various stages with financial assistance, the Singapore Government has made available several grants through Enterprise Singapore, who work with committed companies to build capabilities, innovate and internationalise.

Types of Business Grants Available for SMEs and Startups

Listed below are government grants for SMEs and startups, as of September 2026.

Government SME Grants: A Catalyst for SME Growth

The Singapore government offers various SMEs grants to accelerate local enterprise growth. SMEs can tap on grants for small business Singapore like the Enterprise Development Grant (EDG) and others under Enterprise Singapore.

These government grants for sme provide funding support for business functions, from innovation to market access.

Enterprise Development Grant (EDG)

The Enterprise Development Grant (EDG) supports projects that help upgrade, innovate, grow and transform an SME.

As of September 2026, the EDG supports up to 50% of eligible costs for local SMEs. Sustainability projects get enhanced support at up to 70%. EDG will cease on 29 September 2026. From 30 September onwards, businesses apply under the EDGE Grant. Source: the official EDG page.

Eligibility

• Company has at least 30% local equity held directly or indirectly by Singaporean(s) and/or Singapore PR(s) (as of September 2026, source: official EDG page)

Meeting these criteria does not mean that you will receive the grant.

Market Readiness Assistance (MRA) Grant

The Market Readiness Assistance (MRA) grant helps companies expand into new markets overseas by defraying the costs of overseas market promotion, business development and set-up.

As of September 2026, MRA support is up to 70% for SMEs. That rate took effect on 1 April 2026. Support is capped at S$100,000 per company per new market. MRA will cease on 29 September 2026. From 30 September onwards, businesses apply under the EDGE Grant. Source: the official MRA page.

MRA Grant Coverage

MRA support covers:

• Overseas market promotion
• Overseas business development
• Overseas market set-up

Eligibility

• Company has a Group Annual Sales Turnover not exceeding S$100 million OR a Group employment size not exceeding 200 employees (as of September 2026, source: official MRA page)

Meeting these criteria does not mean that you will receive the grant.

Read more about the MRA Grant

Productivity Solutions Grant (PSG)

The Productivity Solutions Grant (PSG) helps businesses enhance their processes with technology.

As of September 2026, the PSG supports up to 50% of eligible costs for local SMEs. PSG will cease on 29 September 2026. From 30 September onwards, businesses apply under the EDGE Grant. Source: the official PSG page.

Read more about the PSG Grant

Government Startup Grants: Kickstart Your Journey

Promising startups in Singapore can avail themselves of a suite of attractive government funding support to transform innovative ideas into commercial success stories. Startup SG Founder, Startup SG Tech and Startup SG Accelerator are startup programmes.

As of September 2026, check current Startup SG details on the official Join Startup SG page.

Accelerating Growth Through Government Support

SMEs can tap into various government grants to address critical business needs, ranging from fostering innovation to accessing new markets. These grants provide financial assistance for initiatives such as capability development, technology adoption, and market expansion.

Whether an early-stage startup availing Singapore startup grants or a growing SME, various funding schemes enable local enterprises to transform.

Government Funding Support Levels

SME funding Singapore support levels differ based on grant type and applicant size:

• EDGE Grant, as of September 2026: up to 70% for SMEs and up to 50% for non-SMEs. Support levels differ by activity. Source: the official EDGE Grant page.

How Can an SME Benefit from Government Business Grants?

The Singapore government grants for SME aims to empower local enterprise growth through technology adoption, market access, capability building, R&D and more.

Some potential benefits for SMEs include:

• Fund business transformation initiatives
• Pursue overseas expansion with reduced risks
• Develop novel solutions through R&D and IP protection
• Drive technology integration and process improvements
• Enhance talent and organisational capabilities
• Obtain expert advisory through grant projects

The Enterprise Development Grant (EDG), until 29 September 2026

Let’s look closer at the Enterprise Development Grant (EDG). The grant supports projects that help you upgrade your business in various areas, to not only compete more effectively locally but to also venture overseas.

Enterprise Development Grant (EDG)

The Enterprise Development Grant (EDG), popularly referred to as “the EDG grant” is a funding scheme that supports the development and transformation of enterprises in Singapore. The grant assists enterprises with their business transformation, internationalisation and capability development initiatives.

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