Types of Grants for Local Businesses in Singapore

Update, as of September 2026: EDG, MRA and PSG ceased 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 for SMEs and Startups

Listed below are government grants for SMEs and startups. The EDG, MRA and PSG sections describe those schemes as they stood before they closed.

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 those under Enterprise Singapore.

Until 29 September 2026, the three grants below provided funding support for business functions, from innovation to market access.

Enterprise Development Grant (EDG)

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

As of September 2026: EDG ceased on 29 September 2026. From 30 September onwards, businesses apply under the EDGE Grant. Source: the official EDGE Grant page.

Market Readiness Assistance (MRA) Grant

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

As of September 2026: MRA ceased on 29 September 2026. From 30 September onwards, businesses apply under the EDGE Grant. Source: the official EDGE Grant page.

Productivity Solutions Grant (PSG)

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

As of September 2026: PSG ceased on 29 September 2026. From 30 September onwards, businesses apply under the EDGE Grant. Source: the official EDGE Grant page.

Browse our grants library

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 supported projects that helped businesses upgrade 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” was a funding scheme that supported the development and transformation of enterprises in Singapore. The grant assisted enterprises with their business transformation, internationalisation and capability development initiatives.

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