Changes in grant support level for PSG & EDG

Published by admin

Monday, Apr 03

Summary: Effective from 01 April 2023, the grant support level is up to 50% for Enterprise Development Grant (EDG) and Productivity Solutions Grant (PSG).

EDG and PSG are important programs that provide financial support to Singaporean businesses to improve their capabilities and competitiveness.

The Productivity Solutions Grant (PSG) supports companies looking to implement IT solutions and equipment to enhance their business processes. For PSG, SME’s can receive up to 50% grant support with effect from 1 April 2023.

The Enterprise Development Grant (EDG) helps companies in Singapore to transform and grow and from 1 April 2023, SME’s can receive up to 50% grant support for EDG. From 1 April 2023 to 31 March 2026, sustainability-related projects may be supported at up to 70%.

For more information on the PSG and EDG grants, do take a look at Enterprise Singapore’s website or click the links below.

More information on PSG

More information on EDG

If you are keen on applying for the grants or if you have any clarifications or questions, do get in touch with us and our team will gladly assist you.

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