Enterprise Development Grant – EDG
Enhance Your Business Capabilities
Enterprise Development
Grant – EDG
Enhance Your Business Capabilities
What Is EDG
Enterprise Development Grant (EDG) is a financial assistance programme by Enterprise Singapore.
EDG supports projects that help you upgrade, innovate, grow and transform your business.
EDG funds qualifying project costs namely third-party consultancy fees, software and equipment, and internal manpower costs.
What We Provide
With in-house certified consultants, we provide consultancy services for both IT and Brand & Marketing solutions for SMEs.
What Are The Criteria
Eligibility Criteria:
Grants Available
Core Capabilities
Strategic Branding and Marketing Development
Strategic Branding and Marketing Development
Elevate your brand and marketing offerings by implementing strategies that effectively connect with your target audience and expand your market presence.
Applicable Scope
- Conducting a diagnosis and gap analysis within your company.
- Evaluating internal and external factors, including strengths, weaknesses, and competitors.
- Conducting primary or secondary research.
- Providing recommendations and plans for implementation.
- Developing a compelling brand strategy to attract targeted consumers and differentiate from competitors.
- Assessing a brand’s financial value and identifying key brand drivers.
- Creating a strategic plan to optimise marketing resources and enhance customer communications.
Not Applicable Scope
- Production of corporate and/or marketing materials, such as brochures, videos, websites, photography, stock images, and copywriting.
- Implementation of marketing or PR campaigns, including consultant retainer fees, advertising and media purchases, involvement of social media influencers, website/social media management, Search Engine Optimization (SEO), and Search Engine Marketing (SEM).
Innovation and Productivity
Automation
Automation
Improve resource efficiency through automation and technology.
Applicable Scope
- Adoption or development of advanced hardware and/or software solutions.
- Implementation of solutions involving the procurement of machinery and integration of systems.
- Staff training for the deployment of solutions.
- Resource optimization projects with specified projected quantitative improvements in resource efficiency, including the reduction of:
– Carbon emissions (tCO2e)
– Energy consumption (kWh or kJ)
– Waste generation (tons)
– Water consumption (l or cm3)
Not Applicable Scope
- Initial setup costs essential for starting a business.
- Costs related to equipment and devices, such as copiers, laptops, tablets, and mobile phones.
- Expenses for equipment and software are covered under the Productivity Solutions Grant (PSG).
- Replacement or addition of solutions with minimal changes to resource efficiency and no development of new capabilities, unless part of a larger integrated system enhancing resource efficiency.
- Replacement of faulty solutions or equipment.
- Installation of conventional, operational, and off-the-shelf solutions, appliances, or devices (e.g., energy-saving LED lighting, solar panels).
Innovation and Productivity
Process Redesign
Process Redesign
Conduct a thorough examination of current processes, pinpointing potential areas for efficiency enhancement, prior to embarking on automation or technological transformation initiatives.
Applicable Scope
- Evaluation and optimization of workflow and processes to eliminate or minimise redundant procedures.
- Investigation and implementation of technology for process automation.
- Review and/or creation of performance metrics.
- Establishment of a tracking and measurement system.
- Development of a comprehensive action roadmap for further enhancements.
- Assessment of resource consumption with identification of areas for improvement.
- Pilot testing and implementation of recommended processes.
- Resource optimization projects with specified projected quantitative improvements in resource efficiency, including the reduction of:
– Carbon emissions (tCO2e)
– Energy consumption (kWh or kJ)
– Waste generation (tons)
– Water consumption (l or cm3)
Innovation and Productivity
Product Development
Product Development
Innovate and create cutting-edge technology and products with the ultimate objective of commercialization, encompassing sustainable products, services, and solutions.
Applicable Scope
- Evaluation of market viability.
- Formulation of a product roadmap and identification of proposed functionalities.
- Demonstration of market validation.
- Creation of a comprehensive commercialization plan.
- Examination of intellectual property considerations, including IP/Trade Secrets protection, IP strategy, and Freedom to Operate analysis.
- Development of prototypes and small batch production, where applicable.
- Definition of sustainable products/services, which may include designs that are:
– more durable or energy/resource-efficient
– reparable
– recyclable or
– prioritised recycled materials; and products/services facilitating third parties in enhancing their sustainability performance
Not Applicable Scope
- Development of the initial product.
- Projects characterised by low levels of technological innovation compared to industry norms.
What is in it for you
Diagnosis and Analysis
In-Depth Scoping
Proposing Suitable Solution
Customising Needs
Implementation Support
Diagnosis and Analysis
Our team of seasoned experts conducts thorough assessments to understand the current state of your business. We delve deep into your operations, identifying strengths, weaknesses, opportunities, and threats. Through rigorous analysis, we provide you with a clear and accurate diagnosis of your organisational landscape.
In-depth Scoping
Once we have diagnosed your business, we move on to scoping. This involves defining the parameters of your project, outlining goals, and establishing realistic timelines and budgets. Our in-depth scoping ensures that your project is well-defined from the outset, minimising risks and paving the way for a successful implementation.
Proposing Suitable Solutions
Armed with a precise understanding of your needs, we craft customised solutions tailored to address your specific challenges. Our recommendations are not one-size-fits-all; instead, they are strategic, practical, and aligned with your business objectives. We present you with a roadmap for success, outlining the steps needed to achieve your goals.
Customising Needs
Recognising that each business is unique, we specialise in tailoring our solutions to fit your distinct requirements. Our team works closely with yours to customise strategies, processes, and tools, ensuring that the proposed solutions seamlessly integrate into your existing framework. The result is a bespoke approach that maximises efficiency and effectiveness.
Implementation Support
Our commitment doesn’t end with recommendations. We provide hands-on support during the implementation phase, guiding your team through the transition. Our experts collaborate with your stakeholders, offering training, troubleshooting, and ensuring a smooth integration of the proposed solutions. We’re with you every step of the way, ensuring that the envisioned benefits are realised.
Why Choose Us
Connect
Reachable within 1 to 2 working days
Expert
Experienced in consultancy field for over 5 years
Efficient
Two in One, consultant and vendor services available
Uncertain if you qualify?
Connect with us for a free enquiry.