Today and into the future, companies that thrive are the ones that have strong business foundations and strategies, adopt technology and innovative processes, and grow their overseas presence.
The Enterprise Development Grant (EDG) helps Singapore companies grow and transform.
Standard adoption helps the company adopt internationally-recognised standards and certifications in key industries, as well as in new and emerging sectors. By doing so, your company should achieve outcomes, such as increased business competitiveness locally and internationally, enhanced market access, and/ or increased trust in your products and services.
Scope of work can cover: Assessment, training, first time certification and adoption of relevant standards for business growth.
To qualify for the EDG, the organisation needs to:
Be registered and operating in Singapore
Have a minimum of 30% local shareholding
Be in a financially viable position to start and complete the project
Applications will be assessed by Enterprise Singapore based on project scope, project outcomes and competency of service provider.
What is not covered:
Cost of annual surveillance or recertification of current standards which the company is already certified to
Standards referred to in local regulatory acts
Product testing and validation of existing or off-the-shelf products
Basic standards such ISO 9001, ISO 14001*, SS 506, SS 444 and ISO 4500
* up to 70% of qualifying costs for SMEs; Up to 50% for non-SMEs. SMEs are
defined as having group annual sales turnover of equal or less than S$100
million or group employment of equal or less than 200.