Government Grants for
Singapore SMEs
Complete guide to government funding for Singapore SMEs. Find eligibility, maximum support, application processes, and pro tips for PSG, EDG, AI Trailblazers, and more.
Productivity Solutions Grant (PSG)
Pre-approved IT solutions including CRM, ERP, HRMS, POS, and e-invoicing to enhance business processes.
Enterprise Development Grant (EDG)
Strategic transformation and capability building beyond off-the-shelf solutions. Enhanced rates for sustainability projects.
Market Readiness Assistance (MRA)
First steps into overseas markets including business development, trade fairs, and market research.
NTUC Company Training Committee (CTC) Grant
Productivity improvements and job redesign initiatives while upskilling workers through training programs.
SkillsFuture Enterprise Credit (SFEC)
One-off S$10,000 credit for training and consultancy. Stackable with other grants.
Energy Efficiency Grant (EEG)
Energy efficiency improvements across retail, F&B, manufacturing, construction, maritime, and data centers.
Energy Efficiency Fund (E2F)
Manufacturing-focused energy efficiency projects beyond pre-approved equipment lists.
PSG – Job Redesign (PSG-JR)
Pre-approved consultants to redesign job roles and business processes for improved productivity.
Career Conversion Programmes (CCP)
Salary support while reskilling mid-career professionals or existing employees for new roles.
Business Improvement Fund (BIF)
Technology adoption and business operations redesign for tourism and hospitality firms.
Digital Leaders Programme (DLP)
Build in-house digital and AI capabilities for digitally mature local firms with GenAI support.
Enterprise Compute Initiative (ECI)
Cloud credits plus consulting support for GenAI pilot projects. Companies co-pay 30% of consulting.
AI Trailblazers (IMDA + Google Cloud)
Government-industry collaboration to help organizations build practical GenAI solutions.
IMDA GenAI Sandbox for SMEs
National GenAI sandbox for SMEs to safely experiment with GenAI technologies.
AI Singapore – 100E (100 Experiments)
6-month AI MVP development with dedicated AISG engineers and apprentices.
A*STAR / AI Singapore – T-Up
Secondment of researchers and engineers to SMEs for technology capability upgrading.
Open Innovation Platform (OIP)
Crowdsourcing platform connecting Problem Owners with Problem Solvers for collaborative innovation.
Singapore Government Grants for SMEs
Singapore offers one of the most comprehensive government grant ecosystems in Asia for small and medium enterprises (SMEs). These grants are designed to help businesses digitalize, innovate, expand internationally, and build workforce capabilities.
Popular Grants for AI & Digital Transformation
- Productivity Solutions Grant (PSG) — Up to 50% funding for pre-approved IT solutions including CRM, ERP, and POS systems. Annual cap of S$30,000.
- Enterprise Development Grant (EDG) — Up to 70% for sustainability projects. Supports strategic transformation beyond off-the-shelf solutions.
- Enterprise Compute Initiative (ECI) — Up to 70% for GenAI pilot projects. Total support capped at S$555,000.
- AI Trailblazers — Free sandbox access and technical support for building practical GenAI solutions, in partnership with Google Cloud.
How to Apply
Most grants require applications through the Business Grants Portal (BGP) managed by Enterprise Singapore. Key tips for a successful application:
- ✅ Ensure your project has not commenced before approval
- ✅ Use pre-approved vendors for PSG applications
- ✅ Prepare comprehensive documentation (ACRA Bizfile, financial statements, quotations)
- ✅ Track your annual cap to avoid overcommitting
- ✅ Apply early — processing takes 2-4 weeks for approval
Grant Eligibility Basics
Most Enterprise Singapore grants share common eligibility criteria: your company must be registered and operating in Singapore, with at least 30% local shareholding. Some grants like PSG require solutions to be from the pre-approved directory. AI-specific grants may require technical assessments.
Need Help Finding the Right Grant?
Our team can help you identify the best grants for your business and assist with the application process.