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EDG · Enterprise Singapore

Enterprise Development Grant — Financial Management

The EDG Financial Management track co-funds consultancy that strengthens budgeting, cash flow, costing, and financial reporting for Singapore SMEs.

EDG Financial Management at a glance

SME co-funding
Up to 50% of qualifying costs
Maximum funding
No fixed grant cap. Approved amount is the support percentage applied to qualifying project costs (consultancy fees, software, and qualifying internal manpower).
Processing time
Allow up to 3 months from a complete submission to outcome.
Project duration
6–12 months typical, set in the approved project milestones.
Reimbursement
Reimbursement basis. You pay project costs first, then claim against achieved milestones.

Sources: Enterprise Singapore grant page · BusinessGrants Portal · Last verified

Who it's for

Singapore-registered SMEs with at least 30% local shareholding, ready to commit to a structured financial transformation project.

Primary source: Enterprise Singapore guidelines

Eligibility

  • Registered and operating in Singapore
  • At least 30% local shareholding
  • Group annual sales ≤ S$100m or group employment ≤ 200 to qualify for SME support level
  • In a financially viable position to start and complete the project

What the grant covers

  • Diagnosis and gap analysis of your company's financial function
  • Development of a strategic roadmap, business frameworks, policies or processes
  • Recommendations and plans for implementation
  • Plans to optimise financing, investment, and risk management
  • Identification of business risk exposure, and development of risk management processes and controls
  • Formation of international corporate structures to minimise tax liabilities

What is not covered

  • Regulatory compliance costs (e.g. consolidated financial statements, accounting or tax filing services)
  • Drafting of legal documents
  • Procurement of ICT solutions

Source: EnterpriseSG — Enterprise Development Grant

How we work with you

  • Free 30-minute eligibility check
  • Scoping workshop to define outcomes and KPIs
  • Proposal, costing, and grant application submission
  • Project delivery with our certified consultants
  • Claim submission and reimbursement support

Frequently asked questions

QHow much of the project cost does EDG cover?

SMEs can receive support of up to 50% of qualifying costs (consultancy fees, software, and certain manpower). Non-SMEs are supported at up to 30%.

QHow long does an EDG Financial Management project take?

Applications typically take 4–8 weeks to be evaluated. Projects run for 6–12 months depending on scope and the size of the finance function.

QDo I need to pay upfront?

Yes. EDG is a reimbursement grant — you pay project costs first, then claim the approved support amount after milestones are completed and verified.

QWhat outcomes does Enterprise Singapore expect?

EDG projects must show measurable business outcomes such as productivity gains, revenue growth, or new capability built. We help you define and evidence these in the proposal.

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