Complete Guide to Singapore Government Grants for Businesses in 2026

Singapore offers one of the world's most comprehensive government grant ecosystems for businesses. Whether you're a startup seeking innovation funding or an SME expanding overseas, there's likely a grant program designed to support your growth. This guide covers the major schemes available in 2026, eligibility criteria, and practical application tips.

Quick grant selector

Need to upgrade operations or innovate? Enterprise Development Grant (EDG) – up to 70% funding.
Want to adopt IT solutions quickly? Productivity Solutions Grant (PSG) – up to $30,000.
Expanding to overseas markets? Market Readiness Assistance (MRA) – up to $100,000 per market.
Building workforce capabilities? SkillsFuture Enterprise Credit (SFEC) & Workforce Development Grant (WDG).

Major grant programs in 2026

1. Enterprise Development Grant (EDG)

The EDG is Singapore's flagship grant for companies looking to innovate, upgrade capabilities, or expand internationally. It covers up to 50% of eligible project costs, or up to 70% for sustainability-related projects (available until 31 March 2026).

Supported areas:

Core Capabilities: Business strategy, financial management, HR development, service excellence, brand and marketing.
Innovation & Productivity: Process redesign, automation, ERP implementation, R&D projects.
Market Access: Overseas expansion, market research, partnership development.

Key requirement: Apply before signing contracts or making payments.

2. Productivity Solutions Grant (PSG)

PSG helps SMEs adopt pre-approved IT solutions and equipment to improve productivity. Companies can receive up to $30,000 in funding support.

What's covered:

Pre-approved software solutions (accounting, HR, CRM, inventory management)
Industry-specific equipment and tools
Digital marketing and e-commerce platforms

Administered by Enterprise Singapore, IMDA, and sector agencies.

3. Market Readiness Assistance (MRA) Grant

The MRA grant supports SMEs expanding overseas with up to 70% funding support, capped at $100,000 per market (enhanced cap extended until 31 March 2026).

Eligible activities:

Market feasibility studies and research
Overseas trade shows and business missions
Setting up overseas offices or warehouses
Legal, accounting, and consulting services for market entry

4. SkillsFuture Enterprise Credit (SFEC)

Eligible employers receive a one-off $10,000 credit to cover up to 90% of out-of-pocket expenses for workforce and enterprise transformation initiatives.

Note: The current SFEC is extended until the redesigned version launches in H2 2026.

5. SkillsFuture Workforce Development Grant (WDG) – New in 2026

Part of the Enterprise Workforce Transformation Package announced at Committee of Supply 2025, the WDG will be progressively rolled out in 2026. It provides holistic workforce development support through a single application channel via the Business Grants Portal.

More details to be announced as the scheme rolls out.

6. Energy Efficiency Grant (EEG)

Supports investment in energy-efficient equipment with funding of up to 70% for SMEs and 30% for non-SMEs (available until 31 March 2026).

General eligibility requirements

Most Singapore government grants require businesses to meet these baseline criteria:

Registered and operating in Singapore
At least 30% local shareholding (Singapore Citizens or PRs)
Adequate paid-up capital demonstrating financial commitment
Clear financial documentation and accounting practices
Compliance with applicable laws and regulations

Application tips: Common mistakes to avoid

Critical: Apply BEFORE signing contracts

For grants like EDG and PSG, you must apply before signing contracts or making payments. This is the most common mistake among first-time applicants and can lead to immediate rejection.

Plan ahead: Grant applications can take 4-8 weeks for approval. Factor this into your project timeline.
Use the Business Grants Portal (BGP): Since 2017, BGP has been the one-stop platform for most grant applications.
Maintain documentation: Keep detailed records of quotes, contracts, invoices, and project milestones.
Align with national priorities: Projects related to sustainability, digitalization, and innovation often receive higher support levels.
Consider stacking grants: Some grants can be combined—for example, using EDG for strategy development and PSG for IT implementation.

Application process overview

Assess eligibility: Review grant criteria and ensure your project aligns with supported activities.
Prepare documentation: Business profile, financial statements, project proposal, quotations.
Submit via BGP: Create an account at businessgrants.gov.sg or GoBusiness portal.
Wait for assessment: Government agencies will review and may request additional information.
Receive approval: Upon approval, proceed with the project and maintain compliance.
Claim reimbursement: Submit claims with supporting documents after project milestones are met.

Startup-specific grants

Early-stage companies can also access dedicated startup funding programs:

Startup SG Founder: Mentorship and funding for first-time entrepreneurs.
Startup SG Tech: Funding for technology development (up to $250,000 in proof-of-concept grants).
Startup SG Equity: Co-investment with private investors for scalable startups.

Key resources and links

Business Grants Portal – One-stop application platform
GoBusiness Grants & Support – Search and compare grants
Enterprise Development Grant (EDG) – Official EDG page
Productivity Solutions Grant (PSG) – Official PSG page

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