Your SG SME Grant Cheat Sheet — PSG · EDG · SFEC

1. The three grants, side by side

These are the schemes most Singapore SMEs ask about. Figures below are general guidance as of 2026 and can change — always confirm on the official sources (linked at the bottom).

	PSG	EDG	SFEC
Full name	Productivity Solutions Grant	Enterprise Development Grant	SkillsFuture Enterprise Credit
Best for	Buying pre-approved IT solutions & equipment to digitalise / automate.	Larger projects: building core capabilities, innovation, or overseas expansion.	A credit that offsets your out-of-pocket cost on supportable schemes (incl. training & some PSG/EDG costs).
Typical support	Up to 50% of qualifying cost	Up to 50% for SMEs (project-based)	Up to 90% of remaining out-of-pocket, via the credit
Cap (guide)	~S$30,000 per company, per financial year	Varies by project scope & approval	A fixed credit amount per eligible company
Applied via	GoBusiness (Business Grants Portal)	Business Grants Portal (Enterprise Singapore)	Auto-assessed; used to offset eligible claims

The simple way to think about it

PSG = quick win for off-the-shelf tools. EDG = bigger, custom growth projects. SFEC = a top-up credit that softens what you still pay out of pocket. Many SMEs use PSG and SFEC together.

2. Other schemes worth knowing

PSG, EDG and SFEC are where most SMEs start — but these come up just as often, especially for overseas expansion, financing and startups. Same rule applies: confirm the latest on the official sources.

Scheme	Best for	Support (guide)
MRA	Market Readiness Assistance — going overseas: market entry, promotion, and setting up in a new market.	Up to 50%, cap ~S$100,000 per new market
EFS	Enterprise Financing Scheme — government-backed loans (working capital, fixed assets, trade, projects). A loan, not a grant.	Government shares the lender's risk
Startup SG	Founder & Tech — early-stage startups: mentorship plus capital for first-time founders, and grants to commercialise proprietary tech.	Varies by track & stage

Not sure which of these fits you? That's exactly what a quick call sorts out — book a free consultation.

3. The 60-second "do I qualify?" check

PSG is the most common starting point. These are its core eligibility rules — tick them off:

My business is registered and operating in Singapore. At least 30% local shareholding (Singapore Citizens / PRs). Group annual sales turnover ≤ S$100 million, or group employment ≤ 200 employees. The solution/equipment will be used in Singapore (not deployed overseas). I have not yet paid, signed, or committed to the purchase (approval must come first — see mistake #1).

Ticked most boxes? You're likely in the ballpark for PSG. EDG has its own project-based assessment. Confirm specifics on GoBusiness before you commit to anything.

4. How to actually apply

For PSG, the official route runs through the GoBusiness Business Grants Portal. The shape of it:

Pick a supportable solution. Browse the pre-approved solutions list on GoBusiness and choose one that fits a real business need.
Get a quote from a pre-approved vendor. The vendor and solution must be on the approved list for that quote to count.
Log in & apply on the Business Grants Portal (with your Corppass) — before you pay or sign anything.
Wait for the outcome. Only proceed with purchase once you have approval, to stay eligible.
Implement, then submit your claim with the required documents (invoice, proof of payment, etc.).

Start here: grants.gobusiness.gov.sg

5. Mistakes that get applications rejected

✕ Paying or signing before approval. The single most common killer — costs committed before you apply usually can't be funded.
✕ Using a non-approved vendor or solution. If it isn't on the supportable list, the quote doesn't qualify.
✕ A weak or vague quotation. Quotes that don't match the approved solution scope get queried or rejected.
✕ Eligibility gaps. Shareholding, turnover/headcount, or "used in Singapore" rules not actually met.
✕ Incomplete claim documents. Missing invoice or proof of payment stalls or voids the claim at the back end.

6. One thing on the horizon

A new "EDGE" framework is expected in H2 2026

Enterprise Singapore has signalled plans to consolidate several existing grants under a new framework. Names, caps, and rules may shift — so treat any figures here as a starting point and re-check the official sources before you apply.

Educational resource only — please read. Aquarise is an independent private company. We are not a government agency and are not affiliated with, endorsed by, or an approved/appointed vendor of Enterprise Singapore, GoBusiness, SkillsFuture Singapore, or any other government body. We do not guarantee, secure, or process grants on your behalf. This guide is general information, not professional advice. Grant schemes, support levels, caps and eligibility change — always verify the latest details on the official sources: grants.gobusiness.gov.sg · enterprisesg.gov.sg · gobusiness.gov.sg.

Guidance current as of 2026. Figures are indicative and subject to change.

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Singapore SME Grants, in one page