# Grants for Singapore SMEs

> Discover 20+ Singapore government grants for SMEs including PSG, EDG, MRA, and AI grants. Get up to 70% support for tech, manpower, and growth initiatives.

Details, Strategies and Pitfalls on how to apply for and claim grants

Enterprise Singapore

### Productivity Solutions Grant (PSG)

Pre-approved IT solutions including CRM, ERP, HRMS, POS, and e-invoicing to enhance business processes.

Max Support: · 50%

Cap: · S$30k annually

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Enterprise Singapore

### Enterprise Development Grant (EDG)

Strategic transformation and capability building beyond off-the-shelf solutions. Enhanced rates for sustainability projects.

Max Support: · 50% SMEs, 70% sustainability

Cap: · Project-based

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Enterprise Singapore

### Market Readiness Assistance (MRA)

First steps into overseas markets including business development, trade fairs, and market research.

Max Support: · 50%

Cap: · S$100k per market

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NTUC / e2i

### NTUC Company Training Committee (CTC) Grant

Productivity improvements and job redesign initiatives while upskilling workers through training programs.

Max Support: · 70%

Cap: · Project-based

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Enterprise Singapore

### SkillsFuture Enterprise Credit (SFEC)

One-off S$10,000 credit for training and consultancy. Stackable with other grants.

Max Support: · 90%

Cap: · S$10k credit

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Enterprise Singapore

### Energy Efficiency Grant (EEG)

Energy efficiency improvements across retail, F&B, manufacturing, construction, maritime, and data centers.

Max Support: · 70%

Cap: · S$30k base, S$350k advanced

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National Environment Agency

### Energy Efficiency Fund (E2F)

Manufacturing-focused energy efficiency projects beyond pre-approved equipment lists.

Max Support: · 70%

Cap: · Project-based

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Workforce Singapore

### PSG – Job Redesign (PSG-JR)

Pre-approved consultants to redesign job roles and business processes for improved productivity.

Max Support: · 50%

Cap: · S$30k per company

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Ministry of Manpower Singapore

### Career Conversion Programmes (CCP)

Salary support while reskilling mid-career professionals or existing employees for new roles.

Max Support: · 70-90%

Cap: · S$45k per 6-month

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Singapore Tourism Board

### Business Improvement Fund (BIF)

Technology adoption and business operations redesign for tourism and hospitality firms.

Max Support: · 70% SMEs, 50% non-SMEs

Cap: · Project-based

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Infocomm Media Development Authority

### Digital Leaders Programme (DLP)

Build in-house digital and AI capabilities for digitally mature local firms with GenAI support.

Max Support: · 70%

Cap: · Multi-year

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Infocomm Media Development Authority

### Enterprise Compute Initiative (ECI)

Cloud credits plus consulting support for GenAI pilot projects. Companies co-pay 30% of consulting.

Max Support: · 70%

Cap: · S$555k total support

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IMDA + Google Cloud

### AI Trailblazers (IMDA + Google Cloud)

Government-industry collaboration to help organizations build practical GenAI solutions.

Max Support: · Co-funding

Cap: · Programme-based

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Infocomm Media Development Authority

### IMDA GenAI Sandbox for SMEs

National GenAI sandbox for SMEs to safely experiment with GenAI technologies.

Max Support: · Sandbox access

Cap: · Programme-based

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AI Singapore

### AI Singapore – 100E (100 Experiments)

6-month AI MVP development with dedicated AISG engineers and apprentices.

Max Support: · Co-funding

Cap: · S$150k per MVP

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A*STAR / AI Singapore

### A*STAR / AI Singapore – T-Up

Secondment of researchers and engineers to SMEs for technology capability upgrading.

Max Support: · 70% SMEs

Cap: · S$250k per project

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Infocomm Media Development Authority

### Open Innovation Platform (OIP)

Crowdsourcing platform connecting Problem Owners with Problem Solvers for collaborative innovation.

Max Support: · Prize-based funding

Cap: · >S$550k total

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## Frequently Asked Questions

The Productivity Solutions Grant (PSG) supports Singapore SMEs in adopting pre-approved IT solutions including CRM, ERP, HRMS, and e-invoicing. It provides up to 50% PSG support, capped at $30,000 per company annually. Businesses must have at least 30% local shareholding to qualify.

To be eligible for PSG, your company must be registered and operating in Singapore, have at least 30% local shareholding, and purchase from a pre-approved PSG vendor. The project must not have commenced before approval.

The Enterprise Development Grant (EDG) supports companies in upgrading, innovating, and growing. It provides up to 50% support for SMEs (up to 70% for sustainability projects) and covers capability development, innovation, and market access projects.

Most Singapore government grants are applied through the Business Grants Portal (BGP) at businessgrants.gov.sg. You'll need your CorpPass to login, prepare necessary documents including ACRA Bizfile and project quotations, and submit before starting your project.

Singapore offers several AI-focused grants including the Enterprise Compute Initiative (ECI) providing up to $555k for GenAI pilots, AI Trailblazers programme by IMDA and Google Cloud, IMDA GenAI Sandbox for SMEs, AI Singapore 100E for AI MVP development, and the Digital Leaders Programme (DLP) for building in-house AI capabilities.

Yes, some grants can be stacked. The SkillsFuture Enterprise Credit (SFEC) provides a one-off $10,000 credit that can be combined with other grants. However, you cannot claim funding for the same cost item from multiple grants. Always check specific grant terms for stacking eligibility.

Where Volty fits

## For businesses that answer customers on WhatsApp

Volty is Voltade's WhatsApp AI agent builder. A business trains its own agent on its SOPs, products and brand voice, and the agent answers enquiries on the business's own WhatsApp number, then takes the booking, logs the order or updates the record in the tools the business already runs. Volty starts at S$199 a month on the Plus plan, with unlimited seats. Volty is sold under Voltade AI Solutions, a PSG Pre-Approved Solution, so eligible Singapore SMEs can receive up to 50% PSG support on it. Talk to Volty to start a 7-day trial: Volty interviews your team and drafts its own instructions, and you read them before anything is live.

Talk to Volty

## Links

- [Read More](https://voltade.com/sg/grants/psg-grant)
- [Read More](https://voltade.com/sg/grants/edg-grant)
- [Read More](https://voltade.com/sg/grants/mra-grant)
- [Read More](https://voltade.com/sg/grants/ctc-grant)
- [Read More](https://voltade.com/sg/grants/sfec-grant)
- [Read More](https://voltade.com/sg/grants/eeg-grant)
- [Read More](https://voltade.com/sg/grants/e2f-grant)
- [Read More](https://voltade.com/sg/grants/psg-jr-grant)
- [Read More](https://voltade.com/sg/grants/ccp-grant)
- [Read More](https://voltade.com/sg/grants/bif-grant)
- [Read More](https://voltade.com/sg/grants/dlp-grant)
- [Read More](https://voltade.com/sg/grants/eci-grant)
- [Read More](https://voltade.com/sg/grants/ai-trailblazers)
- [Read More](https://voltade.com/sg/grants/genai-sandbox)
- [Read More](https://voltade.com/sg/grants/ai-singapore-100e)
- [Read More](https://voltade.com/sg/grants/t-up-grant)
- [Read More](https://voltade.com/sg/grants/open-innovation)
