Singapore consolidates flagship SME grants into unified EDGE program

Implementation of this unified funding framework is scheduled for H2 2026.

Singapore will introduce a new unified grant called EDGE in the second half of 2026 to streamline the application process for small to medium-sized enterprises (SMEs).

Announced by Deputy Prime Minister Gan Kim Yong, the grant will merge three existing flagship programs, including the Market Readiness Assistance (MRA), the Productivity Solutions Grant (PSG), and the Enterprise Development Grant (EDG).

The grant will support up to $100,000 per year for eligible activities, with support levels for venturing abroad increasing from 50% to 70% for SMEs, and from 30% to 50% for non-SMEs.

The government will also remove the new market criteria for the MRA component, allowing businesses to use the funds to deepen their presence in existing international markets.

Furthermore, the expenditure cap for automatic Double Tax Deduction for Internationalisation (DTDi) will rise from $150,000 to $400,000.

Regarding sustainability, the Enterprise Financing Scheme-Green will be extended for five years to facilitate long-term access to financing for green economy capabilities.

Regulatory efficiency will also be prioritised, with the SME Pro-Enterprise Office targeting a 30-working-day standard for applications; currently, 80% of applications meet this timeline.

Companies requiring customised support for larger-scale projects can still apply for additional funding through Enterprise Singapore.