How the Enterprise Development Grant
Will Help Your Business
First, let’s find out who’s
eligible for the EDG Grant.
Enterprise Singapore’s (ESG) Enterprise Development Grant (EDG) is specifically tailored to benefit Small and Medium Enterprises (SMEs).
As the owner of an SME looking to apply, you should fulfil the preliminary requirements for the EDG Grant:
- Your business is registered and operating in Singapore
- There’s a minimum of 30% local shareholding
- You are in a financially viable position to see to the project’s start and completion.
Having the right mindset is integral; from the stages of preparation to the project’s completion. Your intention matters. Keep sight of the goal you envision, and we’ll walk by your side till you get there.
Enterprise Development Grant
What is the EDG Grant?
Up until October 2018, the EDG was called the Capability Development Grant. (Look, even nation-wide funding entities need upgrades and brand refreshments.)
As to what sort of upgrades your business can achieve, the EDG outlines 3 pillars:
- Core Capabilities
- Innovation and Productivity
- Market Access
Your proposed project should fall into 1 of them – so take a moment to assess what your business needs help at. If it’s about branding and marketing, come talk to us.
How the EDG Grant Helps
The EDG Grant is a stepping-stone to refine and grow your SME.
The grant commonly funds qualifying costs such as third-party consultancy fees, software and equipment, and internal manpower costs.
The EDG Grant could subsidise up to 70% of your project cost.
A project under the EDG Grant will take months or even a year. In other words, securing the grant provides you with the added freedom and ability to focus on internal restructuring and development without compromising external B2B or B2C priorities.
Here’s where we come in:
WE MAKE YOUR BRAND
LOOK DAM GOOD.
Having an Enterprise Singapore-recognised consultant is pertinent to the EDG project.
STUDIO DAM is an ESG Certified branding design consultancy, experienced in helping brands under the EDG Grant, reach their business goals through efficient and timeless design.
Our field of expertise falls under the EDG pillar of Strategic Brand and Marketing Development, a sub-category under the main Core Capabilities delineation.
How STUDIO DAM Will Help
We’re building strong brands, every day.
Have a glance at the work we’ve done and the kinds of work we can do.
A strong brand strategy gives you the structure for your business to root itself as one-of-a-kind, not one out of many. This brings about a community of willing customers that engages with your brand, again and again.
Arrange a free consultation to discuss EDG Grants with absolutely no obligations.
PROCESS + EDG GRANT
We don’t do cookie-cutter formulas.
We believe that branding design and marketing involves a metric-based customised plan of strategies that meet your business where it is today and elevate it to tomorrow’s level.
When presented with a problem or a brief, the STUDIO DAM team gathers our various strengths to create and work towards a series of objectives all aligned to meet your business goals.
All it takes is a single conversation to get the ball rolling.
Arrange an hours’ worth free consultation to discuss EDG Grants with us today!