We help Singapore enterprises to tap on Enterprise Development Grant (EDG) to run management consultancy projects to strengthen their foundations, adopt technology and innovative processes, and grow their overseas presence. The potential projects can be under one of the three areas:
1. Core Capabilities
Projects under Core Capabilities help businesses to prepare for growth and transformation by strengthening their business foundations. These should go beyond basic functions such as sales and accounting.
- Business Strategy Development
- Financial Management
- Human Capital Development
- Service Excellence
- Strategic Brand and Marketing Development
2. Innovation and Productivity
Projects under Innovation and Productivity support companies to explore new areas of growth, or look for ways to enhance efficiency. These could include reviewing and redesigning workflow and processes. Companies could also tap into automation and technologies to make routine tasks more efficient.
- Automation
- Process Redesign
- Product Development
3. Market Access
Projects under Market Access support Singapore companies that are willing and ready to venture overseas. You may tap into the EDG to help defray some of the costs of expanding into overseas markets.
- Merger & Acquisition (M&A)
- Pilot Project and Test Bedding
- Standards Adoption
The EDG grant funds up to 70% of qualifying project costs namely third party consultancy fees, software and equipment, and internal manpower cost.
To qualify for the EDG, you need to:
- Be registered and operating in Singapore
- Have a minimum of 30% local shareholding
- Be in a financially viable position to start and complete the project
Applications will be assessed by Enterprise Singapore based on project scope, project outcomes and competency of the service provider.
We also help business owners get their businesses IPO-Ready through Business Excellence Framework in 7 areas namely: Leadership, Customers, People, Processes, Strategy, knowledge, and Results.
With more than thirty years of business experience, we know how to make your company IPO-ready to have the highest standard and competency for future expansion and growth both vertically and horizontally. To pursue excellence in all areas of your business, we help to assess your business to have a business health check to find out if there is any area where potential problems may lie. Using Business Excellence framework, we help you to improve your management systems for better organization performance.