What is EDGE Grant?
The new EDGE grant is a consolidated support scheme announced as part of Budget 2026. Rather than SMEs figuring out which grant to apply for their project, Enterprise Singapore is merging three existing grants – Enterprise Development Grant (EDG), Productivity Solutions Grant (PSG), and Market Readiness Assistance (MRA), into a single application framework.
The intent behind the merger is simplification. Today, a company is pursuing a growth initiative, say, implementing a new Enterprise Resource Planning (ERP) system to unify finance, inventory, and operations into one single source of truth, while also preparing to enter a regional market. That company might technically need to draw from two or three separate grants, each with its own rules, categories, and paperwork. EDGE is designed to remove that complication by putting business transformation, productivity adoption, and market expansion support under one roof.
There are two things worth noting:
- The launch is set for the second half of 2026 (H2 2026). Enterprise Singapore has not yet released the finer details such as funding percentages, eligible project categories, or documentation requirements.
- EDGE will be open to all businesses, not only SMEs. This marks a shift from the current grants, which are largely SME-focused, suggesting the new scheme may take a broader view of who qualifies for support.
Are EDG, PSG and MRA still available?
Yes. This is the most important practical point for any business currently planning a project.
Enterprise Singapore has been explicit that EDG, PSG, and MRA remain open and fully accessible via the Business Grants Portal until EDGE officially launches. Nothing changes for now. Companies can still submit new applications under the existing criteria, with the existing funding caps, and using the existing consultant certification requirements.
A few specifics worth knowing about the current schemes:
- EDG supports growth and transformation projects across three pillars – Core Capabilities, Innovation and Productivity, and Market Access. It currently funds up to 50% of qualifying costs for SMEs. Larger-scale digital transformation projects, including custom or complex ERP implementations tied to a broader business case, generally fall under this grant.
- PSG supports the adoption of pre-approved productivity solutions and equipment, and is typically the more accessible route for SMEs implementing off-the-shelf, pre-qualified ERP or business management software. AFON has two pre-approved solutions: Microsoft Business Central and SAP Business One.
- MRA supports overseas market entry activities, and has actually just been enhanced – SMEs can now receive up to 70% support (from 1 April 2026), capped at S$100,000 per company per new market.
What Enterprise Singapore has not yet confirmed is the exact date these grants will stop accepting new applications, or whether there will be a transition or overlap period once EDGE goes live. Given that we are already in H2 2026, businesses shouldn't assume there's indefinite runway to apply under the current rules. You may find out more about the current grants here.
What should Singapore SMEs do next?
Given the uncertainty around EDGE's finer details, the sensible approach depends on how ready your project actually is.
If your project is already well-scoped and your team is aligned, there's a strong case for applying now under EDG or PSG rather than waiting. The rules for these grants are known, published, and predictable – funding percentages, eligible activities, documentation, and consultant or vendor requirements are all clear today. That certainty disappears the moment you wait for a scheme whose operating guide hasn't been released.
If your project is still in early planning, use this window to get organised rather than sitting idle. A few concrete steps, using an ERP implementation as an example:
- Clarify the business case. Be specific about what problem the system solves — disconnected finance and inventory data, manual reporting delays, poor visibility across departments, or an inability to scale operations as the business grows.
- Frame the project around outcomes, not just software. Grant evaluators look for measurable business impact, not simply a new system going live. Tie the project to goals like reduced processing time, improved data accuracy, or better decision-making across teams.
- Start gathering documentation early. Current applications typically require ACRA information, financial statements, vendor or consultant proposals, a clear implementation scope, and proof of relevant certification where applicable. Projects that have already started before approval are generally not eligible.
- Work with a certified consultant or accredited vendor like AFON. Under EDG, consultants need SAC-accredited certification (TR 43 or SS 680) for consultancy-based projects, while PSG requires using a pre-approved solution and vendor listed on the Business Grants Portal. It's reasonable to expect that vendor and consultant quality will remain important under EDGE too, even if the exact requirements haven't been confirmed.
- Keep an eye on Enterprise Singapore's official channels. The Budget 2026 page and the current grant pages remain the most reliable sources for updates as EDGE approaches launch.
In summary, EDGE is a meaningful shift in how Singapore structures its SME support, but it isn't a reason to pause. The current grants are still active, still funded, and still the more predictable option for businesses ready to implement a new ERP system or other transformation project now.
