Rising costs, stiff competition, changing trade rules, and manpower pressures are squeezing margins and making growth tougher for many Singapore SMEs.
Fortunately, government-backed grants exist to help you stay resilient, fund strategic initiatives, and seize growth opportunities amid these challenges.
Starting with 10 key grant funding schemes for 2025, we share the most essential information on funding support, eligibility, along with some practical tips to help you navigate the business grants landscape in Singapore.
Meeting the Basic Eligibility Criteria
Before you continue, your business must meet these basic criteria to qualify for the grants we’re sharing:
At least 30% local shareholding
Annual sales turnover of S$100 million or less, or
200 employees (or fewer)
Congratulations! Read on to uncover which ones could give your business a growth boost.
💡 Not sure if you qualify? Reach our to us for direct assistance.
Maximizing your Growth with Government Grants
Unlike loans, grants are non-repayable funds that provide you direct financial support without adding debt. They act as a strategic lever, helping your business pursue growth initiatives, including:
Upgrading or digitalizing operations
Hiring, training, or reskilling employees
Expanding into overseas markets
Investing in sustainability and energy efficiency
By aligning grant applications with these priorities, you can plan projects more effectively and maximize available support. Grants target forward-looking, growth-oriented initiatives, and applying early gives you the flexibility to plan strategically.
10 Key Grants You Can’t Miss
With countless grants available, these 10 stand out as the most impactful and widely relevant for Singapore SMEs in 2025 – spanning across technology, workforce, market expansion, and sustainability.
Tech-related Grants
Digitalization is no longer optional – it’s the foundation for efficiency, competitiveness, and long-term growth in a digital-first economy.
Enterprise Development Grant (EDG) - Automation
Key Focus | Supports implementation of automation solutions to improve operational efficiency and productivity |
|---|---|
Best Suited For | SMEs looking to improve productivity and efficiency through technology and process automation |
Funding Amount | Up to 70% of qualifying costs |
Eligibility | Company is financially capable to start and complete the project |
2. Company Training Committee (CTC) Grant
Key Focus | Funding for in-house or external training to build digital, IT, and technology-related skills among employees |
Best Suited For | Companies upskilling staff in tech, digital tools, or IT processes |
Funding Amount | Up to 70% of qualifying costs |
Eligibility | Must have a Company Training Committee and a training plan linking skills development to improved business and worker outcomes |
Enterprise Development Grant (EDG) - New Product Development
Focus | Development of new products or services to grow market presence and competitiveness |
Best Suited For | SMEs creating new products to expand locally or internationally |
Funding Amount | Up to 70% of qualifying costs |
Eligibility | Project must be financially viable, not the company’s first product, and demonstrate meaningful technological innovation |
Productivity Solutions Grant (PSG)
Focus | Supports adoption of pre-approved IT solutions, software, and equipment to improve business processes and productivity |
|---|---|
Best Suited For | SMEs starting digitalisation or upgrading existing processes |
Funding Amount | Up to 50% of qualifying costs, capped at S$30,000 over three years |
Eligibility | Purchase, lease, or subscription of IT solutions/equipment must be used within Singapore |
Workforce-related Grants
People are the backbone of any SME. Workforce-related grants support talent attraction, training, and retention, so businesses can build future-ready teams.
