Singapore SME Grants, Schemes and Agencies: A Glossary

Part of the Five Stones knowledge base - 20 terms on Singapore SME grants, schemes and agencies, in plain English.

Part of the Five Stones knowledge base - 20 terms on Singapore SME grants, schemes and agencies, in plain English.

Part of the Five Stones knowledge base - 20 terms on singapore grants, schemes and agencies, in plain English.

• Enterprise Singapore (EnterpriseSG) - The Singapore government agency supporting SME growth, financing, innovation and international expansion.
• PSG (Productivity Solutions Grant) - Singapore's grant supporting SMEs adopting pre-approved digital solutions, historically covering up to 50% of qualifying costs.
• EDG (Enterprise Development Grant) - Singapore's grant for larger business transformation projects (strategy, innovation, internationalisation), typically supporting up to 50-70% of qualifying project costs.
• MRA (Market Readiness Assistance) Grant - Singapore's grant supporting SMEs expanding into overseas markets, covering costs like market research and business development.
• EDGE Grant - Singapore's newer, consolidated grant (replacing PSG, EDG and MRA) launching from the second half of 2026, letting businesses apply based on their specific intended activity.
• IMDA (Infocomm Media Development Authority) - The Singapore agency driving digital and infocomm technology adoption, including many SME digitalisation initiatives.
• SMEs Go Digital - A Singapore government programme helping SMEs adopt digital solutions appropriate to their sector and stage of growth.
• Startup SG - A family of Singapore government schemes supporting startups and early-stage businesses with funding, mentorship and networks.
• SkillsFuture - Singapore's national programme supporting continuous training and upskilling, including AI and digital skills, for the workforce.
• Business Grants Portal (BGP) - The single Singapore government platform through which most SME grant applications, including PSG and EDG, are submitted.
• Pre-approved solution (PSG) - A specific vendor and software package Enterprise Singapore has already vetted and approved for grant funding under a scheme like PSG.
• Qualifying cost - The specific expenses within a project that a grant scheme will actually count toward its funding support.
• Co-funding ratio - The percentage split between what a grant covers and what the business must pay itself, e.g. "50% funding support" means the business pays the other half.
• SPRING Singapore (legacy) - The former Singapore SME agency, since merged into Enterprise Singapore, occasionally still referenced in older documents.
• A*STAR - Singapore's national science and technology research agency, which also runs some SME-facing innovation and technology adoption programmes.
• Sector-specific transformation map (ITM) - Singapore government roadmaps outlining how specific industries (retail, F&B, logistics) are expected to digitalise and grow.
• SME Centre - Singapore-based advisory centres offering free business diagnosis and guidance on relevant grants and schemes.
• Corporate Service Provider - A licensed Singapore entity that can help a business with company secretarial, compliance and sometimes grant application support.
• GoBusiness Singapore - A Singapore government portal centralising licences, permits and some grant-related services for businesses.
• Sustainability grant / green initiative funding - Singapore grants specifically supporting SMEs adopting more energy-efficient or environmentally sustainable practices.

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