Top 10 EDG Grant Consultancies in Singapore To Help You Start Your Business

In Singapore’s competitive business landscape, the Enterprise Development Grant (EDG) offers a strategic advantage, and working with the right EDG Grant Consultancies in Singapore can be key to maximizing its benefits.

Studies show that SMEs working with EDG grant consultancies see cost savings of up to 30% on project implementation. Moreover, companies that implement EDG-funded productivity projects report an average 25% increase in productivity.

This blog explores EDG grants, eligibility, and the crucial role of EDG grant consultants in helping your business thrive. Get ready to unlock your business’s potential and embark on a transformative journey toward success with EDG grants, and discover the top EDG Grant Consultancies in Singapore that can guide you.

What is an EDG Grant?

The Enterprise Development Grant (EDG) is a financial assistance program offered by Enterprise Singapore (ESG) to support businesses in Singapore. This grant is designed to aid in growth, transformation, and global expansion.

Purpose and Goals of the EDG:

Understanding the goals of the EDG is the first step, and partnering with EDG Grant Consultancies in Singapore can streamline the process. This initiative aims to:

• Support Business Growth: The grant helps companies upgrade their business capabilities, innovate, and expand into international markets.
• Enhance Core Capabilities: It focuses on strengthening foundational business functions.
• Promote Innovation and Productivity: The EDG encourages companies to explore new growth areas and improve operational efficiency.
• Facilitate Market Access: The grant aids businesses in venturing into overseas markets.

Eligibility for the EDG:

To determine your eligibility and navigate the application process effectively, consider collaborating with EDG Grant Consultancies in Singapore. According to Singapore’s government, to qualify for the EDG, businesses must meet the following criteria:

• Be a Singapore-registered company with a minimum of 30% local shareholding.
• Be classified as a small and medium-sized enterprise (SME) or a non-SME.
• Demonstrate financial viability to initiate and complete the proposed project.

The grant typically covers up to 50% of qualifying project costs for SMEs, while sustainability-related projects may receive up to 70% funding until March 31, 2026. Non-SMEs can receive up to 30% support. 

While these criteria provide a basic overview, consulting with EDG Grant Consultancies in Singapore can offer more specific guidance on applying for government grants in Singapore for startups.

What do EDG Grant Consultants’s Do?

EDG Grant Consultancies in Singapore play a crucial role in assisting businesses with the Enterprise Development Grant (EDG) application process. Their expertise helps companies understand and comply with the grant requirements. Engaging an EDG Grant Consultant can be a strategic move for businesses seeking to leverage government funding.

Role and Responsibilities of EDG Grant Consultants

EDG Grant Consultancies in Singapore offer a range of services to help businesses navigate the EDG application process:

• Eligibility Assessment: Consultants evaluate whether a business’s project qualifies for the EDG Grant.
• Application Strategy: They help formulate a tailored approach for the grant application.
• Documentation Preparation: Consultants assist in preparing the necessary documentation and project proposals.
• Submission Guidance: They provide support throughout the submission process, ensuring compliance with all requirements.

How They Assist Businesses

EDG Grant Consultancies in Singapore provide a variety of services to help businesses through the EDG process.

• Expert Knowledge: EDG consultants possess in-depth knowledge of the grant’s guidelines and requirements.
• Time Efficiency: Consultants save businesses valuable time and resources by handling the application process.
• Ongoing Support: Many consultants offer continued support post-application.

Value They Bring to the Table

Working with EDG Grant Consultancies in Singapore can provide significant benefits for businesses:

• Increased Success Rate: With their expertise, EDG consultants can enhance the likelihood of securing grant funding.
• Cost Savings: Consultants help businesses reduce project costs by maximizing grant subsidies.
• Strategic Insights: Many consultants provide strategic advice on business transformation initiatives.

Benefits of Engaging an EDG Grant Consultancy

Engaging EDG Grant Consultancies in Singapore offers several advantages for businesses seeking EDG funding.

Increased Chances of Grant Approval

The expertise of an EDG Grant Consultancy can significantly increase your chances of approval. Consultants create customized applications tailored to the EDG criteria and have a proven track record of successful applications.

Expertise in Grant Application Requirements

EDG consultants possess in-depth knowledge of the grant application requirements, including the latest guidelines and documentation needs. This expertise allows them to advise businesses on how to present their projects effectively, ensuring applications are comprehensive and compliant.

Time-Saving and Efficient Process

Consultants manage the entire application process, allowing business owners to focus on their core operations. They can also expedite the preparation and submission process.

Access to Valuable Resources and Networks

EDG consultants often have established relationships with other professionals and organizations. This provides businesses with access to additional resources, such as funding opportunities, training programs, and industry insights. Consultants also often offer post-application support.

Top 10 EDG Grant Consultants in Singapore

To assist you in your search, we’ve compiled a list of the top 10 EDG Grant Consultancies in Singapore:

1. NCODE Consultant

NCODE Consultant is a leading EDG Grant Consultancy in Singapore, specializing in assisting small and medium-sized enterprises (SMEs) with their grant applications. If you’re looking for EDG Grant Consultancies in Singapore with a strong focus on digital transformation, NCODE Consultant is a great option.

Services Offered

NCODE Consultant offers a range of services, including:

• Preparation and Submission of Grant Applications: NCODE assists clients in crafting comprehensive grant proposals; manages the entire application process.
• Project Management: Offers project management services; helps clients maintain compliance with grant conditions.
• Digital Transformation Consulting: Provides expert advice on digital solutions and technologies; guides businesses in identifying suitable digital transformation initiatives.

Value Proposition

• Increased Subsidy Rates: NCODE has achieved an average subsidy rate of up to 80% for their clients.
• Comprehensive Support: Their approach includes ongoing assistance throughout the application and approval process.
• Tailored Solutions: NCODE customizes its consulting services to align with each client’s unique business needs and objectives.

2. Real Inbound Consulting

Real Inbound Consulting is an EDG Grant Consultant in Singapore that offers comprehensive end-to-end grant consultancy and management services.

Services Offered

Real Inbound Consulting provides a range of services, including:

• Application Preparation: Conducts thorough research to recommend suitable grants; assists in building detailed project proposals and financial forecasts.
• Application Evaluation Support: Provides guidance in preparing responses to queries from grant evaluators; supports follow-ups on application revisions.
• Grant Offer Management: Advises clients on key terms and deliverables to ensure compliance with the grant conditions; assists with the acceptance process of the grant offer letter.
• Project Execution Support: Helps manage the execution of projects funded by grants.
• Claims and Reimbursements: Manages the entire claims process.

Value Proposition

• Success-Only Fee Structure: Operates on a success-only model, charging fees only if the application is successful.
• Time Efficiency: Expertise allows for quicker approvals and optimal funding outcomes.
• Diverse Industry Experience: Has successfully handled projects across various industries.

3. Lit Strategy

Lit Strategy is an EDG Grant Consultant in Singapore that provides market insights and strategic planning services specifically tailored for clients applying for the Enterprise Development Grant (EDG).

Services Offered

Lit Strategy offers a range of services, including:

• Grant Application Assistance: Aids clients in preparing and submitting their EDG applications.
• Combining EDG with SkillsFuture Enterprise Credit (SFEC): Helps businesses understand how to combine EDG funding with SFEC to reduce project costs.
• Project Feasibility Studies: Conducts feasibility studies to evaluate the potential success of proposed projects; assists in identifying key performance indicators (KPIs).
  Ongoing Support and Consultation: Provides continuous support throughout the project lifecycle.

Value Proposition

• Expertise in Grant Requirements: Consultants possess deep knowledge of the EDG application process and its requirements.
• Cost-Effective Solutions: Helps businesses achieve substantial cost savings on projects by effectively combining EDG with SFEC.
• Holistic Approach: Focuses on both strategic planning and practical implementation to ensure that clients secure funding and execute successful projects.

4. Brand Courage

Brand Courage is an EDG Grant Consultant in Singapore focused on branding and marketing capabilities.

Services Offered

Brand Courage offers a range of services, including:

• Grant Application Support: Assists businesses in preparing and submitting applications for the EDG.
• Brand Development: Offers strategic branding services.
• Market Readiness Assistance: Supports companies in overseas marketing and public relations activities.
• Consultancy Services: Provides consultancy for capability upgrading projects.

Value Proposition

• Expertise in Government Grants: Brand Courage brings valuable insights and knowledge to the table.
• Comprehensive Approach: Their services extend beyond grant applications to include brand strategy and market readiness.
• Client-Centric Focus: They prioritize understanding client needs and aligning strategies with their business goals.

5. KCG Consulting

KCG Consulting is an EDG Grant Consultant in Singapore that provides specialized management consulting services with a focus on assisting businesses in navigating the Enterprise Development Grant (EDG) application process.

Services Offered

KCG Consulting offers a range of services, including:

• EDG Grant Application Support: Assists clients in preparing and submitting applications for the EDG.
• Compliance Assurance: Ensures that all applications adhere to Enterprise Singapore’s certification requirements; guides businesses in selecting the right management consultants and specialists.
• Business Process Improvement: Conducts thorough assessments of existing business processes to identify areas for improvement and efficiency gains.
• Project Management Support: Provides ongoing project management services to ensure that grant-funded projects are executed effectively.

Value Proposition

• High Success Rate: Has helped numerous SMEs secure funding through the EDG.
• Holistic Approach: Services encompass both grant application support and business process improvement.
• Expertise in Digital Transformation: Focuses on helping businesses adopt new technologies and processes that facilitate growth and innovation.

6. Real Inbound Consulting

Real Inbound Consulting is an EDG Grant Consultant in Singapore that offers comprehensive support to businesses applying for grants. With their end-to-end support and success-only fee structure, Real Inbound Consulting stands out among EDG Grant Consultancies in Singapore.

Services Offered

Real Inbound Consulting provides a range of services, including:

• Application Preparation: Research and recommend suitable grants; build project proposals and financial forecasts; submit applications.
• Application Evaluation Support: Assist in responding to queries from grant evaluators; help with application revisions.
• Grant Offer Management: Advise on key terms and conditions of the grant offer; guide clients through the acceptance process.
• Project Execution Support: Manage documentation compliance; assist with project amendment requests.
• Final Claims Preparation: Support in preparing completion reports and necessary paperwork for claims submission.
• Claims Evaluation Facilitation: Engage with external auditors and grant officers to ensure smooth reimbursement processes.

Value Proposition

• Success-Only Fee Structure: They charge fees only if the application is successful.
• Time Efficiency: Their expertise allows for quicker approvals and optimal funding outcomes.
• Industry Knowledge: The team consists of TUV SUD certified management consultants with extensive experience across various industries.

7. Grant Consultants Singapore

Grant Consultants Singapore is a team of professionals specializing in various government grants, including the Enterprise Development Grant (EDG).

Services Offered

Grant Consultants Singapore offers a range of services, including:

• Eligibility Assessment: Conducts thorough assessments to determine whether a business’s project qualifies for the EDG.
• Application Preparation and Submission: Assists clients in preparing detailed grant applications; manages the entire submission process.
• Project Feasibility Analysis: Evaluates the feasibility of proposed projects; assists in identifying key performance indicators (KPIs).
• Ongoing Support and Consultation: Offers ongoing consultation throughout the project lifecycle.

Value Proposition

• Comprehensive Consultancy Services: Provides a full suite of services, from eligibility assessment to application submission and ongoing support.
• Expertise in Government Grants: Has developed a deep understanding of the requirements and processes involved in various government grants.
• Client-Centric Approach: Prioritizes understanding each client’s unique needs and tailoring solutions accordingly.

8. Growth Catalyst

Growth Catalyst is an EDG Grant Consultant in Singapore that specializes in helping businesses leverage the Enterprise Development Grant for growth and transformation.

Services Offered

Growth Catalyst offers a range of services, including:

• Business Strategy Development: Helps businesses refine their core strategies; provides tailored solutions to identify target markets.
  Project Proposal Preparation: Assists in crafting detailed project proposals; guides businesses through the necessary documentation.
• Implementation Support: Offers step-by-step guidance during the implementation phase of projects; ensures alignment among management teams.
• Performance Management: Helps design performance management frameworks; provides tools for cash flow assessment.
• Scaling Up Framework: Implements the Scaling Up framework focusing on key decisions regarding people, strategy, execution, and cash management.

Value Proposition

• Customized Roadmap: Growth Catalyst provides a three-month roadmap tailored to each business.
• Expert Guidance: Their team consists of certified Scaling Up coaches and registered management consultants.
• Free Initial Assessment: They offer a complimentary Scaling Up business assessment.

9. Vinova

Vinova is an EDG Grant Consultant in Singapore dedicated to helping companies navigate the complexities of the Enterprise Development Grant (EDG) application process.

Services Offered

Vinova offers a range of services, including:

• Tailored Consulting Services: Provides personalized consulting services that guide clients through every step of the EDG application process.
• Application Preparation and Submission: Assists in preparing detailed grant applications, including project proposals and necessary documentation.
• Project Strategy Development: Helps clients develop effective strategies for their projects, ensuring that they align with the EDG’s focus areas.
• Ongoing Support Throughout the Process: Offers continuous support during the application process, including responding to queries from grant evaluators and assisting with any necessary revisions.

Value Proposition

• High Success Rate: Has a strong track record in helping clients secure EDG funding.
• Comprehensive Support: End-to-end consulting services cover everything from initial assessments to final claims.
• Access to Expertise: Businesses gain access to a network of certified consultants who provide valuable insights and guidance.

10. Creativeans

Creativeans is an EDG Grant Consultant in Singapore that specializes in helping businesses leverage the EDG to enhance their branding and market presence.

Services Offered

Creativeans offers a range of services, including:

• Grant Application Support: Assists businesses in preparing and submitting applications for the EDG.
• Brand Development: Offers strategic branding services; focuses on packaging design and branding strategies for international markets.
• Market Readiness Assistance: Supports companies in overseas marketing and public relations activities.
• Consultancy Services: Provides consultancy for capability upgrading projects.

Value Proposition

• Expertise in Government Grants: Creativeans brings valuable insights and knowledge to the table.
  Comprehensive Approach: Their services extend beyond grant applications to include brand strategy and market readiness.
• Client-Centric Focus: They prioritize understanding client needs and aligning strategies with their business goals.

FAQs

What is the maximum funding amount I can receive from the EDG grant?

The EDG grant typically covers up to 50% of qualifying project costs for SMEs, while sustainability-related projects may receive up to 70% funding until March 31, 2026. Non-SMEs can receive up to 30% support.

How can an EDG grant consultant help me?

EDG grant consultants, especially those from reputable EDG Grant Consultancies in Singapore, specialize in helping businesses navigate the grant application process. The expertise of an EDG Grant Consultancy can significantly increase your chances of approval. 

How to Choose the Right EDG Grant Consultancy for Your Business?

Choosing the right EDG Grant Consultancy in Singapore is crucial for maximizing your chances of success. It’s also important to find a consultant who understands your business needs and can provide tailored guidance.

What are some common mistakes businesses make when applying for the EDG grant?

Working with EDG Grant Consultancies in Singapore can help you avoid common mistakes that businesses make when applying for the EDG grant.

Conclusion

The Enterprise Development Grant (EDG) presents a valuable opportunity for businesses in Singapore seeking growth and transformation, and partnering with EDG Grant Consultancies in Singapore can significantly increase your chances of success. 

According to our research, here are the summaries of the top 10 best performing EDG consultancies for you to refer:

Consultancy	Expertise	Services Offered	Value Proposition
NCODE Consultant	Digital Transformation	Grant application preparation and submission, project management, digital transformation consulting	High subsidy rates (up to 80%), comprehensive support, tailored solutions
Real Inbound Consulting	End-to-end grant consultancy and management	Grant application preparation, evaluation support, offer management, project execution support, claims and reimbursements	Success-only fee structure, time efficiency, diverse industry experience
Lit Strategy	Market insights and strategic planning	Grant application assistance, combining EDG with SFEC, project feasibility studies, ongoing support and consultation	Expertise in grant requirements, cost-effective solutions, holistic approach
Brand Courage	Branding and marketing capabilities	Grant application support, brand development, market readiness assistance, consultancy services	Expertise in government grants, comprehensive approach, client-centric focus
KCG Consulting	Specialized management consulting	EDG grant application support, compliance assurance, business process improvement, project management support	High success rate, holistic approach, expertise in digital transformation
Vinova	EDG grant application process	Tailored consulting services, application preparation and submission, project strategy development, ongoing support	High success rate, comprehensive support, access to expertise
Creativeans	Branding and market presence	Grant application support, brand development, market readiness assistance, consultancy services	Expertise in government grants, comprehensive approach, client-centric focus
Grant Consultants Singapore	Government grants	Eligibility assessment, application preparation and submission, project feasibility analysis, ongoing support and consultation	Comprehensive consultancy services, expertise in government grants, client-centric approach
Growth Catalyst	Business growth and transformation	Business strategy development, project proposal preparation, implementation support, performance management, scaling up framework	Customized roadmap, expert guidance, free initial assessment

Don’t let the complexities of the EDG application process hinder your growth ambitions; seek expert guidance from EDG Grant Consultancies in Singapore to unlock your business’s full potential.

Take the first step towards securing your EDG grant today and contact Vinova, one of the leading EDG Grant Consultancies in Singapore, for expert guidance and support. Our team of experienced consultants will help you unlock the full potential of your business and achieve your growth objectives.