Enterprise Development Grant (EDG)
Under the Supplementary Resilience Budget 2020, the EDG support level is now raised to 80% and companies severely impacted by COVID-19 can obtain up to 90% grant support.
Unionised enterprises and e2i partners under the Labour Movement are also eligible to receive an additional 10% funding support, subject to NTUC e2i’s assessment.
This enhanced grant is available till December 2020 to help local companies grow and transform by funding qualifying project costs, including third party consultancy fees, software and equipment, and internal manpower cost.
Transform your business now and defray your development cost from up to 90% with EDG.
HOW WE CAN HELP
In today’s world, digitisation is a must to retain your competitor edge. Business leaders should leverage on the right business application solution to improve operational excellence and boost customer satisfaction. Even as Singapore prepares for recovery upturn, businesses should continue to make full use of this downtime to digitise and transform – There has not been a better time to transform than now.
At Stone Forest IT, we help SMEs enhance business agility through leading Business Applications solutions from Sage and Microsoft. Our product expertise include Sage 300, Microsoft Dynamics Business Central, and Dynamics 365 CRM. In our extensive years of experience, our consultants have successfully helped businesses across industries to apply for the EDG grant under the Innovation and Productivity pillar.
Our value-based approach supports your grant application by building the business case for your project investment. We are able to identify the organisation’s pain points and effectively translate how the project delivers tangible ROI and value.
We help you increase PRODUCTIVITY by allowing you to:
Automate & streamline processes, eliminating unnecessary time, effort & human errors
Connect people, processes & data across multiple departments for a unified view of the business & customer
Run your business anywhere anytime, track KPIs & uncover hidden opportunities or issues
We help you INNOVATE by allowing you to:
Extract real-time data for performance analysis & reporting including a customisable dashboard for key business metrics
Correlate financial & operational data for business forecasting & planning
Ensure security, compliance & data availability so you can focus on more strategic business issues
To qualify for the EDG, your business needs 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 are assessed by Enterprise Singapore based on project scope, project outcomes and competency of service provider.