Singapore’s grant landscape for businesses is about to undergo its biggest transformation in years. In Budget 2026, Deputy Prime Minister Gan Kim Yong announced the consolidation of three flagship enterprise support schemes — the Enterprise Development Grant (EDG), the Productivity Solutions Grant (PSG), and the Market Readiness Assistance (MRA) grant — into a single, unified programme called EDGE.
Set to launch in the second half of 2026, EDGE promises to simplify the way Singapore businesses access government funding for growth, digitalisation, and international expansion. But what does this mean for business owners who are currently relying on these grants, or planning to apply?
This article breaks down everything you need to know about the transition from EDG, PSG, and MRA to the new EDGE grant — including what changes, what stays the same, and how your business can prepare.
What Are EDG, PSG, and MRA?
Before diving into the EDGE consolidation, it helps to understand the three grants being merged.
The Enterprise Development Grant (EDG) supports Singapore-registered companies undertaking projects to upgrade their business capabilities, innovate, or expand internationally. It covers areas such as business strategy development, financial management, and service excellence, with funding support of up to 50% of qualifying project costs for SMEs.
The Productivity Solutions Grant (PSG) helps businesses adopt pre-approved IT solutions, equipment, and consultancy services. It is particularly popular among small businesses looking to digitalise operations, with support of up to 50% of costs, capped at S$30,000 per year.
The Market Readiness Assistance (MRA) grant supports Singapore companies venturing overseas by co-funding activities such as market entry studies, business matching, and overseas marketing. Enhanced support of up to 70% for SMEs takes effect from 1 April 2026, with a cap of S$100,000 per company per new market.
Introducing EDGE: The Unified Grant
EDGE — which stands for Enterprise Development and Growth for Enterprises — will merge EDG, PSG, and MRA into a single streamlined scheme, administered by Enterprise Singapore.
The key objective is to reduce complexity. Currently, business owners often struggle to determine which grant applies to their needs, face different application processes for each scheme, and sometimes miss out on support because they applied to the wrong programme. EDGE is designed to create a single entry point for all enterprise support needs.
Key Features of EDGE
Based on what has been announced in Budget 2026, here are the main features of the new EDGE grant:
1. One application, multiple support types. Instead of applying separately for EDG, PSG, or MRA, businesses will be able to access funding for capability development, digitalisation, and internationalisation through a single EDGE application via the Business Grants Portal (BGP).
2. Open to all Singapore businesses. EDGE will be available not only to SMEs but to all Singapore-registered businesses, including non-SMEs. This is a broadening of access compared to some of the existing schemes.
3. Enhanced support for going overseas. Under EDGE, funding support for venturing abroad increases from 50% to 70% for SMEs, and from 30% to 50% for non-SMEs. The previous MRA requirement of targeting a “new” overseas market will also be removed — businesses can use the grant to deepen their presence in markets they are already in.
4. Up to S$100,000 per year. The EDGE grant will support up to S$100,000 per year for eligible activities. Companies requiring customised support for larger-scale projects can still apply for additional funding through Enterprise Singapore.
5. AI and digital solutions emphasis. The PSG component within EDGE is being expanded to support more AI-enabled and digital solutions, reflecting the government’s push for businesses to adopt smarter tools.
What Happens to Existing Grants?
If your company has already submitted or is planning to submit an EDG, PSG, or MRA application, there is no immediate cause for concern.
Transition Timeline
All three existing grants — EDG, PSG, and MRA — remain accessible until EDGE launches in the second half of 2026. Businesses can continue applying for these grants via the Business Grants Portal in the meantime.
Applications that have already been approved under the existing schemes will be honoured. If you are in the middle of an EDG or PSG project, your funding will not be affected by the transition.
However, once EDGE launches, the three legacy grants will be phased out. New applications after that point will be made under the EDGE framework.
Funding Support Levels: What Is Changing?
One of the most significant practical changes under EDGE is the adjustment to funding support levels.
Current Support Levels (Before EDGE)
Under the current regime, the standard EDG support level is 50% for SMEs. Enhanced sustainability-related projects were supported at up to 70%, but this enhancement expired at the end of March 2026.
The MRA grant supported up to 50% of costs until 31 March 2026, after which the enhanced rate of 70% for SMEs took effect.
PSG covers up to 50% of costs, capped at S$30,000 per year.
Under EDGE (From 2H 2026)
EDGE consolidates these into a more coherent framework. The key changes are the increased support for internationalisation activities (from 50% to 70% for SMEs) and the removal of the “new market” restriction for overseas activities. The digitalisation component continues at up to 50% of costs.
From 1 April 2026 to 6 October 2027, the Business Adaptation Grant is also available with enhanced support of up to 70% for SMEs and up to 50% for non-SMEs, providing additional transitional support during this period.
Eligibility Requirements
While full EDGE eligibility criteria will be confirmed closer to launch, based on the existing requirements for EDG, PSG, and MRA, businesses can expect the following general criteria:
Registration: The business must be registered and operating in Singapore.
Local equity: The business must have at least 30% local equity (for SME-tier support levels).
Financial readiness: The business must demonstrate financial readiness to start and complete the proposed project.
Apply before committing: A critical requirement that carries over from all three existing grants — businesses must apply before signing contracts or making payments for the project. Applications submitted after commitments have been made will not be eligible.
For companies in the process of incorporating a new business in Singapore, it is worth noting these eligibility requirements early so you can plan your grant application alongside your compliance setup.
How to Prepare Your Business for EDGE
With EDGE launching in the second half of 2026, here are the practical steps businesses should take now:
1. Assess your current needs. Determine whether your business needs support for capability building, digitalisation, or international expansion. Under EDGE, you will be able to combine these in a single application rather than applying separately.
2. Apply for existing grants now if urgent. If you have an immediate project that qualifies under EDG, PSG, or MRA, consider applying now before the transition. The existing grants remain available and there is no disadvantage to applying under the current framework.
3. Ensure your company is compliant. Grant eligibility typically requires that your company is in good standing with ACRA and IRAS. Ensure your annual returns are filed, your financial reporting is up to date, and there are no outstanding tax obligations.
4. Do not commit to vendors or contractors before applying. This remains one of the most common mistakes businesses make with government grants. Always submit your grant application and receive approval before signing any contracts or making payments.
5. Engage a corporate services provider. Navigating grant applications can be complex, particularly when dealing with eligibility assessments, project scoping, and compliance documentation. A qualified corporate services firm can help streamline the process and improve your chances of approval.
Other Budget 2026 Grant Updates Worth Noting
Beyond EDGE, Budget 2026 introduced several other enterprise support measures that Singapore business owners should be aware of:
The SkillsFuture Enterprise Credit continues to support businesses investing in workforce transformation. Companies that are well-governed and actively developing their employees can benefit from this credit to offset training costs.
The Jobs Growth Incentive and related employment support schemes remain available to encourage businesses to hire local talent — a factor that also affects work pass applications and the COMPASS framework for Employment Pass holders.
For the latest information on all available grants, business owners should monitor the Enterprise Singapore website and the Budget 2026 announcements.
Also, be sure to check out our article on the new rules for striking off and restoring companies under the Corporate and Accounting Laws (Amendment) Act 2025, which is also relevant for business owners navigating Singapore’s evolving regulatory landscape.
How Raffles Corporate Services Can Help
At Raffles Corporate Services, we help Singapore businesses navigate the full spectrum of corporate compliance and government support. From ensuring your company is grant-eligible through proper annual return filings and financial reporting, to advising on the best time to apply for grants, our team is here to support your business growth.
If you are considering applying for EDG, PSG, MRA, or the upcoming EDGE grant, contact us today to discuss how we can help you prepare a strong application and ensure your company meets all eligibility requirements.
— The Editorial Team, Raffles Corporate Services