EDG vs PSG vs MRA: How the Former Grants Compare and What EDGE Replaced

Short answer: EDG, PSG and MRA all ceased on 29 September 2026, and new projects now go to Enterprise Singapore’s EDGE Grant. If your company already holds an approval, the old split still decides which rules govern it: PSG for pre-approved, off-the-shelf software or equipment, MRA for entering a new overseas market, and EDG for bespoke projects. No cost can be claimed twice, under these schemes or under EDGE.

For years, the alphabet soup of EDG, PSG, MRA and SFEC left even seasoned business owners confused about which grant fitted which purpose. Choosing wrongly wasted weeks of application effort and could disqualify a project entirely, because Enterprise Singapore and IMDA were strict about scope overlap. On 30 September 2026, Enterprise Singapore consolidated EDG, PSG and MRA into a single scheme, the EDGE Grant.

This comparison sets out the three former flagship grants side by side: the Enterprise Development Grant (EDG), the Productivity Solutions Grant (PSG), and the Market Readiness Assistance (MRA) grant. It remains useful if your company holds an approval under one of them, because each approved project is still governed by its own scheme’s rules until it is claimed. For new projects, start with our directory of Singapore government grants.

All three grants were administered by Enterprise Singapore. If you would like Raffles Corporate Services to shortlist grants against your specific initiative and prepare the application, our in-house certified grant consultants can review it with you in a free consultation.

Quick Comparison at a Glance

Enterprise Development Grant (EDG): The Former Flagship Transformation Grant

The EDG was Enterprise Singapore’s largest and most flexible business grant. It funded bespoke, transformation-scale projects across three pillars:

• Core Capabilities: strategic reviews, business model transformation, financial management, human capital.
• Innovation and Productivity: process automation, product development, service redesign.
• Market Access: overseas market entry (where PSG and MRA don’t fit).

Support levels were up to 50% of qualifying costs for SMEs, and up to 70% for sustainability-related projects. There was no hard cap per project: a S$500,000 project could theoretically receive S$250,000 of EDG support, provided the case was strong.

Qualifying costs were third-party consultancy fees, software and equipment, and internal manpower cost. Enterprise Singapore assessed each proposal on project scope, project outcomes and the competency of the service provider.

Who should apply?

EDG suited SMEs undertaking non-standard projects: a manufacturing productivity overhaul, a new export-market strategy requiring bespoke research, a digitalisation roadmap tied to a specific business model. If a pre-approved PSG solution or an MRA activity covered the project, those were the cheaper and faster pathways.

Application process

The applicant submitted a proposal via the Business Grants Portal (BGP) at businessgrants.gov.sg, with a diagnosis of the current state, the intended outcomes, a project plan with milestones, and a detailed cost breakdown. Enterprise Singapore could request follow-up interviews and site visits.

For approved projects, claims are submitted on BGP once all project deliverables are achieved, and must reach Enterprise Singapore no later than six months from the end of the project qualifying period. Unless exempted, the company selects an auditor from Enterprise Singapore’s pre-qualified panel to verify the claim. Disbursement is by reimbursement.

Productivity Solutions Grant (PSG): The Former Off-the-Shelf Grant

PSG was the fast-track grant for pre-approved digital solutions. Enterprise Singapore maintained a catalogue of vetted IT solutions and equipment on the GoBusiness Singapore portal, each with a fixed price and a defined PSG support level.

Support was up to 50% of the pre-approved cost, subject to the specific solution’s cap. Common PSG-supported categories included:

• Accounting and financial management (Xero, QuickBooks, Jaz, Financio, MYOB).
• Human resource management (Talenox, Payboy, InfoTech HR, JustLogin).
• Customer relationship management (Salesforce Essentials, HubSpot, Zoho).
• Point-of-sale (Weebly, Storehub, QashierPOS).
• Inventory management (Cin7, Zoho Inventory).
• Cybersecurity (endpoint protection, SIEM).
• E-commerce platforms.

Sector-specific PSG lists existed for food services, retail, wholesale, logistics, precision engineering, construction and more.

Who should apply?

PSG suited any SME adopting standard business software or equipment already on the PSG list. If the tool was not on the list, PSG was not available and EDG was the alternative. Under EDGE, these purchases fall within a S$30,000 sub-cap: see EDGE support for digital solutions and equipment.

Application process

Applications were submitted through the Business Grants Portal after obtaining a quotation from the pre-approved vendor, and approval typically took 4 to 6 weeks in our experience. For approved projects, after deployment and full payment the applicant submits invoices, proof of payment and deployment evidence on BGP to trigger reimbursement.

PSG could stack with the SkillsFuture Enterprise Credit (SFEC) to defray the remaining out-of-pocket costs. Final SFEC-supported claims for EDG, MRA and PSG projects are due by 30 November 2026, and EDGE projects cannot be supported under SFEC.

Market Readiness Assistance (MRA): The Former Overseas Expansion Grant

MRA supported SMEs venturing into overseas markets. It funded three categories of overseas activities:

• Overseas market promotion (capped at S$20,000): marketing and PR campaigns and overseas trade fairs.
• Overseas business development (capped at S$50,000): identifying overseas partners and in-market business development.
• Overseas market set-up (capped at S$30,000): setting up an in-market presence, with related advisory such as tax and legal.

Support was up to 50% of qualifying overseas costs for SMEs, raised to up to 70% from 1 April 2026, capped at S$100,000 per company per new market.

Who should apply?

MRA suited SMEs entering a new overseas market (one where annual sales had not exceeded S$100,000 in any of the preceding three years). Full detail on the terms and claim procedures for approved projects is in our MRA 2026 guide.

Application process

Applications were submitted via the Business Grants Portal, and approval typically took 6 to 8 weeks in our experience. All MRA claims are subject to audit. New overseas projects now go to EDGE internationalisation activities: see EDGE support for overseas expansion.

Decision Tree: Which Scheme Governs Your Project, and Where New Projects Go

If you already hold an approval, the scheme named in your Letter of Offer governs it. For a new project, ask these questions in order:

1. Is the initiative overseas-focused (a new export market)? → Formerly MRA; now EDGE internationalisation activities (our guide).
2. Is the initiative a standard software or equipment purchase? → Formerly PSG; now EDGE, within the S$30,000 sub-cap (our guide).
3. Is the initiative a bespoke project not covered by the above? → Formerly EDG; now the other EDGE business areas, such as business strategy, financial management, innovation, standards and sustainability.
4. Does the initiative span multiple categories? → Structure it into distinct activities and apply for each, keeping within the EDGE cap of S$100,000 per company per year.

Enterprise Singapore prohibits “double funding”: you cannot claim two different grants against the same cost. But you can layer multiple grants against different components of the same broader initiative, provided the scopes are cleanly separated. A project already supported under EDG, PSG or MRA cannot be claimed again under EDGE.

Eligibility Checklist (Common to All Three Grants)

To qualify as an SME under Enterprise Singapore’s framework for these grants, the applicant had to satisfy all of the following:

• Registered and operating in Singapore.
• At least 30% local shareholding (Singapore citizens or PRs).
• Group annual sales turnover ≤ S$100 million or group employment ≤ 200 employees.
• Not on the government’s debarment list.

Non-SMEs could access some tracks (for example, selected EDG tracks) at lower support levels. Under EDGE, non-SMEs receive up to 30%, or up to 50% for internationalisation and sustainability activities.

Common Reasons Grant Applications Are Rejected

Enterprise Singapore does not publish rejection rates, but in our practice the same failure patterns recurred, and most of them apply equally to EDGE:

• Insufficient business justification: the applicant fails to articulate concrete outcomes (revenue uplift, productivity gain, market share).
• Retrospective applications: work started, or payments or deposits made, before the application was submitted made the project ineligible.
• Cost padding: unrealistic consultant day-rates or duplication of internal costs.
• Weak vendor selection: consultancies without demonstrated track record in the applicant’s industry.
• Scope overlap with prior grants: attempting to fund the same scope twice.

Post-Approval: The Compliance Trap

Getting the grant approved is only half the work, and these obligations continue for every approved EDG, PSG and MRA project after the schemes closed. Post-approval, applicants must:

• Deliver against the milestones as declared. Changes need an approved change request on BGP.
• Maintain documented proof of every qualifying cost (invoices, payment records, deliverable acceptance).
• Submit claims by the due date in the Letter of Offer (for EDG, no later than six months from the end of the project qualifying period).
• Comply with post-project audits by Enterprise Singapore, including keeping records for the period the Letter of Offer requires.

Failure to comply can result in clawback of disbursed funds and, in serious cases, debarment from future grants. For how claims and change requests work on new EDGE projects, see EDGE grant claims and change requests.

Beyond EDG, PSG and MRA: Other Schemes Worth Knowing

EDGE has taken over from these three, but Singapore SMEs should also consider:

• SkillsFuture Enterprise Credit (SFEC): the current credit closes on 30 November 2026, which is also the deadline for final SFEC-supported claims on EDG, MRA and PSG projects. See our SFEC 2026 guide.
• Enterprise Financing Scheme (EFS): government risk-share on SME loans through participating financial institutions. See our guide to the EFS 70% risk-share and domestic project loans.
• Startup SG Founder: S$20,000 to S$50,000 at 1:1 co-matching for first-time founders, through an accredited mentor partner.
• Startup SG Tech: grants for proof-of-concept and proof-of-value for deep-tech ventures.
• Energy Efficiency Grant (EEG): for equipment upgrades to more energy-efficient models; the Base Tier is open to all sectors until 31 March 2028.

Get a Grant Fit Assessment

Every SME transformation project can be sliced into components that match different activities. Under EDGE, those components now sit in one scheme with a S$100,000 cap per company per year that resets each 1 April, so the timing of each activity matters as much as the choice of scheme.

Contact Raffles Corporate Services for a grant-fit assessment before you start any transformation initiative. We will map your project against EDGE and other current schemes, flag overlap with any existing EDG, PSG or MRA approvals, and prepare the application documents with you as the applicant.

Information checked against official sources on 6 November 2026.

The Editorial Team, Raffles Corporate Services