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Government Grants

Grants Overview

The Singapore Government has introduced various grants to support local companies in enhancing their productivity and capabilities.

Enterprise Development Grant (EDG)
Are you eligible?

Yes, if your business is:

  • Incorporated and operating in Singapore
  • A company with a minimum of 30% local shareholding
  • Be in a financially viable position to start and complete the project
How much is funded for Synergix ERP System?

From April 1, 2023, SMEs are eligible for up to 50% support for the Enterprise Development Grant (EDG). Sustainability-related projects may be supported at up to 70% from 1 April 2023 to 31 March 2026.

Are you eligible?

Yes, if your business is:

  • Registered and incorporated in Singapore
  • Have a minimum of 30% local shareholding AND
  • Have a group annual sales turnover of not more than S$100 million OR
  • Have a group employment size of not more than 200 workers
How much is funded for Synergix ERP System?

SMEs are eligible for up to 50% Productivity Solutions Grant (PSG) support for the adoption of Synergix Sales, Accounting, Inventory, a Pre-Approved Solution under the IMDA SMEs Go Digital Programme.

Are you eligible?

Yes, if your business:

  • Has at least 30% of Singapore equity
  • Has paid at least $750 Skills Development Levy (SDL) over the qualifying period
  • Has employed at least three Singapore Citizens or Permanent Residents every month over the same period
  • Has not been qualified at any of the earlier periods.
How much is funded for Synergix ERP Software?

Open from 30 June 2024 until 30 June 2025, the SkillsFuture Enterprise Credit (SFEC) provides eligible employers additional support of $10,000 credit to embrace the workforce and enterprise transformation. Companies implementing Synergix ERP Software and successfully received Productivity Solution Grant (PSG) approval can gain $7,000 of the credit amount to defray up to 90% of out-of-pocket expenses.

See how Synergix ERP System transforms your business