10 Singapore SME Grants and Support Schemes [2026]

Reviewed 8 September 2026. Singapore business support includes grants, wage support, credits, loans and equity investment. They have different eligibility rules: an advertised maximum is not an entitlement, and a government loan risk share does not reduce the borrower's repayment obligation.

Enterprise Singapore has announced EDGE for the second half of 2026. Its current guidance says EDG, PSG and MRA remain available until EDGE launches. Check the official transition updates before applying.

Ten support schemes to assess

1. Enterprise Development Grant (EDG)

EDG supports qualifying business transformation projects. Local SMEs can receive up to 50% of eligible costs; qualifying sustainability projects may receive up to 70%. Applicants must be registered and operating in Singapore, have at least 30% local equity and be financially ready for the project. Do not start the project, sign the relevant agreement or pay before applying. EDG eligibility and application rules.

2. Productivity Solutions Grant (PSG)

PSG supports eligible pre-approved IT solutions and equipment, with funding up to 50% of eligible costs and up to S$30,000 for local SMEs. Check the selected solution, applicant eligibility and available support before committing expenditure. A supplier's quotation alone does not establish grant approval. PSG requirements.

3. Market Readiness Assistance (MRA)

From 1 April 2026, eligible SMEs can receive up to 70% support, capped at S$100,000 per company per new market: up to S$20,000 for promotion, S$50,000 for business development and S$30,000 for market set-up. The current scheme page retains new-market eligibility tests. Check these and any implemented expansion of the scheme; an announcement is not proof that a new application route is open. MRA conditions.

4. Startup SG Founder

Startup SG Founder combines startup support with mentorship. Founders should check the current programme and Accredited Mentor Partner requirements before choosing this route. Do not assume that every newly incorporated business qualifies or use an old grant matching ratio to budget a project. Official Startup SG programme directory.

5. Startup SG Equity

This is an investment programme, rather than a reimbursement grant. It supports co-investment in eligible Singapore technology startups. Funding depends on the programme's investment criteria and assessment; founders should consider ownership and investment terms as well as funding availability. Startup investment support.

6. SkillsFuture Enterprise Credit (SFEC)

The existing SFEC provides eligible employers with S$10,000 in credits for qualifying enterprise and workforce transformation costs. Eligibility is assessed against qualifying-period conditions, including Skills Development Levy contributions and resident employment; simply employing three residents now is insufficient. Existing credits expire on 30 November 2026. Check your eligibility notification, claim requirements and the arrangements that apply after that date. SFEC conditions and deadlines.

7. Progressive Wage Credit Scheme (PWCS)

For qualifying wage increases in 2026, government co-funding is 30%, with a gross monthly wage ceiling of S$3,000 and a minimum qualifying increase of S$100. The minimum increase rises to S$200 for 2027 and 2028. Employee and sustained-increase conditions also apply. Eligible payouts are assessed using CPF records, without an application. IRAS PWCS rules. Our payroll contribution guide explains related payroll obligations.

8. Enterprise Financing Scheme — SME Working Capital Loan

This is a repayable loan, with a maximum of S$500,000 per borrower, subject to group limits and lender assessment. Enterprise Singapore's risk share is 70% for loans under the temporary enhancement from 1 September 2026 to 31 March 2027. The borrower remains responsible for repaying 100% of the loan. Working Capital Loan terms.

9. Workforce Development Grant (Job Redesign+)

This programme supports workforce transformation through job redesign and related capabilities. Match the proposed project to the current supported activities and application requirements; do not treat it as a general subsidy for any software or consultancy purchase. Official workforce transformation guidance.

10. Business Adaptation Grant

This targets businesses affected by tariffs, with eligible advisory and supply-chain reconfiguration activities. Support is capped at S$100,000 per enterprise; from 1 April 2026, support is up to 70% for SMEs and 50% for non-SMEs. The tariff-impact, activity and applicant conditions matter: this is not a general-purpose business development grant. Business Adaptation Grant requirements.

Before committing to a project

• Start with the business need, project scope and costs you can fund yourself.
• Check ownership, size, activity, expenditure and timing conditions on the official scheme page.
• Keep quotations, approvals, invoices, payment evidence and project records for the relevant application and claim.
• Read the award conditions before assuming a cost can be reimbursed or supported under more than one scheme.

Support for existing Assembly Works clients

Grant advisory is available to existing clients, with scope agreed for the engagement. We can discuss your business records and preparation needs. EDG does not permit third-party companies to apply for or manage applications on an applicant's behalf; the applicant must retain that responsibility. Contact your Assembly Works team to discuss appropriate support.