What You Need to Know About the New EDGE Grant Singapore for SMEs

Understanding the Changes in SME Grants

In Budget 2026, the government announced a significant change to how SME grants operate. The three grants that many businesses are familiar with—EDG, PSG, and MRA—will be consolidated into a single new scheme called EDGE. This new grant is expected to launch in the second half of 2026. Instead of navigating through three different grants to determine which one fits your project, you will apply once based on your specific objectives.

Once launched, the EDGE grant Singapore SMEs rely on will eliminate the need for separate applications under EDG, PSG, or MRA.

What EDGE Grant Singapore Means for Your Business

If you've ever found yourself confused by grant categories like "productivity," "transformation," or "market readiness," EDGE aims to simplify this process. You will describe your project, and the system will match you to the appropriate funding. This means you no longer need to guess which category your project falls under.

Here are a few key points to consider:

• Increased Funding Cap: Funding is expected to be capped at $100,000 per year per business. This is higher than what most SMEs could access under a single scheme before.

• Support for Overseas Expansion: Support levels for overseas expansion are increasing to 70% for SMEs, up from 50%. This is a significant boost if you have been hesitant about market entry costs.

• Inclusivity for Non-SMEs: EDGE may also extend support to some non-SME businesses, not just those that meet the traditional SME thresholds.

  
  

What to Check Before Applying

Currently, the most crucial thing to remember is that nothing changes yet. EDG, PSG, and MRA are still fully operational, and there is no confirmed cut-off date for when they will stop accepting new applications. If you have a project ready now, waiting for EDGE might not be the best decision. You could lose valuable time on a project that qualifies for funding today, especially since the exact terms of EDGE (like project-level funding percentages) have not been fully confirmed.

The better approach is to check your eligibility under the current schemes now. If EDGE turns out to offer better terms for your specific activity once it launches, that will be an added benefit. However, you won't have wasted time waiting on an unconfirmed timeline.

Free Eligibility Check

Not sure which grant applies to you, or whether to apply now or wait? We offer a free eligibility check to help you determine exactly where you stand, with no obligation.

Check Your Eligibility →

Conclusion

In summary, the upcoming EDGE grant represents a significant shift in how SMEs can access funding. By simplifying the application process and increasing funding caps, it aims to provide better support for businesses looking to grow and expand.

As we await the launch of EDGE, it is essential to stay informed and proactive. Assess your current projects and eligibility under existing grants to ensure you do not miss out on available funding.

Information is current as of July 2026 and is subject to change as Enterprise Singapore releases further details.

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