PSG, EDG, SFEC and the new EDGE: SME grants in 2026

Singapore quietly co-funds a large share of what a growing company spends on systems and upgrading — but every scheme shares one unforgiving rule: the grant must be approved before you commit a dollar. Here is the 2026 landscape as it stands (checked August 2026; scheme parameters shift at every Budget).

PSG — the software grant

The Productivity Solutions Grant funds up to 50% of pre-approved software and equipment, capped at S$30,000 per year. The catalogue on GoBusiness covers exactly the stack a small company buys anyway: accounting software, HR and payroll systems, ERP, POS, cybersecurity and e-commerce tools.

Eligibility: registered and operating in Singapore, at least 30% local shareholding, and group revenue not more than S$100 million or group employment not more than 200.

The mechanics matter more than the money:

1. Pick a pre-approved package (solution and vendor must both be listed) and get the quotation;
2. Apply on the Business Grants Portal first — do not sign, pay or deposit anything;
3. Approval takes ~6 weeks; only after the Letter of Offer do you sign and implement;
4. Claim with the invoice, proof of payment and deployment evidence; disbursement follows a further ~6 weeks.

Committing before approval is the most common rejection reason and cannot be repaired afterwards. The other quiet killer: an SSIC code that doesn't match the solution's approved sector — check yours before applying.

EDG — the project grant

The Enterprise Development Grant funds up to 50% of qualifying costs (consultancy, capability building, internationalisation projects) for SMEs, assessed project by project rather than from a catalogue. It suits defined transformation projects with external consultants more than routine software purchases.

SFEC — use it before 30 November 2026

The SkillsFuture Enterprise Credit gives eligible employers a S$10,000 credit offsetting up to 90% of out-of-pocket costs on supported training and transformation programmes. Two dates matter this year, per SkillsFuture's official circular:

• The current credit expires 30 November 2026 — supported course runs must be completed by then. Unused balances die with it.
• A redesigned SFEC launches 1 December 2026 — a fresh S$10,000 in an online wallet, usable upfront at enrolment rather than by reimbursement, expected to require at least three resident employees (confirm the final conditions on the official page when claiming).

If your team has training planned, scheduling it to finish before December is free money recovered.

The 2026 shake-up: EDGE and the Business Adaptation Grant

• EDGE, announced at Budget 2026, will consolidate PSG, EDG and MRA into one grant — reported to be capped at S$100,000 a year and open to non-SMEs too — launching in the second half of 2026. The existing grants stay open until then, so a purchase you are already planning argues for applying under today's known rules rather than waiting for unannounced ones.
• The Business Adaptation Grant (from 1 April 2026, running to October 2027) supports tariff-impacted businesses at up to 70% for SMEs, capped at S$100,000 — covering trade-compliance advisory, supply-chain reconfiguration and market diversification. Niche, but generous for exporters caught in the current trade environment.
• InvoiceNow adoption grants (S$1,000–S$25,000 by size) opened July 2026 — covered in our InvoiceNow guide.

Making grants part of the plan

Grants reward planned purchases, not impulse ones. Before any significant software or upgrading spend, the twenty-minute check — is there a pre-approved package for this, and does the timeline allow approval first? — routinely recovers thousands. Fold it into the same conversation as what to outsource and what your systems cost, and remember the receipts: grant claims are audited against exactly the records you should be keeping anyway.