Singapore Government Incentives to Business: A 2026 Guide to Grants and Support Schemes

Singapore Government Incentives to Business

If you run a company in Singapore, the government will help pay for a good deal of your growth, from adopting software to hiring, training, and expanding overseas. The catch is knowing which scheme fits what you are trying to do and getting the paperwork right before you spend a dollar. This guide walks through the main business grants available in 2026, who runs them, how much they cover, and where to apply.

Quick answer: The core schemes are the Productivity Solutions Grant (PSG, up to 50% for eligible SMEs), the Enterprise Development Grant (EDG, up to 50% for SMEs), the Market Readiness Assistance grant (MRA, for overseas expansion), and the SkillsFuture Enterprise Credit (SFEC) for training. Most are administered by Enterprise Singapore and applied for through the Business Grants Portal at businessgrants.gov.sg. Figures and eligibility change, so confirm the current terms on the official site before you commit.

The support landscape in 2026

Singapore’s business support runs on a few pillars: grants that co-fund specific projects, credits that offset training costs, and tax measures that reduce what you owe. Enterprise Singapore (EnterpriseSG) runs most of the grants, often with sector agencies like IMDA for digital solutions. The Inland Revenue Authority of Singapore (IRAS) handles tax incentives and rebates.

One change worth knowing: EnterpriseSG has announced plans to combine the PSG, EDG, and MRA into a single scheme called EDGE, expected to launch in the second half of 2026. Until that happens, the existing grants continue as normal through the Business Grants Portal. For a fuller breakdown of how the three compare, see EDG vs PSG vs MRA.

The main grants at a glance

Scheme

What it supports

Who runs it

Support level

Productivity Solutions Grant (PSG)

Pre-approved IT solutions and equipment, including some digital marketing and e-commerce tools

EnterpriseSG with IMDA

Up to 50% of eligible costs for local SMEs, capped at S$30,000

Enterprise Development Grant (EDG)

Larger upgrade, innovation, and business transformation projects

EnterpriseSG

Up to 50% of qualifying costs for SMEs (up to 30% for non-SMEs)

Market Readiness Assistance (MRA)

Overseas market entry: promotion, business development, market set-up

EnterpriseSG

Up to 70% for SMEs, capped per new market

SkillsFuture Enterprise Credit (SFEC)

Employee training and workforce transformation

SkillsFuture Singapore

Credit that offsets a large share of out-of-pocket training costs

Corporate income tax rebate

Reduces corporate tax payable (announced at Budget)

IRAS

Varies by Budget year; confirm current rate with IRAS

A note on timing. Grant designs and credits are periodically refreshed, and older schemes are sometimes retired or replaced (for example, the earlier Start Digital pack for free basic digital tools has closed). Always verify a scheme’s status and its exact support level before you plan around it.

Grants for going digital, building a website, and marketing

This is where most small businesses start, and it is where the PSG earns its reputation. The PSG co-funds pre-approved digital solutions bought from vendors on the GoBusiness catalogue. The approved list covers categories such as accounting, HR and payroll, e-commerce, and digital marketing, so a chunk of your website and marketing spend can qualify when it is scoped through an approved solution.

MediaPlus Digital is a PSG pre-approved vendor for website and digital marketing solutions, which means eligible SMEs can apply the grant to a qualifying build or campaign rather than paying the full cost. If your site is dated or you are starting from scratch, the web design page explains what a supported project can include. For a wider look at what public funding is available for smaller companies, grant money for business in Singapore is a useful starting read.

For bigger moves, such as a custom platform, a brand overhaul, or a market study, the EDG is the better fit. It funds up to 50% of qualifying costs for SMEs but expects a more detailed project proposal and measurable outcomes.

Eligibility basics

The exact rules differ by scheme, but most grants share a common core. For the PSG, a company generally needs to:

  • Be registered and operating in Singapore (ACRA-registered private limited companies, sole proprietorships, partnerships, and LLPs are typically eligible).
  • Have at least 30% local shareholding, held directly or indirectly by Singapore Citizens or Permanent Residents.
  • Meet the SME size test: group annual sales turnover of not more than S$100 million, or group employment of not more than 200 employees.
  • Not have paid the vendor or signed the contract before the grant is approved. This last point trips up a lot of applicants, so hold off on payment until you have the go-ahead.

The EDG and MRA apply the same 30% local shareholding rule and, for MRA, add conditions around your overseas turnover in the target market. Check the specific criteria on each scheme’s official page before you apply.

How to apply

Most grants run through the Business Grants Portal (businessgrants.gov.sg). The typical PSG flow looks like this:

  1. Browse the GoBusiness PSG catalogue and shortlist a couple of pre-approved solutions that match a real business need.
  2. Ask the vendors to scope and quote. A proper quotation lists the PSG-supportable items, the licence term, and the total cost.
  3. Log in to the portal with your CorpPass, create the application, and upload the quotation, your latest ACRA business profile, and bank details.
  4. Wait for approval before you pay or sign anything. Grants are disbursed on a reimbursement basis after the project is completed and claimed.

EDG and MRA follow a similar submission path but need a fuller project write-up, so give yourself more lead time.

A word on accuracy

Grant percentages, caps, and eligibility rules change with each national Budget and can be adjusted mid-year. The figures here reflect what was published at the time of writing, and the move toward the combined EDGE scheme means some details will shift through 2026. Before you build a budget around any number, confirm the current terms on the official EnterpriseSG, GoBusiness, IMDA, or IRAS pages.

Frequently asked questions

What grants can my business get?

It depends on your goal. To adopt software or digitalise, look at the PSG. For a larger transformation project, consider the EDG. To expand overseas, the MRA. For staff training, the SFEC. Many companies use more than one over time.

What is the PSG?

The Productivity Solutions Grant co-funds pre-approved digital solutions and equipment for eligible SMEs, covering up to 50% of eligible costs, capped at S$30,000. It is run by EnterpriseSG with IMDA.

Is my company eligible?

For most grants you need to be registered and operating in Singapore, have at least 30% local shareholding, and meet the SME size limits (turnover up to S$100 million or up to 200 employees). Confirm the exact rules for each scheme before applying.

Can I use grants for a website or marketing?

Yes, within limits. The PSG covers website and digital marketing solutions that are on the approved catalogue and bought through a pre-approved vendor. Larger custom builds may suit the EDG instead.

Where do I apply?

Through the Business Grants Portal at businessgrants.gov.sg, using your CorpPass. Do not pay the vendor or sign the contract until your application is approved.

Ready to use your grant on a website or marketing project?

MediaPlus Digital is a PSG pre-approved vendor for web development, so eligible SMEs can put the grant toward a qualifying site or campaign. See what a supported build looks like on our web design page, or get in touch and we will help you scope the project and prepare the quotation you need for your application.

Author
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Jasmine Le

SEO Specialist
SEO strategist specialising in technical SEO, content optimisation, and organic growth.

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Gerald Ho

Head of Digital Marketing & AI Innovation
Reviews SEO and digital marketing content for strategic accuracy and practical value.

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