Top 10 Government Grants in Singapore for Small Businesses (2025 Update)
- Content Manager@Katalysts
- May 20
- 4 min read
Navigating business growth in Singapore can be challenging, especially for small business owners managing tight budgets. Fortunately, the Singapore Government offers a wealth of grants to help local SMEs innovate, digitize and expand. But with dozens of schemes available, knowing where to start can be overwhelming.
This 2025 guide breaks down the top 10 government grants in Singapore for small businesses, complete with official links, updated insights and expert context, so you can apply smart and grow faster.
The EDG, administered by Enterprise Singapore, supports projects that drive innovation, productivity and internationalization. Over 7,300 businesses benefited from EDG in 2024 with a 15% increase in digitization projects in 2025.
What the Grant Covers:
Up to 50% of project costs (70% for sustainability-related projects in 2025).
Branding, automation, overseas expansion and process innovation
"EDG is ideal for companies wanting to compete regionally while building operational resilience."
Rachel Chen, SME Strategy Advisor, Enterprise SG
PSG is ideal for small businesses in Singapore taking their first step toward digitization with lower-risk investments. It co-funds pre-approved digital tools and equipment to boost productivity.
Over 80,000 applications have been processed since the launch of PSG, with digital marketing tools seeing 28% year-on-year growth in 2025.
What PSG covers:
Up to 50% of pre-approved digital tools and equipment to boost productivity.
Includes digital tools related to Accounting, HR, digital marketing, customer relationship management, etc.
Over 35,000 SMEs have tapped into SFEC since 2020. In 2025, demand for AI literacy and green tech skills has spiked, making SFEC more critical than ever. The SFEC offers $10,000 in credits for companies investing in employee training and capability-building.
What SFEC entails:
It supports automatically qualified SMEs that meet annual CPF contribution requirements.
Can be used for workforce upskilling and leadership development.
4. Startup SG Founder (Start Phase)
"This grant catalyzes early-stage startup ideas into investible businesses."
Aaron Tan, Co-founder of Carro
Managed by Enterprise Singapore, this scheme supports first-time entrepreneurs through mentorship and capital grants. New verticals have been added for green tech, healthtech and fintech startups.
What it entails:
Joining through an accredited mentor partner or AMP is a must.
A $50,000 grant, upon co-matching by the founder.
The MRA Grant supports SMEs looking to expand overseas. About 65% of recipients of the MRA expanded into Malaysia, Indonesia or Australia in 2025.
What the MRA Grant covers:
Funding up to 70% of eligible costs, capped at $100,000 per new market
Supports market entry, in-market promotion and business development.
Use MRA to explore e-commerce exports or regional sales expansion.
EEG helps businesses adopt energy-efficient equipment to reduce emissions and operational costs. The Singapore Government allocated $30 million in 2025 towards green transition projects under the EEG.
What EEG include:
Up to 70% support for equipment in F&B, manufacturing and retail sectors
An additional support for decarbonization audits and solar panel installation has been put in place in 2025
As a sustainability push by the government, the EEG aligns with Singapore’s Green Plan 2030.
While not a grant itself, GoBusiness Gov Assist is a centralized portal that helps you find and apply for relevant support, including PSG and EDG. Aptly, it features a hands-on Grants Navigator tool, Digital Consultants and AI-powered recommendations.
In 2024, more than 900,000 SMEs have accessed GoBusiness, while the number is projected to hit a massive 1.2 millions in 2025. Interestingly, one can use the Grants Navigator to find lesser-known support schemes tailored to your business profile.
Administered by the Singapore Tourism Board (STB), the BIF supports businesses in the tourism and lifestyle sector. Tourism-linked SMEs saw a 12% growth in experience-related investments using BIF in 2024.
What BIF covers:
Technology adoption, process reengineering and experience design
Eligible applicants include Attractions, hotels, F&B, event firms and travel agencies.
"Energy efficiency is no longer optional; it's a cost and branding advantage."
-Jason Loh, CEO, GreenTech Advisors Asia
E2F is for manufacturers to improve energy efficiency and reduce utility costs. It is meant to provide support for up to 50% of qualifying costs, including M&V and energy audits.
Eligible sectors for E2F include precision engineering, chemicals, electronics and more.
Offered by Enterprise Singapore, EFS provides loan support in 6 areas- from SME working capital to venture debt. In 2025, the terms for EFS have been updated to provide:
Higher risk-sharing by the Government of Singapore, for young or ESG-focused startups.
Loan coverage of up to 70% for government risk share
ESG Bridge Loan for sustainable innovation pilots
Making the Most of Government Support for your Small Business in Singapore
From digital tools and employee training to overseas expansion and sustainability, these 10 grants offer unparalleled opportunities for small businesses in Singapore to compete smarter in 2025.
However, the timing is of great relevance as most schemes are time-limited or tied to budget windows. The best move, you ask? Choose 2 to 3 grants that align with your business goals and apply now while the window is open.
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Tap into Katalysts’ free Marketing Guides designed specifically for Start-Ups and Small Businesses. If you’re looking for hands-on support, connect with our friendly team to explore our subsidised marketing services—tailored to help you get started without stretching your budget.
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