Top 10 Government Grants in Singapore for Small Businesses (2025 Guide)
- Content Manager@Katalysts
- May 20
- 4 min read
Updated: Jun 3
Navigating business growth in Singapore can be challenging. Small business owners often manage tight budgets. Fortunately, the Singapore Government offers a variety of grants to help local SMEs innovate, digitize, and expand. However, with many schemes available, knowing where to start can be overwhelming.
This 2025 guide breaks down the top 10 government grants in Singapore for small businesses. It includes official links, updated insights, and expert context, so you can apply smartly and grow faster.
The EDG, administered by Enterprise Singapore, supports projects that drive innovation, productivity, and internationalization. Over 7,300 businesses benefited from the EDG in 2024, with a 15% increase in digitization projects expected 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
The PSG is perfect for small businesses in Singapore looking to digitize with lower-risk investments. It co-funds pre-approved digital tools and equipment to boost productivity.
Since its launch, over 80,000 applications have been processed. Digital marketing tools have seen a 28% year-on-year growth in 2025.
What PSG Covers:
Up to 50% of pre-approved digital tools and equipment.
Includes tools related to accounting, HR, digital marketing, customer relationship management, etc.
Since its inception in 2020, over 35,000 SMEs have tapped into SFEC. In 2025, the demand for AI literacy and green tech skills has spiked, rendering SFEC more critical than ever. This program offers $10,000 in credits for companies investing in employee training and capability-building.
What SFEC Entails:
It supports SMEs that qualify through 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 with mentorship and capital grants. New verticals have been added for green tech, health tech, and fintech startups.
What It Entails:
Join through an accredited mentor partner or AMP.
A $50,000 grant, upon co-matching by the founder.
The MRA Grant supports SMEs looking to expand overseas. About 65% of MRA recipients 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.
The EEG helps businesses adopt energy-efficient equipment to reduce emissions and operational costs. In 2025, the government allocated $30 million towards green transition projects under the EEG.
What EEG Includes:
Up to 70% support for equipment in F&B, manufacturing, and retail sectors.
Additional support for decarbonization audits and solar panel installation is available in 2025.
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. It features a hands-on Grants Navigator tool, Digital Consultants, and AI-powered recommendations.
In 2024, over 900,000 SMEs accessed GoBusiness. This number is projected to reach 1.2 million in 2025. The Grants Navigator is particularly useful for finding 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.
9. Energy Efficiency Fund (E2F)-to-support-investment-in-energy-efficient-technologies)
"Energy efficiency is no longer optional; it's a cost and branding advantage." Jason Loh, CEO, GreenTech Advisors Asia
E2F helps manufacturers improve energy efficiency and reduce utility costs. It provides 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, the EFS provides loan support in six areas—from SME working capital to venture debt. In 2025, the terms for EFS have been updated to offer:
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, timing is crucial as many schemes are time-limited or tied to budget windows. The best move? Choose 2 to 3 grants that align with your business goals and apply now while the window is open.
How is Katalysts.net helping StartUps grow their business?
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 marketing services—tailored to help you get started without stretching your budget.
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