Feature Articles
Impact Evaluation of Enterprise Singapore's Enterprise Development Grant (EDG) and Enterprise Development Grant-Industry (EDG-I)
25 May 2026
The Enterprise Development Grant (EDG) and Enterprise Development Grant-Industry (EDG-I) are enterprise capability development schemes managed by Enterprise Singapore. The EDG helps firms to embark on development projects that strengthen their business capabilities to support their subsequent growth. On the other hand, the EDG-I supports industry projects that are undertaken by a lead company working with small- and medium-sized enterprises (SMEs) to catalyse industry or enterprise transformation. Using firm-level administrative data, this study evaluates the impact of the EDG and EDG-I on firms’ revenue and value-added (VA).
Our findings show that firms that received EDG and EDG-I saw an increase in their revenue and VA, relative to similar non-recipient firms. The impact was generally larger for SMEs, consistent with the policy objective of helping smaller firms to invest in longer-term capability development and transformation.
The views expressed in this paper are solely those of the authors and do not necessarily reflect those of the Ministry of Trade and Industry or the Government of Singapore.