Search "digital transformation grants Singapore" and you’ll get largely the same three names in every other result: PSG, EDG, MRA. They’re certainly the right way to start, but to take them at face value is to miss out on a substantial chunk of actual support relevant for anyone looking to do more than replace their spreadsheets with something fancier, from free to engage advisor programmes to financing solutions to complement grant funding.
The below isn't ordered according to amount or generosity; it’s categorized by the path you’ll generally need to take to get to it – a nuance you’d surprisingly seldom see on such a list, and a factor that dictates a scheme that you can apply for tomorrow versus a grant you can’t even begin to approach except via a vendor or industry body.
1. Productivity Solutions Grant (PSG)
Your fastest path to digital transformation funds. PSG pays for pre-approved IT solutions and equipment, such as the accounting, ERP, HR, inventory and e-commerce software in the GoBusiness Gov Assist catalogue. The amount of support is at least 50% of qualifying costs but not exceeding S$30,000 for a business a financial year (across all PSG applications). This is the easiest and quickest starting point for a company that simply wants to go from “spreadsheets to systems” - it usually takes only a few weeks for approval.
2. Enterprise Development Grant (EDG)
While PSG’s support is capped within package solutions, EDG focuses on supporting transformational or larger, company-specific projects. These are assessed on a project-by-project basis without any project caps – and EDG covers between 50% and, temporarily, 70% for those focused on sustainability – of the project’s costs. A Singaporean manufacturer automating its inventory management, supply chain production, and financial reporting with an ERP system, or an ASEAN regional HQ that is centralising its financial reporting across the network in Singapore, would fall under this scheme. There isn’t a list of approved providers here so you’ll need a convincing business case and a vendor that has the necessary experience and proven ability to deliver.
3. Market Readiness Assistance (MRA)
In reality, digital transformation and going abroad may be two sides of the same coin – think about a retail chain or an e-commerce business scaling up into Malaysia or Indonesia who require their systems to operate seamlessly across markets from day one. The cost of overseas market promotion, business development or setting up in markets is supported by MRA – up to 70% for local SMEs and not exceeding S $100,000 per company per new market. However, the technology is not supported by MRA.
4. EDGE (launching second half of 2026)
Enterprise Singapore has signaled the formation of EDGE, a consolidated grant that will ultimately supersede the existing PSG, EDG and MRA in a more activity-centric, single application. So you will be able to apply for what you want to achieve (local expansion, digital transformation, efficiency improvements) rather than debating the merits of which scheme applies to your project. No launch date yet and the specific funding percentages/categories for digitalization-focused efforts are not detailed. Definitely one to keep an eye on, but not something you should wait for if your project needs to start now.
5. Advanced Digital Solutions (ADS)
This one tends to be confused a bit during grant round-ups, so a bit of clarity around it is needed. It falls under the more general SMEs Go Digital programme, and is about more sophisticated, more connected digital solutions than what is covered in PSG’s existing pre-approved catalogue – for example, more granular analytics, integration of systems and channels. However, it is not a grant that an individual SME applies for directly like they do with PSG. As IMDA explains on the ADS webpage: “The ADS is offered to proposals submitted via Calls for Proposals (CFPs) by industry partners, vendors, trade associations and/or chain leaders.”
At present, there are no open calls for CFPs, but typically a company takes part in an ADS-supported solution proposed by an industry player, rather than making their own. If anyone pitches you their ERP solution and suggests it is directly applicable under ADS, it might be useful to ask under which call they are proposing it.
6. Digital Leaders Programme (DLP)
This is aimed at a very different problem - not businesses with no digital plan, but businesses with no in-house capability to execute one. DLP, provided by IMDA with Enterprise Singapore and partners from the various sectors, offers digital road-mapping support and salary support to build an in-house digital team, with a CTO-equivalent, and up to 5 digital specialists. The target beneficiaries are digitising non-ICT firms (not a software company looking to enhance their software, but a manufacturer or logistics company looking to build in-house technology capability) who are serious about digital. For firms whose ERP rollout is the beginning of their internal digitisation effort, DLP addresses the missing people capability that software grants don’t cover.
7. Chief Technology Officer-as-a-Service (CTOaaS)
The lowest friction entry point to get onto this list, and you should try this before taking any of the actions above. Starting with a free digital readiness self-assessment on IMDA's website. CTOaaS's digital readiness self-assessment tool will provide a tailored diagnosis of your digital maturity level, solutions to your problems, and relevant funding opportunities. Beyond that, companies can receive one-to-one subsidised consultancy from government-appointed digital consultants.
A sensible first step for a firm that isn't yet certain if its ERP requirement would best align with the requirements for PSG, EDG or ADS.
8. SME Digital Tech Hub
Parallel to CTOaaS but targeted at businesses more advanced in digital transformation: advisory specialist in Big Data, information security and IoT, relationships with the appropriate ICT partners and consultants, as well as workshops and technical clinics. While CTOaaS is the initial level diagnostic, the Digital Tech Hub is something akin to on-going technical advisory for businesses moving beyond the basics and implementing a more sophisticated integration - such as a link between an ERP and warehouse automation or a CDP.
9. SkillsFuture Enterprise Credit and the incoming Workforce Development Grant
A failure scenario, particularly in ERP projects, that is a common story is implementing a new system and then half the finance staff continues to maintain a separate, "shadow" spreadsheet, simply because they never grew accustomed to the new workflow. The SkillsFuture Enterprise Credit provides more substantial subsidies for the company's transformation efforts and employee training to the enterprise who meets set workforce and CPF contribution criteria and this credit can also stack with other grants like EDG for employers eligible for this other grant, and finally has the Enterprise Singapore announced an overhauled scheme called the SkillsFuture Workforce Development Grant, to be rolled out as part of Enterprise Workforce Transformation Package in December 2026, which offer employers one common channel to apply for workforce transformation grant support and fresh credit allowance per company. In a digital transformation project context, this refers to funding for training, allowing the technology investment to not go down the drain.
10. Enterprise Financing Scheme – SME Fixed Assets (EFS-FA)
The only tool in Grant Focused write-ups they always somehow fail to list (as it's a financing tool not a grant that won't fit a ‘free money’ listicle). The EFS-FA is there to help organisations access loans for the financing of equipment and machinery used in automation, upgrades, at home or abroad. Starting 1 April 2026, the loan limits for EFS-FA are revised to a single overall Borrowing Group maximum of S$50 million across all EFS loan facilities. If you've got a digitisation project and the cap of PSG S$30K or grant % under EDG still leaves a huge gap then this is how you cover the remaining gap, often for hardware-intensive automation and software solutions.
Reading this list by where you actually are
The cheapest option, if you're still figuring out your requirements, and the one to undertake before talks with any vendor: CTOaaS; or, if you've established the need and it's a common system and on the pre-approved list: PSG directly; for something custom or more involved (multi-entity etc): EDG and be sure to have read up about EDG's eligibility criteria and how the mechanics apply before engaging with a vendor; if the tech plan hinges on an unavailable workforce (DLP and the workforce grants come into play); finally if the co-funded amounts don't sum up sufficiently to cover the project itself then EFS-FA bridges the gap.
Specifically on the ERP front, regardless of which grant applies, the vendor is still doing the lion's share with its own prior execution as EDG has provisions directly considering provider capability. Here again, an Odoo implementer like SerpentCS offers localization for Singapore's requirements of GST and IRAS-compliant reporting and, coupled with CP For Payroll, is a good indicator to look for with any ERP vendors in the market, aside from the delivery history that bolsters your grant proposal.
The practical takeaway
10 schemes are being managed by the Singapore Digital Transformation office – that is quite a lot to try and get your head round and you really don’t need the whole list for a single project. The key message is that there are plenty of avenues to help your digitisation, and help extends beyond a simple co-funding percentage tied to the sale of your software. It can cover consultancy in the initial planning phase, cash in the till for the software itself, funding for your workforce to get to grips with the software and loans for anything that cash cannot cover. So when you work out your project plan, cross-referencing it against the entire suite of possibilities rather than just jumping at the first grant that your software vendor tells you about, can lead to a significantly better result.
FAQ
PSG covers pre-approved, largely off-the-shelf IT solutions and equipment, things you can find and apply for directly through the GoBusiness Gov Assist catalogue. ADS is aimed at more sophisticated, integrated digital solutions that go beyond PSG's catalogue, such as deeper analytics or system and channel integration, but it isn't something an individual SME applies for directly. It's accessed only through Calls for Proposals (CFPs) submitted by industry partners, vendors, trade associations, or chain leaders.
No. Per IMDA's own description quoted in the blog, ADS support is offered to proposals submitted via CFPs by industry partners, not directly by individual SMEs. A business typically benefits from ADS by taking part in a solution that an industry player has already proposed and had approved, rather than submitting its own application. The blog also notes there are currently no open CFPs, so if a vendor claims their ERP solution is "directly applicable" under ADS, it's worth asking which specific call they're proposing it under.
The blog describes CTOaaS as starting with a free digital readiness self-assessment on IMDA's website, and beyond that, businesses can access subsidised one-to-one consultancy from government-appointed digital consultants. The blog doesn't specify a size threshold or eligibility restriction, framing it instead as a sensible first step for any firm unsure whether its ERP requirement fits PSG, EDG, or ADS, calling it "the lowest friction entry point" on the list.
Yes. The blog states this credit "can also stack with other grants like EDG" for employers who meet the relevant workforce and CPF contribution criteria. The idea is that SkillsFuture Enterprise Credit funds the training side (getting staff to actually use a new system properly) alongside EDG funding the ERP implementation itself.
A loan, not a grant. The blog is explicit that EFS-FA is a financing tool that helps businesses access loans for equipment and machinery used in automation or upgrading, which is exactly why it explains most "grant-focused" articles leave it out, it doesn't fit a free-money listicle. It's positioned as the way to bridge the gap when PSG's S$30,000 cap or EDG's grant percentage doesn't cover the full project cost.
The blog implies a project can reasonably draw on more than one, since it frames PSG, EDG, and MRA as addressing different parts of a project (the software itself, a larger custom transformation, and overseas expansion costs respectively) rather than mutually exclusive options. MRA specifically is described as often sitting "alongside" an ERP or e-commerce rollout when the underlying driver is regional growth, since MRA itself doesn't fund the technology.
Not all of them, and not yet. EDGE is confirmed to consolidate PSG, EDG, and MRA specifically into one activity-based application. It hasn't launched yet (no confirmed launch date beyond "second half of 2026" per the blog), and Enterprise Singapore hasn't published funding percentages or categories for digitalisation-type activities under it. The other schemes on the list, ADS, DLP, CTOaaS, SME Digital Tech Hub, SkillsFuture Enterprise Credit/Workforce Development Grant, and EFS-FA, aren't mentioned as being folded into EDGE.
