Product Development
$55.00 - $70.00
theAsianIR helps SMEs submit applications to realise Product Development Initiatives under the Enterprise Development Grant ("EDG")

Up to 70% is available to support your company develop innovative technology and products with the end goal of commercialisation.

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Quantity
Coming soon
Price
$55.00 - $70.00
Product Options
Grant Submission (Client's office)
Grant Submission (theAsianIR's office)
Quantity
1
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1) Overview
Today and into the future, companies that thrive are the ones that have strong business foundations and strategies, adopt technology and innovative processes, and grow their overseas presence. The Enterprise Development Grant (EDG) helps Singapore companies grow and transform. This grant supports projects that help you upgrade your business, innovate or venture overseas, under three pillars: core capabilities, innovation and productivity, market access
2) What is covered?
- Assessment of market viability
- Evaluation of potential demand and user understanding
- Development of product roadmap and proposed functionalities for the product
- Demonstration of market validation
- Development of commercialisation plan
- Review of IP considerations
- Development of prototype and small batch production, where relevant.
3) Who is covered?
SMEs: up to 50% for qualified software and equipment costs; up to 70% for all other qualified costs. 
Non-SMEs: up to 30% for qualified software and equipment costs; up to 50% for all other qualified costs.
4) Who is eligible?
Companies registered and operating in Singapore, with minimum of 30% local shareholding and financially viable to start and complete the project.
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