The fastest route to funding AI tools.
Pre-approved IT solutions and software. Pick from the approved vendor list, apply, and get reimbursed for up to half the cost. Simplest process, shortest turnaround.
The most flexible grant for serious AI projects.
Covers consultancy fees, software, and internal manpower costs. No pre-approved vendor list — your consultant must hold SAC certification (TR 43 / SS 680). Nick holds a PMC certification and can support your application directly.
Taking your business overseas.
Covers market entry costs when expanding into a new overseas market. Three activity categories: business development (S$50k cap), market set-up (S$30k), and promotion (S$20k). One activity per application.
The holistic grant for serious workforce transformation.
For AI transformation projects above S$500,000 that include tool development, workforce redesign, and staff reskilling — all under one grant. Requires forming a CTC (union or cluster level), signing an MOU/CA, and registering NTUC membership for all staff.
* EDG has an Investment Allowance cap of S$10M for automation projects. Standard projects have no fixed cap, subject to assessment.
Stack your grants.
Most companies leave money on the table by applying for only one grant. Different grants cover different cost lines — which means you can often layer them.
AI tool adoption + implementation
PSG funds the software subscription. EDG funds the consultant helping you implement and optimise it. They cover different cost lines — apply for both.
AI strategy + overseas expansion
EDG covers your strategy and process redesign. Once you're ready to expand overseas, MRA funds the market entry costs. Run them sequentially, not simultaneously.
Full AI transformation above S$500,000
EDG covers consultancy and systems work up to S$150,000. NTUC CTC covers AI tool development, workforce redesign, and staff training — holistically, at 70%. The most powerful combination for serious transformation.
The wider landscape
Other EnterpriseSG schemes worth knowing.
Beyond the four core AI-relevant grants above, EnterpriseSG runs a dozen more financial-support schemes for Singapore SMEs. Not all are AI-relevant, but several stack well alongside PSG, EDG, MRA, or CTC. Last synced from enterprisesg.gov.sg on 2026-06-01.
Loan · EFS
Enterprise Financing Scheme
Government-backed loans across business growth stages — working capital, trade financing, project loans, M&A.
Loan
EFS – Green
Green financing for sustainable solutions development. Selected sectors and solutions only.
Loan
EFS – Mergers & Acquisitions
Financing for acquiring overseas or local enterprises to expand your business footprint.
Loan
EFS – Project Loan
Financing for local and overseas projects — capital, equipment, and guarantees.
Loan
EFS – SME Fixed Assets
Financing for investments in domestic and overseas fixed assets.
Loan
EFS – Foreign-based Financial Institutions / MDB
Overseas financing channels through partner banks and multilateral development banks.
For the full and most current list, visit EnterpriseSG financial support.
Work with Nick
Not sure which grant fits your situation?
I hold a PMC certification and have worked with companies navigating all four of these grants. I help you identify the right one, frame the project correctly, and avoid the mistakes that get applications rejected. One conversation can save months of back-and-forth.
Side-by-side comparisons
Compare two grants
PSG by industry
AI PSG Grant Singapore — by sector
AI SME Grant Singapore
Frequently asked questions
An AI SME grant in Singapore is government funding that helps small and medium enterprises subsidise AI adoption costs. The four main grants are PSG (50% subsidy for pre-approved AI tools), EDG (50% for custom AI builds at IDP Stage 2/3), MRA (70% for entering new overseas markets), and NTUC CTC (70% across equipment, software, consultancy and training when transforming around impacted staff).
Choose PSG if you want to deploy an off-the-shelf AI tool quickly (2-6 weeks, S$30k cap). Choose EDG if you need a custom build that maps to Stage 2 or Stage 3 of your sector's Industry Digital Plan. Choose CTC if the rollout transforms a function and requires equipment, software, consultancy and training around impacted staff. Most serious AI transformations stack all three in parallel.
Yes — stacking is common and recommended for serious AI transformation projects. The typical stack is PSG (off-the-shelf tool) + EDG (Stage 2/3 custom build) + CTC (4-component transformation around impacted staff). Scope must be cleanly separated so no individual cost is double-claimed across grants.
PSG: 2-6 weeks. CTC: 6-12 weeks. EDG: 3-6 months. MRA: 4-8 weeks. Total elapsed time for a stacked PSG + EDG + CTC application is typically 4-6 months from scoping to first claim.
EDG requires an appointed consultant. PSG and CTC do not require one, but having an experienced AI consultant in Singapore lifts first-pass approval rates from around 40% (DIY) to over 85% across our portfolio. Consultant fees are usually themselves grant-eligible.
Sources, copyright & accuracy
Last reviewed: 2026-06-01
Data sources. All factual content on this page — grant rules, subsidy percentages, caps, eligibility criteria, vendor listings, prices, application process steps — is sourced from official Singapore government websites including EnterpriseSG, IMDA, GoBusiness, SMEs Go Digital, NTUC, the Business Grants Portal and related Singapore Government agencies.
Copyright.Copyright in the underlying factual information (programme rules, vendor names, prices, eligibility criteria) belongs to the Government of Singapore and the respective administering agencies. This site does not claim ownership over that material — it is republished here as a consultant's working reference under fair-use practice for educational and advisory purposes. The original editorial commentary, analysis, opinions, recommendations, frameworks, comparisons, tools and visual presentation on this site are the author's own work.
Accuracy. Grant rules, vendor catalogues and pricing change frequently. This site syncs from official sources periodically (last sync date shown above per page). Information may be out of date by the time you read it. Always verify the latest details on the official EnterpriseSG, IMDA, NTUC or BGP pages before submitting any application or making a financial decision. Nothing on this site constitutes legal, financial, tax or grant-approval advice.
No affiliation. drnicktung.com is independently operated and is not affiliated with, endorsed by, or representing EnterpriseSG, IMDA, NTUC, the Government of Singapore or any listed grant vendor. References to government agencies and vendors are for editorial purposes only.
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