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Glossary · 40 terms

Singapore AI grant glossary.

PSG. EDG. CTC. MRA. BGP. Corppass. GoBusiness. EDGE. Every Singapore AI grant term you need to know, defined clearly. Updated for 2026.

Grants

Grants (12)

Productivity Solutions Grant

PSG

Enterprise Singapore grant covering up to 50% of qualifying costs for pre-approved AI tools and equipment from the GoBusiness catalogue. Capped at S$30,000 per company per grant year (April-March). Approval typically 2-6 weeks.

Full PSG playbook

Enterprise Development Grant

EDG

Enterprise Singapore grant for deeper, custom transformation projects. Up to 50% subsidy for SMEs (30% for non-SMEs), no fixed cap, six-figure budgets common. Requires an appointed consultant. Approval typically 3-6 months.

Full EDG playbook

Company Training Committee Grant

CTC

NTUC/e2i grant funding workforce transformation around AI — retraining staff, redesigning roles, change management. Up to 70% subsidy, the highest of any Singapore AI grant. Requires forming a Company Training Committee.

Full CTC playbook

Market Readiness Assistance

MRA

Enterprise Singapore grant funding overseas market expansion — including AI-enabled internationalisation. Up to 70% subsidy per market (effective 1 April 2026, enhanced from 50%), capped at S$100,000 per company per new market. Three pillars: Promotion (S$20k), Business Development (S$50k), Set-Up (S$30k).

MRA Grant playbook

Career Conversion Programme

CCP

Workforce Singapore (WSG) programme providing up to 90% salary support for reskilling mid-career new hires or existing employees into growth job roles. Three modes: Place-and-Train, Attach-and-Train, Job Redesign (JR) Reskilling. Covers ~30 sectors. SFEC-supportable.

CCP playbook

Part-Time Re-Employment Grant

PTRG

WSG grant providing up to S$125,000 per company to employers offering part-time re-employment, flexible work arrangements, and Structured Career Planning to senior workers aged 60+. Requires TS-AWP adoption and SCP workshop attendance by senior management + HR.

PTRG playbook

Double Tax Deduction for Internationalisation

DTDi

EnterpriseSG tax incentive (not a cash grant) allowing 200% deduction on qualifying overseas expansion expenses. From YA 2027, automatic claim on first S$400,000 of eligible expenses per company per year for most activities — no pre-approval needed. Pairs naturally with the MRA cash grant.

DTDi playbook

Business Adaptation Grant

BizAdapt

EnterpriseSG grant for Singapore companies impacted by tariff measures. Up to 70% SME co-funding (50% non-SME) on advisory (FTA, legal, supply chain) plus reconfiguration costs. Capped S$100k per enterprise. Four supportable activities; pre-approved vendors for advisory tracks.

BizAdapt playbook

SkillsFuture Enterprise Credit

SFEC

EnterpriseSG auto-issued S$10,000 credit covering up to 90% of out-of-pocket cost on PSG/EDG/MRA/training. No application required — qualified employers were notified via Corppass. Expires 30 November 2026.

SFEC playbook

Energy Efficiency Grant

EEG

EnterpriseSG co-funding for energy-efficient equipment. Base tier S$30k (70% SME subsidy, pre-approved equipment); advanced tier up to S$350k (custom equipment with >350t lifetime carbon abatement). 6 sectors as of 2026, expanding to all.

EEG playbook

EDGE Scheme

EDGE

Enterprise Development & Growth Edge — Budget 2026 announcement consolidating PSG, EDG, and MRA into a single streamlined scheme. Expected launch 2H2026. PSG/EDG/MRA applications remain available through BGP until then.

Budget 2026 changes

Champions of AI Programme

Budget 2026 initiative combining grant funding, structured training, and AI vendor matching for Singapore SMEs committed to AI adoption. Specifics being finalised by IMDA.

Agencies

Agencies (7)

Enterprise Singapore

EnterpriseSG / ESG

Singapore government agency for enterprise development. Administers PSG, EDG, MRA, and most SME-facing grants. Sets eligibility rules and approves applications.

Infocomm Media Development Authority

IMDA

Singapore statutory board governing infocomm and media. Manages the PSG IT solution pre-approval list, the Champions of AI Programme, and digital transformation initiatives.

National Trades Union Congress

NTUC

Singapore's national federation of trade unions. Co-administers the CTC Grant via its training arm.

Employment and Employability Institute

e2i

NTUC arm focused on workforce capability uplift. Operational administrator of the CTC Grant and related workforce programmes.

Singapore Food Agency

SFA

Supports PSG categories for the Food sector — aquaculture, food manufacturing, food services-specific equipment.

Building and Construction Authority

BCA

Supports PSG categories for the Built Environment sector — BIM coordination, regulatory model checkers.

Early Childhood Development Agency

ECDA

Supports PSG categories for the Early Childhood sector — pre-school management systems, e-enrolment forms.

Process

Process (8)

Business Grants Portal

BGP

Online portal at apply.gov.sg/grants/business where Singapore businesses submit and track PSG, EDG, MRA applications. Requires Corppass authentication.

Open BGP

GoBusiness

Singapore government portal at gobusiness.gov.sg. The PSG pre-approved solutions directory has migrated to the SMEs Go Digital portal at smesgodigital.gov.sg/web/essential-business-solutions — the current source of truth for PSG-eligible vendors.

Browse PSG vendors

SMEs Go Digital

SMEsGD

Singapore portal at smesgodigital.gov.sg/web/essential-business-solutions hosting all 593 PSG pre-approved AI solutions and equipment. Replaced the older IMDA / GoBusiness PSG directory in 2026. This is the authoritative list — only solutions on this portal are PSG-eligible.

Browse PSG vendors

Corppass

Singapore's corporate digital identity for businesses transacting with government agencies. Required to access BGP and submit grant applications.

Corppass setup

Letter of Offer

LOO

Official notification from the grant agency confirming approval and stating the approved grant amount, scope, and milestones. You can only sign vendor contracts AFTER receiving the LOO — pre-payment disqualifies the application.

Grant Year

For PSG, the funding period runs 1 April to 31 March the following year. The S$30,000 per UEN cap resets every 1 April.

Claim Window

The period after Letter of Offer during which you must submit proof of payment, invoices, and deployment to claim reimbursement. Missing it forfeits the funding.

Pre-Approved Vendor List

Official list of vendors and solutions vetted by Enterprise Singapore for PSG funding. Hosted on GoBusiness, sector-segmented. You can only use vendors from this list for PSG — non-listed vendors are not PSG-eligible.

Documents

Documents (5)

ACRA Business Profile

Official business profile issued by Singapore's Accounting and Corporate Regulatory Authority (ACRA). Required for all grant applications to verify business registration, shareholding, and key personnel.

Itemised Vendor Quotation

Detailed quote from a pre-approved vendor showing the solution, line items, pricing, and PSG-eligible amount. Required for PSG submission. Must explicitly state the AI tier when applicable.

PSG Annex 3

Form specifying the supportable cost items for a PSG application. The quotation must match Annex 3 exactly — mismatches are a common rejection reason.

IR8A

Singapore annual employment income return. PSG HRMS applications often verify employee count via IR8A data. Manage your payroll software to produce compliant IR8A.

GST F5

Singapore quarterly GST return. AI accounting solutions on the PSG list typically auto-generate F5 returns directly from bookkeeping data.

Concepts

Concepts (8)

Grant Stacking

Claiming multiple grants in parallel for different scope components of the same transformation project. Most common: PSG (off-the-shelf tool) + EDG (IDP Stage 2/3 custom build) + CTC (equipment, software, consultancy and training around impacted staff). Scopes must be cleanly separated so no individual cost is double-claimed.

Effective Subsidy

Total grant funding divided by total project cost, expressed as a percentage. A well-stacked PSG + EDG + CTC transformation typically lands at 55-60% effective subsidy.

Calculate your effective subsidy

SME (Small and Medium Enterprise)

Singapore SME definition: annual revenue under S$100 million OR fewer than 200 employees. PSG and EDG SME tier eligibility hinges on this. Non-SMEs receive lower EDG subsidy (30% vs SME's 50%).

Local Shareholding

Percentage of the company owned by Singapore citizens or PRs. Many grants require 30%+ local shareholding; some PSG solutions have looser requirements.

UEN (Unique Entity Number)

Singapore's standard identifier for business entities. The PSG S$30k cap is per UEN per grant year. Group companies with multiple UENs each have separate caps but caseworkers screen for duplicate claims across related entities.

AI Tier

Many PSG-approved vendors offer non-AI and AI versions of the same solution. Only the AI tier qualifies for PSG when the application is scoped around AI-enabled productivity uplift. Always quote the AI tier explicitly.

Capability Uplift

Demonstrable improvement in business capability — typically the core narrative for EDG applications. Generic 'digital transformation' framing rarely lands; specific measurable uplift does.

Role Redesign

Fundamentally changing how a role works around new AI capabilities. The core deliverable for CTC applications. Generic training without role redesign is harder to scope as CTC-eligible.

Stuck on terminology?

Talk to someone who's shipped these grants.

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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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