Drive Innovation and Boost Productivity
At Bluehive Consulting, we help businesses transform and optimize their operations through innovation, automation, and process improvement. The Enterprise Development Grant (EDG) supports projects that enhance efficiency, develop innovative products, and redesign processes to boost productivity. From 1 April 2023 to 31 March 2026, SMEs can receive up to 50% funding for eligible project costs, helping them adopt the necessary technologies and strategies to thrive in a competitive market.
This grant is ideal for businesses looking to optimize resource usage, improve workflows, and stay ahead of industry trends by implementing new technologies and systems.
Automation is essential to scaling productivity and reducing operational bottlenecks. Bluehive Consulting works with businesses to adopt or develop sophisticated hardware and software solutions. Our services include:
Developing custom automation strategies to streamline operations
Supporting the purchase and integration of machinery and technology
Training staff to deploy and manage these new solutions effectively
By automating processes, businesses can achieve higher efficiency, lower costs, and maintain consistent quality.
Process redesign enables businesses to stay agile by removing redundant workflows and optimizing current processes. At Bluehive, we help companies:
Review and streamline workflows to reduce waste and increase efficiency
Explore the use of technology to automate manual processes
Develop tracking systems for performance and productivity improvements
Establish metrics for measuring success and maintaining long-term performance improvements
Our process redesign services ensure your business runs smoother, adapts to market demands, and improves overall performance.
In today’s rapidly evolving markets, developing innovative products is crucial for maintaining a competitive edge. We guide businesses through the entire product development process, from ideation to execution. Our product development services include:
Assessing market viability and identifying opportunities
Evaluating potential demand and understanding user needs
Creating a product roadmap that outlines functionalities and features
Supporting the introduction of sustainable and innovative solutions
We help your business bring cutting-edge products to market that resonate with your customers and drive revenue.
Eligible businesses can receive up to 50% funding under the EDG to support projects related to automation, process redesign, and product development. Bluehive Consulting provides end-to-end support for your EDG projects, ensuring successful application, implementation, and measurable outcomes.
FAQs
This grant supports projects that aim to improve productivity, develop innovative solutions, and automate business processes to enhance operational efficiency.
Eligible SMEs can receive up to 50% of qualifying costs.
There is no official cap. However, the grant amount is typically correlated to your company’s annual turnover.
To qualify, your business must:
Ensure your group meets these criteria:
Generally, startups are not suitable for EDG and are supported under Startup SG. However, exceptions may apply for certain projects.
Sole proprietors or businesses with fewer than three employees may face challenges in qualifying. Consideration is given if there are plans to expand and hire more staff.
You can appeal by submitting additional supporting documents to Enterprise Singapore.
After project completion, submit your claims via the Business Grants Portal with:
Reimbursement is usually processed within a few weeks after claims are approved.
Commonly required documents include:
Applications are made via the Business Grants Portal. Collaborating with certified consultants like Bluehive can ensure your application is thorough and accurate.
The process typically takes 4 to 8 weeks, depending on the clarity and completeness of your application.
No, do not make any payments to vendors or consultants before receiving grant approval.
Yes, as long as your company has sufficient internal resources to manage each project.
SMEs can also explore the Productivity Solutions Grant (PSG) for pre-scoped IT solutions or the Startup SG programme for startups.
Work with experienced consultants like Bluehive to ensure your application is clear, comprehensive, and aligned with the grant objectives.
Enterprise Singapore (ESG) assesses and approves the applications.
At Bluehive, we are dedicated to helping businesses improve productivity and innovate through tailored strategies. Our experienced consultants work with you to optimize operations, develop new products, and leverage automation for long-term success.
Contact us today to find out how we can help you transform your business with support from the EDG Innovation and Productivity grant.