What is the eligibility criteria for EEG (Advanced)?2

A company that meets all the following criteria can apply for the EEG (Advanced):
- Business entity registered and operating in Singapore in the following sectors:
- Construction companies that are classified under SSIC 41 - 43
- Manufacturing companies that are classified under SSIC 10 to 32 (including Food Manufacturing)
- Maritime companies which include:
- Port Port companies classified under SSIC 23940, 24109, 49231, 50021, 50023, 52101, 52221, 52222, 52224, 52243, 52292
- Port Port companies classified under SSIC 23940, 24109, 49231, 50021, 50023, 52101, 52221, 52222, 52224, 52243, 52292
- Has a minimum of 30% local shareholding3
- Employ at least one local employee at the firm-level4
- Has a Group Annual Sales Turnover no more than S$500 million5
The following entities do not qualify for grant support:
- Charities
- Institutions of Public Characters (IPCs)
- Religious entities
- Voluntary Welfare Organisations (VWOs)
- Government agencies and subsidiaries
- Co-operative societies and societies
2 Companies may be requested to furnish supporting documents as part of the grant application process.
3 For maritime companies, business entities need not have a minimum of 30% local shareholding criteria.
4 Maritime companies should employ at least one local employee at the group-level.
5 SME is defined as having:
- Group Annual Sales Turnover of not more than S$100 million; or
- Group Employment Size of not more than 200 workers
This information is sourced from GB
Need more help?
Get in touch