Innovating for Sustainability Programme

Up to 70% Funding Support for SMEs, and 50% for non-SMEs

In Support of:

About ISP

The Innovating for Sustainability Programme (ISP) is designed to support Singaporean companies in their transition towards becoming more sustainable businesses. It provides essential resources and guidance for creating innovative solutions that seamlessly integrate sustainability into business operations.

Benefits

Better Performance

Experience efficiency, waste reduction, and improve stakeholder relationships. Meet the demands for eco-conscious products and services to attract a broader and loyal customer base.

Optimise Resources

Identify and implement effective strategies to reduce waste of resources and optimise material costs. Cultivate a culture of sustainable practices to benefit the company and its shareholders long-term.

Access to Funding

Attract green investments and qualify for Enterprise Development Grant (EDG). Leverage this funding to invest in your company and the world’s future.

New Opportunities

Companies that create innovative and sustainable solutions are well-positioned to seize new business opportunities in the green economy while effectively meeting the demands of consumers and corporate suppliers.

Attract Talents

Companies embracing sustainability demonstrate care for the environment and employee well-being, which can enhance employee retention and talent attraction.

Mitigate Risk

Be better prepared to meet the strict global requirement for environmental regulations and keep your reputation safe no matter what new sustainable policies are implemented.

EDG Grant

The Enterprise Development Grant (EDG) can cover up to 70% of project costs for SMEs and 50% for non-SMEs. To be eligible, your company must meet the following criteria:

Be registered and operating in Singapore
Have a minimum of 30% local shareholding
Have a turnover of less than S$100 million, OR employment size of not more than 200 employees
Be financially prepared to start and complete the project