Use this guide to decide between SRG and EEG for your sustainability initiatives. These grants serve completely different purposes—one is for reporting compliance, the other is for equipment purchases.
Read This First
- Different grant types: SRG funds sustainability reporting projects; EEG funds equipment purchases.
- Different company profiles:
- SRG = Large companies (SGX-listed OR S$100M+ revenue)
- EEG = SMEs in eligible sectors (turnover up to S$500M)
- Don’t confuse the support levels:
- SRG = 30% of eligible costs, capped at S$150K
- EEG Base Tier = 70% (SMEs) or 30% (non-SMEs), capped at S$30K
- EEG Advanced Tier = Up to S$350K for high-impact projects
- Critical timing rule: Both require application BEFORE starting the project or making any payment/signing contracts.
Quick Decision Matrix
| SRG | EEG | |
|---|---|---|
| First ISSB sustainability report | ✓ | — |
| External consultancy for ESG reporting | ✓ | — |
| Third-party assurance services | ✓ | — |
| ESG software and tools | ✓ | — |
| Sustainability training for staff | ✓ | — |
| Energy-efficient kitchen equipment | — | ✓ |
| LED lighting upgrades | — | ✓ |
| Air-conditioning system upgrades | — | ✓ |
| Commercial refrigeration | — | ✓ |
| Electric vehicles / forklifts | — | ✓ |
Legend: ✓ = Use this grant | — = Not applicable
At a Glance
| SRG | EEG | |
|---|---|---|
| Support rate | 30% | 70% (SME) / 30% (non-SME) |
| Maximum cap | S$150,000 | S$30K (Base) / S$350K (Advanced) |
| Target companies | SGX-listed or S$100M+ revenue | SMEs in eligible sectors |
| Local equity required | 30% | 30% (except maritime/data centres) |
| Turnover limit | None | Up to S$500M |
| Valid period | Until 31 Jan 2030 | Until 31 March 2026 |
| Agency | EnterpriseSG | EnterpriseSG / sector agencies |
| Applications per company | One only | Multiple allowed |
Decision Flow
Step 1: What do you need funding for?
Are you preparing a sustainability report (ISSB compliance) or purchasing energy-efficient equipment?
Step 2: Confirm your eligibility
SRG: Listed Companies
SGX-listed (non-STI constituent), preparing first ISSB report before mandatory deadline
- Non-STI listed companies
- Companies with >S$1B market cap (deadline: FY2028)
- Other listed (deadline: FY2030)
SRG: Large Non-Listed Companies
S$100M+ annual revenue, preparing first ISSB report
- Revenue S$100M-S$1B
- Revenue >S$1B with assets >S$500M (mandatory FY2030)
EEG: Food Services / Retail
F&B outlets or retail stores with valid tenancy, SSIC 47 or 56
- Restaurants
- Cafes
- Retail stores
- Food courts
EEG: Manufacturing
Manufacturing companies including food manufacturing, SSIC 10-32
- Food processing
- Electronics manufacturing
- Precision engineering
EEG: Construction / Maritime
Construction companies (SSIC 41-43) or MPA-licensed harbourcraft operators
- Building contractors
- Port operators
- Harbourcraft companies
Who Qualifies for Which Grant?
SRG Eligibility
- Singapore-incorporated business entity
- Either: Listed on SGX (non-STI constituent) OR annual revenue of at least S$100 million
- Preparing first sustainability report with ISSB-based climate disclosures
- Before mandatory compliance deadline (varies by company type)
- At least 30% local equity (or apply via EDB if below)
- NOT eligible: STI-constituent companies, companies already publishing ISSB reports
EEG Eligibility
- Registered and operating in Singapore
- Group annual turnover up to S$500 million
- At least 30% local shareholding (waived for maritime and data centres)
- Operating in eligible sectors: Construction, Data Centres, Food Services, Manufacturing, Maritime, Retail
- NOT eligible: Charities, government agencies, home-based businesses, religious entities
Common Scenarios
- “We’re a listed company preparing for mandatory ESG reporting” → SRG (30% up to S$150K for consultancy, assurance, training)
- “We want to upgrade our restaurant’s kitchen equipment” → EEG (70% up to S$30K for pre-approved equipment)
- “We need to hire a consultant for our first sustainability report” → SRG (covers external consultancy costs)
- “We’re replacing old air-conditioning in our retail store” → EEG (check pre-approved equipment list on GoBusiness)
- “Our manufacturing plant needs more efficient machinery” → EEG Advanced Tier (up to S$350K if >350t lifetime carbon abatement)
- “We’re a startup wanting to be more sustainable” → Likely neither (SRG requires S$100M+ revenue; EEG requires eligible sector and equipment type)
Key Differences in Process
SRG Application Process
- Prepare financial statements and vendor quotations
- Apply via Business Grants Portal before project starts
- Receive Letter of Offer with project qualifying period
- Complete project and publish sustainability report
- Engage external auditor for claim verification
- Submit claim with audit verification
EEG Application Process
- Check pre-approved equipment list on GoBusiness
- Obtain quotations (do not sign contract or pay)
- Apply via Business Grants Portal
- After approval, purchase and install equipment
- Submit claim within one year with photos and receipts
Before You Apply
- Check timing carefully:
- SRG: Projects cannot have commenced before application
- EEG: No payment or signed contracts before application date
- Verify equipment eligibility (EEG): Only pre-approved equipment qualifies for Base Tier
- Understand the caps:
- SRG: One application per company, S$150K total cap
- EEG: Multiple applications allowed, but S$30K cap per grant period (Apr 2024 - Mar 2026)
- Document everything: Both grants require detailed receipts, contracts, and proof of payment
- Cannot combine for same expense: These grants fund different activities, so overlap is unlikely
Related Guides
- Sustainability Reporting Grant (SRG) — full eligibility, compliance timelines, and claiming process
- Energy Efficiency Grant (EEG) — detailed guide on eligible sectors, equipment, and tiers
- Grant Pitfalls Guide — common mistakes to avoid
- Singapore Grants Glossary — key terms explained
- Corppass Setup Guide — how to set up BGP access
Official Links
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