Boost Your Business with the Enterprise Development Grant (EDG) for Odoo Implementation in Singapore
In today’s fast-moving business environment, many companies are turning to digital tools to stay competitive, improve efficiency and scale sustainably. If you’re exploring a powerful and cost-effective ERP (Enterprise Resource Planning) system like Odoo, the good news is you don’t have to go it alone.
The Enterprise Development Grant (EDG), offered by Enterprise Singapore, provides substantial financial support to local businesses investing in strategic projects like Odoo implementation.
Whether you’re looking to automate processes, manage inventory better, or improve customer engagement, the EDG can help offset a large portion of your project costs making your digital transformation more attainable.
What is the Enterprise Development Grant (EDG)?
The EDG supports Singapore-registered companies in strengthening core capabilities, innovation, and market access. For Odoo implementation projects, it typically falls under these two grant pillars:
Is Your Business Eligible for the EDG?
To apply for the EDG for an Odoo implementation, your company must:
- Be registered and operating in Singapore
- Have at least 30% local shareholding
- Be in a financially viable position to start and complete the project
- Ensure the project is new (not already started before application)
These criteria ensure that support is given to businesses genuinely looking to transform and grow sustainably.
What Odoo Implementation Costs Are Covered by the EDG?
The Enterprise Development Grant (EDG) can cover up to 50% of qualified project costs. This support helps reduce the upfront investment required for implementing business solutions and encourages companies to digitalise and upgrade capabilities. For sustainability-related projects, enhanced support of up to 70% is available until 31 March 2026.
Steps to Get Started with EDG for Your Odoo Project
If you’re considering Odoo and want to tap on EDG support, here’s a quick overview of how to get the ball rolling:
- Assess Your Business Needs
Start by identifying your operational challenges — are you duplicating data entry, managing multiple systems, or lacking visibility into operations? These will help define which Odoo apps are relevant to you.
- Engage an Odoo Implementation Partner
Work with an experienced partner like Accentuate Pte Ltd to plan the project. We’ll help you select the right modules (e.g. Sales, Inventory, Accounting, HR), recommend relevant customisations, and outline a phased implementation roadmap.
- Prepare Your EDG Application
Applications are submitted via the Business Grants Portal (BGP). You’ll need:
- A clear explanation of business challenges
- A proposed solution using Odoo
- Cost breakdown and implementation plan
- Expected business outcomes (e.g. time saved, error reduction, productivity gains)
Our team can guide you through the application process.
- Submit and Wait for Approval
EDG applications typically take 8–12 weeks to process. You must wait for formal approval before starting the project — starting earlier will make your project ineligible.
- Begin Your Odoo Implementation
Once approved, implementation begins. Projects can range from a few months (for simpler rollouts) to 6–12 months for more complex needs. We handle everything from deployment and training to post-launch support.
Partner with Accentuate for Odoo Success in Singapore
At Accentuate Pte Ltd, we specialise in helping Singapore businesses successfully implement Odoo from project scoping, customisation and setup to ongoing support.
As part of our service, we’ll guide you through the EDG grant application process to ensure a smooth and compliant submission. From preparing the required documentation to structuring your project proposal, our team is here to help you maximise your chances of approval and reduce upfront costs.
We understand the unique needs of SMEs in Singapore and are committed to delivering solutions that bring real business value.
Frequently Asked Questions (FAQ)
Q1: What are the benefits of using Odoo with the EDG Grant?
Odoo helps improve operational efficiency, centralise business functions, reduce manual work, and support growth. When paired with EDG funding, you reduce implementation cost while boosting long-term ROI.
Q2: Which Odoo modules are typically covered?
EDG typically supports costs for modules like Accounting, Sales, Purchase, Inventory, HR, CRM, Marketing, and Manufacturing — including any necessary configuration and training.
Q3: Can I customise Odoo to fit my processes and will EDG support that?
Yes. Customisations that improve business efficiency or productivity are often covered. However, they must be clearly justified and aligned with the project’s objectives.
Q4: What funding level can I expect?
As of 1 April 2023, eligible SMEs can receive up to 50% support for qualified costs. Sustainability-related projects can receive up to 70% funding by 31 March 2026.
Q5: How long will the whole process take?
The grant application takes about 2–3 months. Odoo implementation timelines depend on scope, typically ranging from 3 to 12 months depending on the requirements.
Q6: Will EDG applications be rejected?
The common reasons for the rejection of an EDG application include ambiguous business value, insufficient workforce outcomes, incomplete documentation, or initiating the project prior to grant approval.
