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Productivity Solutions Grant (PSG)

This grant helps companies adopt technology solutions to improve productivity and enhance business processes.
Benefits
From 1 April 2023 onwards, the maximum support level will be up to 50%.
Eligibility

You are:

  • A Singaporean Small and Medium Enterprise (SME) looking to continue your digitalisation and productivity upgrading efforts.

 

You need to:

  • Be registered and operating in Singapore;
  • Have a least 30% local shareholding (for selected solutions only);
  • Company’s Group annual sales turnover should be not more than S$100 million, OR Company's Group employment size should be no more than 200 employees
  • Purchase/lease/subscribe the IT solution(s) or equipment(s) to be used in Singapore.
Critical information

What is covered:

  • Sector-specific solutions1 including retail, food, logistics, precision engineering, construction and landscaping industries.
  • Solutions that cut across industries such as customer management, data analytics, financial management and inventory tracking.

1. These solutions have been pre-scoped by various government agencies such as Enterprise Singapore (ESG), National Environmental Agency (NEA) and Singapore Tourism Board (STB).

The list of readily adoptable solutions can be found on GoBusiness Gov Assist here. Applicants should consider their business needs to select the relevant and right-sized PSG support packages.
What to expect when applying
  • Visit GoBusiness Gov Assist to access the list of supportable solutions and identify relevant solutions that best suit your business needs.
  • For IT solutions: Get a quotation from the pre-approved vendor;
    For equipment:
    Source for the equipment and get a quotation from the vendor.
  • Submit an application on the Business Grants Portal (BGP) using a Singpass account.
Documents you'll need for your application
  • Quotation from pre-approved vendor;
  • Completed application form on BGP.
Useful links

For more details about the grant: Productivity Solutions Grant (PSG)

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