What is Productivity Solutions Grant (PSG)?
The Productivity Solutions Grant (PSG) is a new initiative, coordinated by MTI’s Grants Management Office (GMO) and administered by the relevant agencies, to assist businesses in its transformation journey. Aligned to the Industry Transformation Maps (ITMs), PSG provides support for the adoption of IT solutions and equipment that have been pre-scoped by the industries’ lead agencies.
As part of the Government’s efforts to simplify the overall grant landscape, PSG streamlines existing grant schemes with pre-scoped solutions into one. Businesses that wish to undertake productivity solutions will only need to apply for support under one grant scheme. PSG also aims to better support businesses in the next phase of transformation, which may require more substantial investments and longer term commitments.
As announced at Budget 2018, the support for pre-approved solutions under the SMEs Go Digital programme is amongst the first few to be streamlined into PSG.
PSG will be available on the Business Grants Portal (www.businessgrants.gov.sg) from 1st April 2018.
For more information on PSG, please visit SME Portal at or contact SME Infoline at 6898 1800.
I am a SME. How will it affect me under SMEs Go Digital?
SMEs can continue to purchase pre-approved digital solutions from the solution providers. From 1st April 2018, the affected solution providers will direct their SME clients to apply the grant support under the PSG in the Business Grants Portal (www.businessgrants.gov.sg). If you require further assistance, please contact firstname.lastname@example.org.
I am an ICM Vendor. How will it affect me under SMEs Go Digital?
IMDA is the agency appointed to pre-approve the pre-scoped digital solutions required in the PSG under the SMEs Go Digital. Interested ICM Vendors can continue to seek for pre-approval of their digital solutions with IMDA.
If your solutions are successfully pre-approved, they will be published under PSG support in Business Grants Portal (www.businessgrants.gov.sg) from 1st April 2018.
For more about the pre-approval process, click here.
If you require further clarifications, please attend the next vendor briefing. The schedule of these regular briefings is published here. You may also contact email@example.com for other assistance.