What is PSG?

Companies keen to improve productivity by adopting technology

solutions can now tap on this simplified grant.

1.Overwiew

a. About

What is the Productivity Solutions Grant (PSG)? The PSG is a grant that supports companies who want to utilize IT solutions and equipment for their business operations. PSG covers many IT solutions for various industries such as retail, construction, food, and more. It also covers solutions tailored specifically to various areas of business management and other processes and systems, such as customer management, inventory management, financial management, and more.

These solutions have been checked and approved by various government agencies such as Enterprise Singapore and National Parks Board (NParks).

Interested in getting the Productivity Solutions Grant? Firstcom Solutions is a PSG approved vendor and can assist you with your needs. With up to 80% funding support, PSG serves as an avenue for companies to make long-term technology investments. The list of readily adoptable solutions can be found on Tech Depot.

 

b. Eligibility

SMEs can apply for PSG if they meet the following criteria:

  • Registered and operating in Singapore
  • Purchase/lease/subscription of the IT solutions or equipment must be used in Singapore
  • Have a minimum of 30% local shareholding (for selected solutions only)

2.Apply

Here are the steps you can take when applying for PSG:

Visit Tech Depot on SME Portal 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 Grant Portal (BGP). You will need to register for a CorpPass account to transact on the portal.

For assistance, kindly contact us at (65) 6898 1800, email us at enquiry@enterprisesg.gov.sg or visit the SME Centres.