From 1 April 2022 onwards, the maximum support level will be up to 70%. For eligible pre-scoped solutions, enhanced support level of up to 80% will be extended from 1 April 2022 to 31 March 2023 for Food Services and Retail sectors.
Due to a large number of grant applications submitted in the first quarter of 2022, you may encounter a longer processing time than usual. To check on the status of your application, you may visit the Business Grant Portal here.
Technology is not about fancy and expensive high-end solutions. You can kick-start your technology journey by taking simple steps to automate existing processes and improve productivity. The Productivity Solutions Grant (PSG) supports companies keen on adopting IT solutions and equipment to enhance business processes.
For a start, PSG covers sector-specific solutions including the retail, food, logistics, precision engineering, construction and landscaping industries. Other than sector-specific solutions, PSG also supports adoption of solutions that cut across industries, such as in areas of customer management, data analytics, financial management and inventory tracking.
These solutions have been pre-scoped by various government agencies such as Enterprise Singapore, National Environmental Agency (NEA) and Singapore Tourism Board (STB).
The list of readily adoptable solutions can be found on GoBusiness Gov Assist. Applicants should consider their business needs to select the relevant and right-sized PSG support packages.
You may refer to the PSG Application Checklist for some tips on how to prepare for your PSG application process.
ESG supports companies’ adoption of PSG solutions up to the annual grant cap of S$30,000 per financial year. For your PSG applications to be qualified under the current financial year, please submit your applications before 31 March 2022. Eligible companies will have their annual grant cap refreshed at the start of the next financial year (1 April 2022).
SME should meet the following criteria:
Employers eligible for the SkillsFuture Enterprise Credits (SFEC) can also qualify for additional subsidies under the scheme.
Here are the steps you can take when applying for PSG:
Click here for a step-by-step guide, covering:
Note: There are no compulsory application fees required for schemes offered by ESG. Any application fees quoted by individuals/ firms offering grant application services are not endorsed by the Government.
For assistance, kindly contact us at +65 6898 1800, reach out to us at go.gov.sg/askenterprisesg or visit the SME centres.
Click here for frequently asked questions on PSG.
If you’d like to become a pre-qualified vendor for PSG IT Solutions, click here to find out more.
For more information about Enterprise Singapore’s suite of assistance tools, visit here.