Productivity Solutions Grant

For local SMEs looking for IT solutions and equipment

Funds individual projects intended to improve productivity, limited to a pre-approved list of vendors.

Due to high volume of applications, you may encounter a longer processing time than usual. To check on the status of your application, please visit the Business Grants Portal here.

All successful applications will be subject to prevailing grant conditions. Incomplete applications will be rejected, and applicants may re-apply with all the complete set of required information.

Apply now

About this programme

The Productivity Solutions Grant (PSG) helps Singapore companies improve their productivity and automate existing processes through IT solutions and equipment.

Up to 50% of eligible costs for local SMEs
Receive up to $30,000 and improve your business productivity.
Sector-specific and generic solutions
Get support for sector-specific and generic solutions that are pre-approved by EnterpriseSG and other participating agencies.

Note: The previously-enhanced grant support levels were extended for a time-limited period given the exceptional disruptions brought about by the COVID-19 pandemic, to encourage the transformation of the economy and to help businesses emerge stronger from the pandemic.

Eligibility

Business entity registered and operating in Singapore
Company has at least 30% local equity held directly or indirectly by Singaporean(s) and/or Singapore PR(s), determined by the ultimate individual ownership
Company has a Group Annual Sales Turnover not exceeding S$100 million OR a Group employment size not exceeding 200 employees
Refer to this Annex for more information
IT solutions or equipment that are purchased, leased, or subscribed to must be used in Singapore
Company does not fall under these categories
Charities, Institutions of Public Characters (IPCs), Religious Entities, Voluntary Welfare Organisation (VWO), Government agencies and subsidiaries, and societies cannot apply for this grant.

Note: Employers eligible for the SkillsFuture Enterprise Credit can qualify for additional subsidies under the scheme.

How to apply

Identify relevant solutions that best suit your business needs

Visit GoBusiness Gov Assist to access a full list of adoptable solutions and identify the relevant solutions for your needs.

Get direct quotations

IT solutions: Get a quotation from pre-approved vendor
Equipment: Source for an equipment and get a quotation from the vendor
Consultancy services: Get a quotation from pre-approved consultant

Note: Only the actual purchase/hire cost of the pre-approved solution is supported (excludes other related administrative fees/charges e.g delivery fees, installation). There are no compulsory application fees required for schemes offered by EnterpriseSG. Any application fees quoted by individuals/ firms offering grant application services are not endorsed by the Government.

Submit application on Business Grants Portal (BGP)

You will need to sign in to your Corppass account to transact on the BGP portal. Sign up if you do not have a Corppass account yet, and refer to the following guides for any help needed:

You may refer to the PSG Application Checklist for the documents and information that you will need.

Third party companies are not allowed to apply or manage the grant on behalf of applicant companies.

Once you have applied, you should receive an update on your application about 6 weeks after submitting all required information.

Documents/information to prepare
Contact details

Main contact person

Letter of Offer addressee (CEO or Managing Director as registered with ACRA, or other authorised individuals.)

Proposal

Vendor name and details of equipment/ IT solution

Vendor’s quotation and other supporting licences or documents

Deployment location/ Tenancy agreement

Cost

Details of project cost

Business impact

Detailed description of overall impact

Details of productivity gains
Submitting your claim
You can submit claims for reimbursement by submitting all claim documents on the Business Grants Portal. Please ensure that your solution:

is purchased or subscribed as approved in the application

has been used for 30 days

has been paid in full
Receiving your disbursements
Disbursements can only be made after claims have been approved

From 1 February 2023, funds will be disbursed through PayNow Corporate. You are encouraged to register for PayNow Corporate with your UEN through your respective banks. You can submit your details through FormSG.

Access the EnterpriseSG PayNow Corporate Form