About this programme
The Productivity Solutions Grant (PSG) helps Singapore companies improve their productivity and automate existing processes through IT solutions and equipment.
- Retrospective applications (i.e., grant applicant must not have made payment, and/or any form of deposits prior to application submission) are not permitted.
- Group applications (two or more companies listed as applicants in one application form) are not allowed. Each Unique Entity Number (UEN) should be associated with only one application submission.
Eligibility
To be eligible for the PSG grant, the company must meet these criteria:
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
Step 3: Prepare your documents
As part of the PSG application, you will be required to submit the following documents:
Step 4: Apply on the Business Grants Portal (BGP)
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 FAQ page on how to resubmit clarifications for your ongoing applications.
Third party companies are not allowed to apply or manage the grant on behalf of applicant companies.
-
Documents/information to prepareContact 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 claimYou 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 will only be made after claims approval.
- You are encouraged to register for PayNow Corporate with your UEN +3 alphanumeric suffix (if applicable) through your respective banks in three simple steps:
- Contact your bank or log in to your bank’s internet banking or mobile banking app.
- Link your UEN to the bank account. You can add a 3-digit alpha-numeric suffix to your UEN to create multiple PayNow proxies.
- Enter your name to complete the setup.
- Once your PayNow Corporate account is set up, submit your details via Business Grant Portal (BGP) claim form.
- With PayNow Corporate, grant applicants can receive their grants faster, within 14 working days after approval of claims.
- Alternatively, you can also receive disbursements via GIRO. For payments via GIRO, kindly submit your bank account details via FormSG here. Do note that disbursement via GIRO may take up to eight weeks after approval of claims.
- In the event that no PayNow Corporate or GIRO has been set up, we are unable to disburse the claim.
Ready to apply?
If you are eligible for the Productivity Solutions Grant, submit your application on the Business Grants Portal (BGP) now.
Need additional help?
For assistance, kindly contact us at go.gov.sg/askenterprisesg.