Receive up to 80% Funding + up to S$10,000 DRB Payout
Get up to 80% funding for your
E-Commerce Website with PSG Grant!
On April 1, 2018, the Singapore government launched the Productivity Solutions Grant (PSG), a grant that encourages businesses to adopt digital productivity solutions. With today’s technology and everyone going digital, PSG aims to help companies that are determined in adopting information technology solutions and equipment to amplify their business processes in order to be more effective and efficient in improving their productivity.
About the Productivity Solutions Grant (PSG)
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.
Requirements of PSG Grant
To apply for the PSG Grant, you are required to fulfil these conditions:
Does your business fit these requirements? Schedule a consultation now!
SMEs who are keen on adopting eCommerce solutions to enhance online sales revenue, especially for those online shop and marketplace.
To create convenient shopping experiences for your customers by being available 24/7. Increase your reach, broaden your brand and unlock new opportunities with a scalable solution that grows with your business without having to worry about physical locations. Spend less time on the administrative and repetitive tasks of managing a store like managing inventory, setting up payment gateways and updating prices — instead, free yourself to focus on running the business and engaging with your customers.
Not sure where to begin? Fret not! In just 4 easy steps, you can bring your own E-Commerce website to life!
Our team at Web Delegate is structured to take on complex projects.
From Mobile Applications to Customised Web Portals/Platforms to Retail POS linkup, we have plenty of experience in bringing ideas to reality.
PSG is a program under the Environmental Services Industry Transformation Map (ES ITM) designed to augment the operational efficiency and productivity of the ES industry through technology adaptation.
PSG covers sector-specific solutions including the retail, food, logistics, precision engineering, construction, and landscaping industries.
The Productivity Solutions Grant (PSG) also supports the adoption of a solution that cuts across industries, such as in areas of customer management, financial management, inventory tracking and data analytics.
Apart from that, COVID-19 business continuity solutions such as online collaboration tools, virtual meeting and telephony tools, queue management systems, and temperature screening solutions are included. These solutions are pre-scoped by various government agencies such as the National Environmental Agency (NEA), Enterprise Singapore (ESG), and Singapore Tourism Board (STB).
Charities, Institutions of Public Characters (IPCs), Religious Entities, Voluntary Welfare Organisation (VWO), and Government agencies and subsidiaries are not covered by this grant support.
If you have a Singaporean Small and Medium Enterprise (SME) looking to continue your digitalization and productivity upgrading efforts and you meet the criteria below, then yes you can.
Once your application is approved, the funding support will be raised to 80% of the qualifying cost from the 1st of April 2020 until the 31st of December 2020.
You may see the full list on Tech Depot.
No, it can’t. The equipment or IT solution should only be used by the applicant’s primary entity and not by a related party.
The holding period is one year from the date of final claim disbursement.
Apparently not. The information you have submitted to the PSG must not be different from your quotation.
The documents needed are as follows:
Sure, just the follow the steps below:
For companies supported by ESG, they are given an annual grant cap of S$30,000 starting the 1st of April until the 31st of March of the following year.
Companies that have fully availed of their grant caps will not be eligible for assistance within the validity period of the grant cap. They can apply again in the next cycle when the grant cap is already refreshed. Companies are strongly encouraged to strategize the use of the PSG for their purchase.
Applications are processed within 4-6 weeks from the submission of all required information/documents.
Companies can apply for more than one PSG, depending on your business needs. Also, take note that the support can only be extended for one package per solution category and deployment location. You cannot apply for the same IT solution to be deployed in the same location.
Additional items can be quoted separately and make sure that whatever modification you have made to your package, you’ll also present it to IMDA for approval.
Even if we want to, we can’t. Each organization should submit its own application.
Fill in the form if you’d like our certified consultants to guide you on your Productivity Solutions Grant application
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