Enterprise Singapore – Productivity Solution Grant (PSG)

The Productivity Solutions Grant (PSG) was launched on April 2018 to help businesses enhance their processes with technology.

PSG provides financial support to Singapore companies to upgrade new equipment and improve productivity.

Eligibility:

Business entities can apply for PSG if they meet the following criteria:

  • Registered and operating in Singapore
  • Purchase/lease/subscription of the IT solutions/equipment/consultancy service must be used in Singapore
  • (For selected solutions only) Have a minimum of 30% local shareholding
  • (For consultancy service solutions only) Have at least three local employees at the point of application

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

  1. Visit GoBusiness Gov Assist to access the list of supportable solutions and identify relevant solutions that best suit your business needs.
  2. For IT solutions: Get a quotation from the pre-approved vendor.
    For equipment: Source for the equipment and get a quotation from the vendor. (Automicom provides quotation for your application)
  3. Submit an application on the Business Grants Portal (BGP). You will need to register for a CorpPass account to transact on the portal.

Contact our team today to get more details!

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