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 and National Parks Board (NParks).
With up to 80% funding support, PSG serves as an avenue for companies to make long-term technology investments. The list of readily adoptable solutions can be found on Tech Depot.
Companies keen to improve productivity by adopting technology solutions can now tap this simplified grant.
- Registered and operating in Singapore
- Purchase/Lease/Subscription of the IT solutions or equipments must be used in Singapore
- Have a minimium of 30% local shareholding (for selected solutions only)
How to apply
Here are the steps you can take when applying for PSG:
- Access the list of supportable solutions from below and identify relevant solutions that best suit your business needs.
- For IT solutions : Get a quotation from the pre-approved vendor.
- Submit an application on the Business Grant Portal (BGP). You will need to register for a CorpPass account to transact on the portal.