Top Grants for Digital Transformation in Singapore
Compare PSG, EDG, and sector-specific grants for digitization
Digital transformation is no longer optional for Singapore businesses. Whether you're implementing basic IT systems or undertaking a complete digital overhaul, government grants can cover up to 70% of your costs. This guide compares the key grants available for digital transformation projects.
Quick Comparison
| Feature | PSG | EDG (Innovation) | Sector-Specific |
|---|---|---|---|
| Best For | Standard solutions | Custom development | Industry needs |
| Funding Support | Up to 50% | Up to 50% | Varies (up to 70%) |
| Examples | Accounting, HR, CRM | Custom ERP, AI/ML | F&B, Retail, Manufacturing |
| Approval Speed | Fast (~4 weeks) | Slow (~2-3 months) | Medium |
| Custom Development | No | Yes | Sometimes |
| Pre-approved Vendors | Yes | No | Sometimes |
Which Digital Transformation Grant?
Start with PSG for immediate digital needs, then consider EDG for larger transformation initiatives.
→ Apply for PSG with pre-approved vendors
Learn more→ Apply for EDG (Innovation & Productivity)
Learn more→ Check sector-specific grants first
Learn more→ Use PSG for basics, EDG for custom work
Learn moreFrequently Asked Questions
Yes, PSG covers pre-approved e-commerce and website solutions. For custom website development, you may need to consider EDG instead.
Yes, EDG's Innovation & Productivity pillar supports AI, machine learning, automation, and other advanced technology projects.
Yes, both PSG and EDG can cover cybersecurity. PSG has pre-approved cybersecurity solutions, while EDG can fund comprehensive security assessments and implementations.
Yes, cloud solutions are covered under PSG (pre-approved solutions) and EDG (custom migration projects).