Productivity Solutions Grant (PSG)
The Productivity Solutions Grant (PSG) helps Singapore companies improve productivity and automate existing processes through pre-approved IT solutions and equipment. As one of the most accessible government grants, it facilitates ease of adoption by pre-qualifying specific solutions and vendors across multiple sectors. Unlike EDG which requires custom project proposals, PSG supports sector-specific and generic solutions that have been pre-approved by EnterpriseSG and participating agencies. Companies simply select from a list of pre-approved solutions, obtain quotations from pre-approved vendors, and apply through the Business Grants Portal. The grant is particularly well-suited for SMEs looking to quickly adopt tried-and-tested technology solutions ranging from accounting software to CRM systems, e-commerce platforms, cybersecurity solutions, and sector-specific equipment.
Eligibility Criteria
- 01
Business entity registered and operating in Singapore
- 02
At least 30% local equity held by Singaporeans/PRs based on ultimate individual ownership
- 03
Group annual sales turnover not exceeding S$100 million OR group employment size not exceeding 200 employees
- 04
IT solutions/equipment must be used in Singapore
- 05
Must not have made payment or deposits to vendor prior to application submission
- 06
Eligibility criteria must be maintained until claims disbursement is processed
- 07
Must use pre-approved solutions from authorised vendors only
Frequently Asked Questions
Yes, depending on business needs. IT solutions: limited to one per UEN for selected solutions. Equipment: applicable for multiple locations per UEN (deployment locations defined by postal code).
Yes, as long as it is not for the same scope of work/services/activities.
No. No changes to vendor/solution package after approval. You must terminate the application and submit a new one before making payment to a new vendor.
Once submitted, you may choose to proceed with purchasing, but you cannot claim if the application is unsuccessful.
No. Vendors are strictly not allowed to apply on behalf of applicants. The applicant company must submit its own application.
Businesses operating from HDB flats or private properties can be supported if they meet eligibility criteria and the solution complies with HDB/URA home business guidelines.
You will not be able to submit a claim. Multiple reminder emails are sent before the due date. You may extend the due date once before it lapses.
Claims will not be supported if eligibility criteria are no longer met.
Yes, vendors must not have any relationship with the applicant, related companies, directors, or common shareholders.
Via Corporate PayNow (~14 working days) or GIRO (~8 weeks). Register for PayNow Corporate with your UEN through your bank.