The Productivity Solutions Grant (PSG) was launched on April 2018 to help businesses enhance their processes with technology.
It provides financial support for business owners to adopt pre-scoped IT solutions, equipment and consultancy services to improve productivity. These solutions are aligned to the industry roadmaps such as the Industry Transformation Maps (ITMs) and Industry Digital Plans (IDPs).
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
Access the list of supportable solutions eligible for your sector and identify relevant solutions that best suit your business needs.
For IT solutions: Get a quotation from the pre-approved vendor For Equipment: Source for the equipment and get a quotation from the vendor For Consultancy Service: Get a quotation from the pre-approved consultant
Submit an application on the Business Grants Portal (BGP). You will need to register for a Corppass account to transact on the portal.
Submit your grant claim on the BGP before your claim due date.
From 1 April 2022 onwards, the maximum support level will be up to 70%. For eligible solution sub-categories under the Food Services and Retail sectors, the enhanced support level is up to 80% from 1 April 2022 to 31 March 2023. Please refer to the FAQ for more details on these eligible sub-categories.
This listing is not to be taken as a form of endorsement or recommendation by the participating government agencies. Companies are reminded to carry out due diligence when engaging vendors, and not to share the Corppass with their vendors to carry out submission of any grant application or claims
Types of PSG solutions
Sector-specific solutions are eligible for companies within the respective sectors only. These solutions are specially curated by sector lead agencies, aligned to industry roadmaps such as the Industry Transformation Maps (ITMs) and Industry Digital Plans (IDPs).
Generic solutions are for all companies, across business sectors and industries. Solutions are intended to improve companies’ productivity in managing general business functions and processes.