Frequently Asked Questions

Frequently Asked Questions

Productivity solutions grant (PSG)

1. Could unlisted IT solutions and equipment be supported under PSG?

PSG aims to facilitate quick adoption of proven productivity solutions recommended by sector-lead agencies. New productivity solutions are constantly being reviewed and included into the list.

2. Where can I apply for Productivity Solutions Grant?

After you have obtained a quotation from your preferred vendor for the supportable solution(s), please log into Business Grants Portal (BGP) to submit your application for PSG.

3. What industries can apply for PSG?

PSG covers sector-specific solutions including the retail, food, logistics, precision engineering, construction and landscaping industries. PSG also supports adoption of solutions that cut across industries, such as in areas of customer management, data analytics, financial management and inventory tracking. Thus, all industries can apply.

4. How do I become a IT solution provider for PSG?

If you are an Infocomm Media (ICM) vendor with ready digital solutions proven to deliver productivity gains to SMEs, you can submit your solution to be pre-approved under the SMEs Go Digital programme. Solutions can be sector-specific or cut across various sectors. For information on the application process, please visit IMDA’s website.

5. It was announced in Budget 2020 on PSG expansion to include job redesign consultancy services. Where can I find out more information on this?

The PSG will be expanded beyond the adoption of IT solutions and equipment, to include consultancy services. Firms will be able to tap on PSG for job redesign consultancy support, funded at up to 80% of qualifying cost, capped at $30,000 per company.

As part of the enhancement to the existing PSG, job redesign under PSG (PSG-JR) aims to make redesigning jobs easier by providing enterprises with JR consultancy support to complement and drive both their business and workforce transformation.

PSG-JR is open for application since 1 December 2020. Companies who are interested to apply for PSG-JR consultancy support can submit their application on Business Grant portal. Companies will need to register for a Corppass account to transact on the portal.

For more information on PSG-JR, please refer to https://www.wsg.gov.sg/productivity-solutions-grant-job-redesign.html or to contact SNEF at psgjr@snef.org.sg or +65 6827 6910.

6. Is the Productivity Solutions Grant (PSG) taxable?

PSG should be considered as revenue and is taxable for grant recipients. For more information on the tax treatment of PSG, you can contact IRAS via their online chatbox or email via myTax Mail in myTax Portal.

7. What solutions are eligible for enhanced support level of up to 80%?

Under the Food Services & Retail Business Revitalisation Package, companies that fall under Food Services and Retail sectors can be supported for up to 80% from 1 April 2022 to 31 March 2023 for eligible pre-scoped solutions.

This enhanced maximum support level applies to the following solution categories under the Food Services and Retail sectors.

Food Services

  1. Digital/ Online Ordering and Payment

  2. Automated Reservation

  3. B2B Marketplace/E-Procurement System

  4. Queue Management

  5. E-Loyalty/ Customer Relationship Management

  6. General Food Services Equipment

Retail

  1. Enhanced Retail Management System

  2. Commercial Anti-Money Laundering (ML)/Countering the Financing of Terrorism (TF) Screening

  3. Retail Analytics

  4. E-Commerce - Online Shop (B2C)

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