Productivity Solutions Grant (PSG)
Overview
The Productivity Solutions Grant (PSG) supports companies in the adoption of pre-scoped IT solutions, equipment, and consultancy services to enhance business processes. This grant is designed to help businesses improve productivity, automate operations, and scale efficiently through technology adoption. Whether you are looking to streamline operations with an ERP system, digitise HR processes, or implement AI-powered CRM, PSG provides a cost-effective way to kickstart transformation.
Support Details
Eligibility Criteria
- Be registered and operating in Singapore
- Have at least 30% local shareholding
- Purchase, lease, or subscribe to a pre-approved solution from the PSG directory
- Ensure the project has not commenced before approval
Approved Solutions
Application Process
Search for Solutions
Browse and select pre-approved solutions on the PSG Directory at gobusiness.gov.sg
Request Quotations
Get quotations from one or more approved vendors
Submit Application
Apply via the Business Grants Portal (BGP) with required documents
Wait for Approval
Processing takes 2-4 weeks. Do NOT start your project before approval.
Implement Project
Begin implementation only after receiving grant approval
Submit Claims
File claims within 6 months of project completion with invoices, receipts, and proof of usage
Claim Process
Complete Implementation
Finish software setup, system go-live, and any training
Prepare Documents
Gather invoices, receipts, bank statements, screenshots proving solution is live, and training attendance records
Submit Claim
File through the Business Grants Portal
Receive Funds
Reimbursement credited to company bank account once approved
Common Reasons for Rejection
- Project started before approval (any payment or implementation prior to grant approval automatically disqualifies)
- Vendor not PSG-approved
- Incomplete documentation (missing invoices, proof of usage, or payment records)
- Exceeding annual cap of S$30,000
- Solution not aligned with business needs
- Incorrect company details or mismatch between ACRA records and application
Best Practices
Understand Your Business Needs: Clearly identify challenges and explain how the PSG solution addresses them
Choose the Right Vendor: Work only with pre-approved PSG vendors
Prepare Comprehensive Documentation: Have ACRA Bizfile, financial statements, detailed vendor quotation, and project timeline ready
Plan Your Timeline: Apply early and don't start the project until approval is received
Track Your Cap: Monitor your S$30,000 annual cap to avoid overcommitting
Quick Checklist
- Confirm eligibility (Singapore-registered, ≥30% local shareholding)
- Select a pre-approved solution and vendor
- Prepare necessary documents (ACRA, quotation, payment details)
- Apply on BGP before project commencement
- Track your S$30k annual cap
Need Help With Your Grant Application?
Our team can help you navigate the application process and maximize your chances of approval.
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