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The Productivity Solutions Grant (PSG) helps Singapore companies improve their productivity and automate existing processes through IT solutions and equipment. Up to 50% of eligible costs for local SMEs. Sector-specific and generic solutions.
From 1 April 2024, the funding support level for the Support for Job Redesign under Productivity Solutions Grant (PSG-JR) will be adjusted as part of the harmonisation of funding rates for business grants across the Whole of Government (WOG).
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.
Overview. Solutions for specific sectors. Select the sector your business is in to see the solutions you are eligible for. This should be based on the SSIC that you have registered with ACRA. Accountancy. IT Solution. Corporate Secretariat Management. External Audit Management. Practice Management System.
Local SMEs can apply for Productivity Solutions Grant (PSG) for the Built Environment to co-fund up to 50% of the qualifying costs of adopting pre-approved digital solutions under the Construction and Facilities Management Industry Digital Plan (IDP).
The Support for Job Redesign under Productivity Solutions Grant (PSG-JR) encourages enterprises to work with pre-approved JR consultants to redesign work processes, tasks and responsibilities.
What is the annual grant cap for PSG? Each company supported by EnterpriseSG is subjected to an annual grant cap of S$30,000 for solutions supported by EnterpriseSG, starting on 1 April and ending on 31 March the following year. To tap on the grant cap within the same year, applications should be submitted before 31 March.
