PSG Grant Overview (Updated 6 March 2026)
All You Need to Know about the PSG Grant for up to 50% Grant Support.
The Productivity Solutions Grant (PSG) by Enterprise Singapore supports SMEs in adopting pre-approved digital and productivity solutions to improve efficiency and business growth.
U2 Asia Solutions helps Singapore businesses navigate the entire PSG journey from solution selection and grant application to project implementation and claim submission.
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Grant Overview
The PSG Grant helps businesses defray the cost of adopting approved productivity solutions across various sectors and functions.
Key highlights:
- Provides up to 50% funding support for eligible Singapore SMEs
- Covers pre‑approved IT and digital marketing solutions
- Requires engagement with pre‑approved PSG vendors
- Grant approval typically takes up to 6 weeks
- Claims are submitted after project completion
- Disbursement is usually made within 14 working days via PayNow Corporate
Eligibility
To qualify for the PSG Grant, your company must meet the following conditions:
- Registered and operating in Singapore
- At least 30% local shareholding held by Singapore Citizens or PRs
- Group annual revenue of S$100 million or less, or employ 200 or fewer employees
- The supported solution must be used in Singapore
- The project must not have commenced before application approval
Not sure if your business qualifies? U2 Asia Solutions can conduct a quick eligibility assessment before you proceed.
PSG Grant
PSG Grant Benefits
The PSG Grant offers SMEs both financial and operational advantages:
Up to 50% Funding Support
Eligible businesses can receive funding support of up to 50% for qualifying costs, significantly reducing upfront investment.
Access to Pre-Approved Solutions
All PSG-supported solutions are vetted by government agencies, ensuring reliability, compliance, and real productivity impact.
Faster Approval Timeline
Compared to other grants, PSG applications typically have a shorter approval timeframe, allowing SMEs to start projects sooner.
Scalable Digital Transformation
PSG enables SMEs to adopt scalable systems that support long-term growth, efficiency, and competitiveness.
Supported Solutions Under PSG Grant
The Productivity Solutions Grant (PSG) supports the adoption of pre-approved solutions listed on the Business Grants Portal. Funding eligibility is subject to solution scope and prevailing government guidelines.
Digital Marketing Solutions
PSG supports selected pre-approved digital marketing solutions that help businesses improve online presence and marketing effectiveness. Funding eligibility is limited to solutions listed under the PSG framework and subject to approval by the relevant authorities.
Examples of supported solution types may include SEO, SEM, and digital campaign management, where applicable.
Customer Relationship Management (CRM) Systems
CRM solutions supported under PSG focus on improving customer data management and engagement processes. These systems help businesses centralise customer information and streamline sales or service workflows, subject to approved solution listings.
Accounting & Human Resource Software
PSG supports selected accounting and HR systems that enhance financial reporting, payroll processing, and workforce administration. Eligible solutions must fall within the approved scope and be implemented in Singapore.
E-Commerce Platforms & Integrations
E-commerce solutions supported under PSG enable businesses to establish or enhance online sales capabilities. Funding applies only to pre-approved platforms and integrations listed under the PSG scheme.
Cybersecurity & Data Protection Solutions
PSG supports cybersecurity solutions that help businesses strengthen digital security and protect sensitive data. Eligibility is limited to approved tools that meet PSG requirements.
Industry-Specific Productivity Solutions
Industry-specific solutions under PSG address sector-based operational needs and productivity challenges. Eligibility depends on solution category and approval status under the PSG framework.
U2 Asia Solutions works with pre-approved PSG-compliant solutions only. Final eligibility is subject to assessment and approval by Enterprise Singapore and the relevant government agencies.
How to Apply
The application process for EDG is comprehensive and requires a project-based approach. Follow these steps:
Identify suitable pre-approved PSG solutions that align with your business needs and productivity goals.
Engage a PSG-approved vendor to scope the project and obtain a formal quotation.
Prepare the required information and supporting documents for the PSG application.
Submit the PSG application through the Business Grants Portal (BGP) for review.
Wait for the application to be assessed by the relevant government agencies.
Projects must not commence before approval.
Proceed with project implementation according to the approved scope and timeline.
Submit claims via BGP after project completion and receive grant disbursement upon approval.
Frequently Asked Questions (FAQ)
What is PSG Grant?
The productivity Splutions Grant (PSG) is a government intiative by enterprise Singapore (EnterpriseSG) and IMDA to support Singapore SMEs in adopting pre-approved IT solutions, equipment, and consultancy services that enhance productivity and digital transformation.
Eligible businesses can receive up top 50% funding support for qualifying costs.
What is the limit to the total PSG funding per company?
The grant cap is up to S$30,000 per financial year, per company, across all PSG solutions.
The financial year runs from 1 April to 31 March, and all applications submitted before 31 March will count toward that year’s cap.
Why must I use a PMC-certified consultant?
EnterpriseSG mandates the use of certified consultants (like Mdm Chong) for all management consultancy projects to ensure the advice provided meets high professional and ethical standards.
How many PSG grants can my company apply for?
There is no fixed limit on the number of PSG applications a company can submit, but conditions apply:
- For IT solutions, for example Digital Marketing solutions, only one application per UEN is allowed.
- For equipment based solutions, multiple applications are permitted if they are for different business locations under the same UEN.
Can a sole proprietorship apply for the PSG Grant?
Absolutely yes. Sole proprietorship registered in Singapore can apply for PSG funding, as long sas they meet the eligibility criteria set by EnterpriseSG.
Do I need to make full payment to the vendor first?
Yes. The PSG operates on a reimbursment basis. SMEs must make full payment upfront to the pre-approved vendor before submiting a grant claim for reimbursement after project completion.
Can we start the project before getting PSG approval?
You can commerce the project only after submiting the grant application via Business Grant Portal. Do note that the project commercement and completion dates must be in accordance with the project qualifying period stipulated in the Business Grant Portal.
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