What is PSG?
The Productivity Solutions Grant (PSG) is a targeted financial assistance program designed to help Singapore enterprises adopt pre-approved productivity solutions and equipment. Managed by Enterprise Singapore in collaboration with the Economic Development Board, PSG accelerates business digital transformation by making advanced tools and consultancy services more accessible and affordable.
PSG recognizes that productivity improvements are critical for business competitiveness in a rapidly evolving marketplace. The program removes barriers to adoption by subsidizing costs for proven, pre-qualified solutions across generic, sector-specific, equipment, and consultancy categories.
Support Levels
PSG provides flexible financial support with defined caps to ensure broad accessibility:
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General Solutions & Equipment
Up to 50% support for pre-approved IT solutions and equipment, with a maximum grant of S$30,000 per company per financial year (April - March).
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Job Redesign Consultancy
Up to 70% support for specialized job redesign consultancy services to optimize workforce structure and efficiency, capped at S$30,000 per company per financial year.
Supported Solution Categories
PSG supports a diverse range of pre-approved solutions tailored to different business needs and industry sectors:
Generic Solutions
Industry-agnostic business tools applicable across all sectors:
- Accounting & Finance Systems
- Human Resources Management
- Customer Relationship Management
- Inventory Tracking Systems
- Data Analytics Platforms
- Cybersecurity Solutions
Sector-Specific Solutions
Industry-tailored software targeting unique operational needs:
- Food & Beverage (POS systems, kitchen automation)
- Retail Management Systems
- Logistics (fleet management, tracking)
- Construction Project Management
- Healthcare Information Systems
Equipment & Consultancy
Physical technology assets and specialized consulting services:
- Equipment for Food & Beverage
- Environmental Services Equipment
- Job Redesign Consultancy
Solution Categories Overview
The following table provides a comprehensive summary of all PSG-supported solution categories:
| Category Type | Examples | Support Level |
|---|---|---|
| Generic Solutions | Accounting, HR, CRM, Inventory, Analytics, Cybersecurity | Up to 50%, max S$30,000/year |
| Sector-Specific (F&B) | POS systems, Kitchen automation, Menu management | Up to 50%, max S$30,000/year |
| Sector-Specific (Retail) | Retail management, POS, inventory systems | Up to 50%, max S$30,000/year |
| Sector-Specific (Logistics) | Fleet management, route optimization, tracking | Up to 50%, max S$30,000/year |
| Sector-Specific (Construction) | Project management, resource planning, scheduling | Up to 50%, max S$30,000/year |
| Sector-Specific (Healthcare) | Patient management, Electronic health records | Up to 50%, max S$30,000/year |
| Equipment (F&B) | Commercial cooking equipment, beverage systems | Up to 50%, max S$30,000/year |
| Equipment (Environmental) | Waste management, recycling equipment | Up to 50%, max S$30,000/year |
| Consultancy (Job Redesign) | Workflow optimization, HR restructuring assistance | Up to 70%, max S$30,000/year |
Eligibility Criteria
To qualify for PSG support, your business must satisfy the following requirements:
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Business Registration & Operation
Your company must be registered and actively operating in Singapore at the time of application.
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Local Equity
At least 30% local equity ownership is required to ensure meaningful Singapore business participation.
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Company Size Requirements
Your organization must meet one of the following criteria: Group annual turnover does not exceed S$100 million, OR employment does not exceed 200 workers.
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Solution Usage Location
All solutions and equipment must be deployed and utilized within Singapore to support local business operations.
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Ineligible Entity Types
The following organizations cannot apply for PSG support: Charitable institutions, Institutions of Public Character (IPCs), Religious entities, Voluntary Welfare Organizations (VWOs), and government agencies.
How to Apply for PSG
The PSG application process is designed to be straightforward and efficient. Follow these steps to secure funding for your productivity solutions:
Application Steps
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Find Pre-Approved Solutions
Browse the comprehensive catalog of pre-approved solutions and equipment on the GoBusiness Gov Assist portal. Review solution details, pricing, and compatibility with your business needs.
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Submit Application
Complete and submit your PSG application through the Business Grants Portal (BGP) with your chosen solution and project details.
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Application Review
Enterprise Singapore will review your application and supporting documents. Standard processing time: approximately 6 weeks.
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Approval & Implementation
Upon approval, receive your Letter of Offer and proceed with implementation. Track project progress and submit claims for reimbursement of eligible costs.
Important Resources
Access these key platforms to explore solutions and apply for PSG:
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GoBusiness Gov Assist: Browse and compare all pre-approved PSG solutions. Visit GoBusiness PSG Portal
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Business Grants Portal (BGP): Submit your application and track approval status. Access through your registered BGP account.
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Enterprise Singapore: Learn more about PSG requirements, approved vendors, and support services. Visit Enterprise Singapore PSG Page
Why Choose PSG?
PSG offers multiple advantages for businesses seeking to enhance productivity:
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Pre-Vetted Solutions: All solutions are pre-approved and tested, reducing implementation risk.
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Rapid Deployment: Faster approval and implementation timelines compared to other grant schemes.
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Flexible Funding: Support for software, equipment, and consultancy covers diverse business needs.
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Vendor Support: Access to approved vendors ensures quality solutions and ongoing support.
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Up to 70% Support: Particularly generous subsidies for job redesign consultancy services.
Ready to Boost Your Productivity?
Our consultants can help you identify the right pre-approved solutions for your business and navigate the PSG application process to secure up to 50% funding.
Start Your PSG Journey