PSG Grant Singapore

Singapore Productivity Solutions Grant

4 min readNov 30, 2021

PSG Grant Singapore

Productivity Solutions Grant

The Productivity Solutions Grant (PSG) was introduced in April 2018 to help businesses on their journey to become more productive.

PSG encourages the use of pre-scoped IT solutions, equipment, and consulting services that boost productivity and are connected with industry roadmaps such as Industry Transformation Maps (ITMs) and Industry Digital Plans (IDPs).

From 1 April 2020 to 31 March 2022, the maximum financing assistance level was increased from 70% to 80% in order to encourage businesses to continue their digitalization and efficiency improvement initiatives.

Who can apply?

If a company meets the following criteria, it can apply for PSG:

Singapore is where the company is registered and operates.

IT solutions/equipment/consultancy services must be purchased/leased/subscribed in Singapore.
(For selected solutions only) A minimum of 30% local ownership is required.
(For consultancy service solutions only) Have at least three local staff available at the time of application.

How to apply?

Step 1:

Access the list of qualified supportable solutions for your industry and select appropriate solutions that best meet your company’s needs.

Step 2:

In terms of IT solutions: Request a quote from the pre-approved vendor.

In terms of equipment: Get a quote from the provider and look for the equipment.

Consultancy Service: Request a quote from a pre-approved consultant.

Step 3:

Apply through the Business Grants Portal (BGP).

To transact on the site, you must first create a Corppass account.

Step 4:

Submit your grant claim on the BGP before the deadline.

Solutions that are viable

Retail, Food, Logistics, Precision Engineering, Wholesale, Building & Construction, Financial Services, and Landscaping are among the industries covered by PSG. PSG also encourages companies to implement broad-based solutions that span industries, such as Customer Relationship Management and Human Resource Management systems.

Businesses can select from a choice of pre-scoped solutions that are relevant to their industries.

To access the IT solutions/equipment/consultancy services pre-scoped for your industry, use the navigation menu.

This listing should not be interpreted as an endorsement or recommendation by the involved government entities. Companies are recommended to exercise caution when hiring suppliers and not to share the Corppass with their vendors in order to submit grant applications or claims.

The Productivity Solutions Grant-supported solutions are examined on a regular basis. Take notice of the existing levels of support and grant caps.

QuickHR is pre-approved under the ‘Human Resources Management System’ category. Our pre-scoped PSG solution includes the full suite of HR modules: