Productivity Solutions Grant

Objectives:

• To help companies improve business processes and operations through technology.
• To encourage digital transformation and automation in various sectors.
• To reduce the cost of adopting productivity solutions for small and medium enterprises (SMEs).

Target Beneficiaries:

• Small and medium enterprises (SMEs) registered and operating in Singapore.
• Businesses across various sectors including retail, food services, logistics, construction, and more.
• Companies seeking to implement pre-scoped IT solutions and equipment that improve productivity.

Key Features:

• Funding support of up to 80% of the qualifying costs for pre-approved productivity solutions.
• Wide range of pre-scoped solutions covering areas such as customer management, inventory tracking, data analytics, and more.
• Solutions are curated to address common business challenges and improve efficiency.
• Support includes software, hardware, and consultancy services related to the implementation of the solutions.
• The grant is administered by Enterprise Singapore.

Application Process:

• Businesses must first identify the pre-approved solutions relevant to their needs from the PSG website.
• Submit an application through the Business Grants Portal with details of the chosen solution and vendor.
• Upon approval, businesses can proceed with the purchase and implementation of the solution.
• Claims for reimbursement can be made after the solution is implemented and payment is made.
• Regular updates and support are provided to ensure successful adoption of the solutions.

Overall, the PSG aims to accelerate the digital transformation of SMEs in Singapore by making technology adoption more affordable and accessible, thereby boosting productivity and competitiveness.