PSG Grant Singapore

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Productivity Solutions Grant Singapore (PSG Grant Singapore): A Complete Guide for SMEs

In today’s competitive business landscape, Singapore SMEs must embrace digital transformation to stay ahead. The Productivity Solutions Grant Singapore (PSG Grant Singapore) is a government-backed initiative designed to help businesses adopt pre-approved IT solutions, equipment, and technologies that boost productivity and efficiency.

This guide explains everything you need to know about the PSG Grant Singapore, eligibility criteria, supported solutions, benefits, and how to apply successfully.

What Is the Productivity Solutions Grant Singapore (PSG Grant Singapore)?

The Productivity Solutions Grant Singapore is a funding scheme introduced by the Singapore government to support small and medium-sized enterprises (SMEs) in adopting productivity-enhancing solutions. The grant covers up to 50% of qualifying costs for pre-approved solutions across various sectors.

These solutions include:

  • Website development & e-commerce platforms
  • Customer Relationship Management (CRM) systems
  • Accounting & HR software
  • Digital marketing solutions
  • Cybersecurity and data protection tools

Why Choose PSG Grant Singapore for Your Business?

1. Reduce Digital Transformation Costs

The PSG Grant Singapore significantly lowers upfront costs, making advanced digital tools affordable for SMEs.

2. Improve Business Productivity

Automated systems reduce manual work, improve accuracy, and streamline operations.

3. Stay Competitive in the Digital Economy

With PSG-approved solutions, businesses can scale faster and adapt to changing market demands.

4. Government-Approved & Trusted

All solutions under the Productivity Solutions Grant Singapore are vetted and approved by government agencies.

Who Is Eligible for PSG Grant Singapore?

To qualify for the Productivity Solutions Grant Singapore, your business must:

  • Be registered and operating in Singapore
  • Have at least 30% local shareholding
  • Be classified as an SME
  • Use the solution in Singapore

What Solutions Are Supported Under PSG Grant Singapore?

Digital & IT Solutions

  • Website development
  • E-commerce platforms
  • Cloud-based business systems

Business Management Tools

  • Accounting and invoicing software
  • HR and payroll systems
  • Inventory and supply chain management

Marketing & Customer Engagement

  • Digital marketing tools
  • CRM systems
  • Data analytics solutions

How to Apply for the Productivity Solutions Grant Singapore

Step-by-Step Application Process

  1. Select a PSG-approved vendor
  2. Submit your application via the Business Grants Portal
  3. Receive approval and proceed with implementation
  4. Claim reimbursement after project completion

To simplify the process, working with an experienced digital solutions provider ensures higher approval success.

Why Choose Dynamic Web Development for PSG Grant Singapore?

At Dynamic Web Development, we specialize in helping SMEs leverage the PSG Grant Singapore for website development and digital solutions. Our team handles:

  • Grant consultation and eligibility assessment
  • End-to-end application support
  • High-quality, PSG-approved digital solutions

PSG Grant Singapore – Frequently Asked Questions

Is PSG Grant Singapore still available in 2025?

Yes, the Productivity Solutions Grant Singapore continues to support SMEs, subject to government updates and sector availability.

Can startups apply for PSG Grant Singapore?

Yes, as long as the company meets SME eligibility and local shareholding requirements.

How long does approval take?

Approval typically takes 2–6 weeks, depending on application completeness.

Get Expert Help for PSG Grant Singapore Today

Ready to transform your business with the Productivity Solutions Grant Singapore?
Let our experts guide you from application to implementation.

 Email: enquiries@dynamicwebdevelopment.sg
 Sales Enquiries: +65 9684 2263
Visit:
https://dynamicwebdevelopment.sg/psg-grant-singapore-productivity-solutions-grant/

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