PSG stands for Productivity Solutions Grant. This is the new scheme launched by Singapore government to support businesses in the next stage of transformation, which may need more considerable investments and long-term commitments, PSG has the following features:
- Funding of up to 50% of the cost
- Increase in grant caps
- Adopting IT solutions and equipment with pre-approved provider and
- Simplified grant processes
Eligibility Criteria
Businesses in Singapore can apply for PSG grant only if they meet up the following criteria:
- Registered and operating business in Singapore
- Purchased IT solutions or equipment under PSG should be used within Singapore
- SMEs should have a min 30% local shareholding
Steps to Apply
Interested companies can apply for the PSG by following these steps:
- Get a quotation from the pre-qualified vendor like User Basic Software Pte Ltd
- Login using CorpPass account and submit an application on the Business Grant Portal
Now business people in Singapore can purchase the popular EZ Inventory Software and Accounting Software from the pre-approved ISP provider User Basic Software Pte Ltd with up to 50% PSG grant.
