How do I get PSG grants for my Singapore business?

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How do I get PSG grants for my Singapore business

Productivity Solutions Grant (PSG)

Singapore business owners can apply for this simplified Productivity solutions grant to increase the company’s productivity by using technology solutions.

Overview of PSG

Technology helps you to improve productivity by automating the existing process.  The productivity solutions grant supports company which is adopting IT solutions to improve business growth.

From the beginning, PSG Grant covers the sector-specific solutions that include various industries such as retail, logistic, food and construction industries. It also covers data analytics, inventory tracking, financial management, etc.

Various government agencies (Enterprise Singapore and National Parks Board (NPark)) are pre-checked the PSG Solutions.

PSG Grant provides up to 70% financial support for the companies with long term technology investments.

Productivity Solutions Grant (Subsidy for Skills Future Training)

From July 1st, 2019, through the Business Grant Portal (BGP) company who having approved productivity solutions grant application can able to apply for PSG or Skill future training subsidy. Enhanced PSG subsidy allows the organization to upskill their workers and guarantee up to 70% of out of pocket training expenses and qualified organization capped $10,000.

Companies can submit their application up to 31 March 2023. To know more about PSG Visit the Productivity solutions Grant Page.

Productivity solutions grant Eligibility Criteria

SMEs should meet the following eligibility criteria to apply the productivity solutions grant Singapore.

  • Your business should register and operate in Singapore.
  • Subscription/purchase of IT solutions should be used in Singapore.
  • SMEs should have a minimum of 30% local shareholding

How to apply for Productivity Solutions Grant?

  • First, you have to find the best pre-verified vendor from SME portal
  • Reach the approved vendor to request the quotation
  • Then you have to create Corpas account which helps you to log in the Business Grant portal
  • Then login the Business Grant Portal BGP
  • After that, you have to click on “Get New Grant” and follow instructions to apply.

Under the PSG Grant, User Basic Software Pte Ltd is one of the Pre-approved ISP vendors. Now Singapore business people can able to purchase EZ accounting and EZ inventory software with up to 70% PSG Grant.  For further assistance, please call us at 65-6746 2613 or 65-6227 1797 and email us on sales@onestopaccounting.com and get your software now!!

 

Onestopaccounting.com
Accounting software Specialist In Singapore for accounting software / Inventory software / customized solutions package / payroll and point of sales / All Hardware and IT related services.

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