What Is PSG Grant Singapore? How Will It Benefit Your Business?

What Is PSG Grant Singapore? How Will It Benefit Your Business?

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The Productivity Solutions Grant (PSG) is a Singapore government scheme that intends to assist small and medium-sized firms (SMEs) in adopting technology solutions to increase productivity and competitiveness. Learn how your company can profit from this grant and which ideas are eligible for funding. The PSG Grant Singapore is a government project that gives monetary assistance to SMEs in order for them to embrace technological solutions. 

This award intends to assist SMEs in increasing their efficiency and competitiveness by using technology solutions that improve their business operations. 

The PSG Grant Singapore includes a wide range of products, such as IT solutions, equipment, and consulting services. 

Under the PSG Grant Singapore, SMEs can obtain up to 70% funding support for qualified solutions.

The PSG Grant Singapore is open to all Singapore-registered SMEs that meet the following criteria: 

  • Have a minimum of 30% local shareholding 
  • A group annual sales turnover of less than S$100 million or a group employment size of less than 200 employees
  • Financially viable to start and complete the project. 

Through the Business Grants Portal, SMEs can apply for the PSG Grant Singapore.

The PSG Grant Singapore covers a wide range of technology solutions that can benefit SMEs in various industries. 

These solutions include but are not limited to: 

  • IT solutions such as accounting software
  • Inventory management systems
  • Customer relationship management systems; 
  • Retail management solution such as POS Software

SMEs can choose from a list of pre-approved solutions or propose their own solutions for approval.

PSG Grant Singapore can benefit your business in many ways.

If you are searching for the best reliable accounting software, you are at the right place.

One stop accounting is the most reliable PSG Grant Vendor offers; 

Our software solutions have a lot of features to provide simplified business solutions.

Contact us for further inquiries!

If you want to benefit from the PSG Grant designed by the Singapore government but have no idea how to claim it, Visit IRAS website. You will get complete assistance to claim the PSG Grant Singapore.

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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