PSG SG: Productivity Solutions Grant for Business Automation in SG

Overview

  • Productivity Solutions Grant Overview
  • Application Process
  • List of Supported Services and Solutions

Productivity Solutions Grant Overview 

The Productivity Solutions Grant (PSG) is for companies looking for transformation. PSG SG recognizes that not all technologies need to be high-end. So, in 2018, the PSG  was launched. As a result, help is available for companies adopting IT solutions. Additionally, the PSG also covers equipment to enhance business processes. 

Those eligible for the PSG are the following: 

  • Businesses operating in Singapore 
  • Purchase, lease or subscription of the solutions must also be in Singapore 
  • A minimum of 30% local shareholding (for selected solutions) 
  • At least three local employees during application (for selected solutions) 

Application Process for PSG SG Access the list of supportable solutions eligible for your sector.

  1. Access the list of supportable solutions eligible for your sector.  
  2. Identify relevant solutions for your business needs.
  3. Get a quotation from the vendor or consultant where the solution will be coming from.
  4. Register for Corppass to transact on the portal.
  5. Accomplish and submit an application on the Business Grants Portal.

Sectors and Solutions Supported by PSG SG

PSG covers sectors including retail, food and logistics. Further, it also covers solutions for precision engineering, construction and landscape. It also supports the adoption of IT solutions, equipment and consultancy. So long as the solutions improve productivity. Their alignments to industry roadmaps such as ITM and IDP are also important.

PSG SG Pre-Scoped IT Solutions Per Sector

Advanced ManufacturingBanksBuilding & ConstructionCleaningEarly Childhood
Enrichment and Tuition CentresEstate AgencyFood ManufacturingFood ServicesHealthcare
ITLegalLogisticsOther EducationPest Management
RetailSecurityTraining and Adult EducationTravel AgentsWaste Management
Wholesale TradeOthers

PSG SG Pre-Scoped Equipment Per Sector

Advanced ManufacturingCleaningEngineering ServicesFood ManufacturingFood Services
LogisticsMarine & OffshorePest ManagementPrecision EngineeringTravel Agents
Waste ManagementWholesale Trade

PSG SG Pre-Scoped Consultancy Service

PSG SG covers consultancy services for all sectors. This mostly focuses on Job Redesign Consultancy offered by various companies. For more information, click here

Other PSG Concerns 

Companies can apply for more than one PSG application. But, the support only applies to one package per solution category per deployment location. This means that a company can’t apply for the same IT solution to be deployed in the same location. 

The company can file for more than one PSG application at the same time. Each company has an annual grant cap of 300,000 SGD for supported solutions. Companies who fully utilise this grant cap cannot apply for further support in the given period. 

Typically, applications are processed within 4-6 weeks. But given the volume of applications for COVID-19 support solutions, this could extend to 6-8 weeks. 

PSG SG covers and supports many solutions for different sectors. In addition, the application process is quick and easy. Due to COVID-19, PSG SG also supports COVID-19 continuity measures. Kickstart business automation today with PSG SG. Let us help you find the right solutions for your business. Contact Qbasis today! 

Qbasis Logo

Supercharge your business with Qbasis’ Smart Management Solutions

Contact

Qbasis Pte Ltd

+65 6908 5980
sales@qbasistech.com

8 Ubi Road 2
Zervex #08-03
Singapore 408538