PSG Grant Consulting Services Singapore | PSG Grant Consultant Singapore

​

What is the Singapore PSG Grant?
 

For Singapore businesses looking to digitalise, automate, or streamline their operations, the Productivity Solutions Grant (PSG) is one of the most beneficial government support schemes available today. Launched by the Singapore Government to assist small and medium enterprises (SMEs) in adopting technology solutions and equipment to enhance business processes, the PSG grant helps subsidise the cost of pre-approved tools and services across different industries.
 

If you’re a business owner navigating the world of government grants in Singapore, understanding how the PSG Grant works and how to leverage it can be the key to accelerating your company’s growth. This guide will give you a comprehensive breakdown of what the PSG Grant is, who it’s for, what it covers, and how we can assist you in applying for it.
 

Overview of the Productivity Solutions Grant (PSG)
 

The PSG Grant supports companies keen to improve productivity by adopting IT solutions or equipment that are industry-relevant. These solutions are pre-approved by the government, making the process more transparent and accessible for SMEs. The funding typically covers up to 50% of the qualifying costs, helping businesses reduce the financial burden of digitalisation or process improvement.
 

The PSG Grant is a part of Singapore’s larger SMEs Go Digital programme, which aims to encourage SMEs to adopt digital technologies to build stronger capabilities and achieve greater efficiency.
 

Who is Eligible for the PSG Grant?
 

To qualify for the PSG Grant, a business must meet the following criteria:

• Registered and operating in Singapore

• Company has at least 30% local shareholding (for selected solutions)

• Purchased or leased the IT solutions, equipment, or services from pre-approved vendors

• The solution must be used in Singapore

• The company must not have made payment or signed a contract before the grant is approved
   

This grant is particularly geared towards small and medium-sized enterprises (SMEs), which form the backbone of Singapore’s economy. Whether you’re in retail, logistics, food services, construction, or manufacturing, there are specific digital solutions catered to your industry.
 

What Does the PSG Grant Cover?
 

The PSG Grant offers support for a wide range of solutions across various sectors. These include:

1. IT Solutions and Digital Tools

From accounting software to digital marketing tools and customer relationship management (CRM) systems, PSG supports digital tools that help businesses run more efficiently. Some common categories include:

• Accounting and finance systems

• Inventory management software

• Point of sale (POS) systems

• HR and payroll solutions

• eCommerce platforms

• Cybersecurity solutions
   

2. Equipment
 

For businesses that require machinery or automation equipment, PSG provides funding for certain types of approved physical assets. This is especially helpful for the manufacturing, logistics, and food industries.
 

3. Job Redesign (JR) Consultancy Services
 

Under the PSG, companies can also tap into support for Job Redesign projects, which help them restructure existing roles or processes to better suit the digital age. This is part of a wider initiative to encourage employers to improve job quality and workforce productivity.

Benefits of the PSG Grant

Applying for and successfully receiving the PSG Grant provides several key advantages for businesses:

1. Cost Reduction

With funding support of up to 50%, businesses significantly reduce the out-of-pocket costs associated with adopting new technology and equipment.

2. Easy Access to Pre-Approved Solutions

The PSG framework only supports pre-approved vendors and solutions, meaning businesses don’t have to go through the hassle of vetting and comparing tools on their own. The shortlist saves time and increases confidence in implementation.

3. Boosting Productivity and Efficiency

By adopting better systems, automation, and digital tools, companies can optimise operations, reduce manual work, and achieve more with fewer resources.

4. Improved Competitiveness

Businesses that embrace digital transformation tend to outperform those that don’t. PSG allows SMEs to stay competitive and relevant in an increasingly digital marketplace.

5. Faster Implementation

Since the supported solutions are pre-scoped and approved, it’s easier and quicker to implement them within your business once approved.

How We Help You Apply for the PSG Grant

While the PSG Grant has simplified processes compared to other grants, the application process still requires attention to detail and knowledge of compliance requirements. This is where we come in.
 

Our team of grant consultants offers end-to-end PSG application support, including:
 

1. Eligibility Check and Consultation

We begin by evaluating your company’s eligibility and business needs to recommend the most relevant PSG solutions. Whether you need digital accounting tools, HR systems, or cybersecurity support, we match you with the right solution and vendor.

2. Vendor Matching

As consultants, we work closely with a network of pre-approved vendors. We ensure that the chosen solution aligns with your operations and meets all the PSG criteria.

3. Application Submission

We handle the entire application process for you, including:

• Preparing necessary documents (ACRA profile, quotations, deployment plans, etc.)

• Crafting a business case if needed

• Submitting the application through the Business Grants Portal (BGP)

• Advising on compliance requirements
   

4. Post-Approval Support
 

After approval, we ensure your claim submission is properly handled. This includes:

• Organising invoices and receipts

• Coordinating with vendors for implementation

• Submitting final reports or photos where required

Our goal is to maximise your chance of a successful claim while saving you time and effort.
 

Industries That Commonly Benefit from PSG
 

The PSG Grant is designed to support a wide range of industries. Common sectors that benefit from the PSG Grant include:

• Retail: POS systems, inventory management, eCommerce platforms

• Food & Beverage: Digital ordering systems, kitchen automation, queue management

• Construction: Project management software, job redesign consultancy

• Logistics: Fleet tracking software, warehouse automation

• Professional Services: Accounting software, cybersecurity tools

• Education and Training: Learning management systems and online booking platforms

Even niche industries can find tailored solutions under the PSG scheme.
 

Timeline and Process
 

A typical PSG application follows this process:

1. Determine Needs – Identify the business process or area that needs improvement.

2. Select a Solution – Choose from the list of pre-approved solutions and vendors.

3. Get a Quotation – Request a quote from the selected vendor.

4. Apply via BGP – Submit your application online with supporting documents.

5. Await Approval – The processing time typically ranges from 4 to 6 weeks.

6. Implement the Solution – After approval, proceed to make payment and deploy the solution.

7. Submit Claim – Upload proof of deployment, invoice, and other documentation to receive the grant disbursement.
    

Our team can help you move through all these steps smoothly.
 

Why Choose Us as Your PSG Grant Consultant?
 

We understand how critical cash flow and strategic investments are to SMEs. With years of experience helping businesses like yours secure government grants, our consulting service is designed to ensure:

• Accurate application with high success rates

• Minimal stress and admin work on your part

• Customised solutions that match your business goals

We offer a personalised, results-driven approach to PSG grant consulting, helping you make the most of this opportunity.