Applications under PSG, EDG and MRA closed on 29 September 2026. From 30 September, new projects use the unified EDGE Grant. PSG applications submitted on or before 29 September 2026 continue to be assessed as normal, and any ongoing PSG project continues to be processed and can claim on completion via BGP. If you use SkillsFuture Enterprise Credit (SFEC) against a PSG-supported programme, submit final SFEC claims by 30 November 2026. Pre-approved PSG vendors and solutions are migrating into EDGE’s structure via IMDA’s Flexi package process. See EDGE vs PSG, EDG and MRA for the full transition comparison. The rules and examples below are historical reference for existing submissions and projects; follow your Letter of Offer and BGP claim instructions.
What is the Productivity Solutions Grant (PSG)?
The PSG grant helped Singapore SMEs buy pre-approved IT solutions and equipment with up to 50% support, capped at S$30,000 per UEN each grant year. New applications closed 29 September 2026 — for a new project, apply through EDGE instead. The reference below remains useful for claims on approved projects and background on how PSG worked.
The Productivity Solutions Grant (PSG) was a technology adoption grant for SMEs. Administered by Enterprise Singapore, it provided up to 50% funding support, capped at S$30,000 per year, for pre-approved IT solutions and equipment across retail, logistics, food services, construction, and other industries.
Key distinction: PSG only covered pre-approved solutions from the GoBusiness catalog, and required applying before paying any vendor — this reference remains accurate for existing approved projects and claims.
Find the Right PSG Page
- Need PSG’s historical eligibility and BGP claim steps? Stay on this guide.
- Need the PSG pre-approved vendor list for reference? Use the PSG vendor search and comparison directory to browse 500+ approved solutions by category, sector, and agency.
- Need ecommerce vendors? Compare the PSG ecommerce grant vendor list before shortlisting web store packages.
- Need kitchen or food equipment? Browse PSG food equipment vendors for kitchen automation and food-services equipment.
- Starting a new project? PSG closed to new applications on 29 September 2026 — check EDGE instead.
Budget 2026 Update: Before closure, PSG was expanded to support a wider range of digital and AI-enabled solutions, and IMDA increased the proportion of pre-approved AI-enabled solutions from 30% to 50%. See Budget 2026 AI & Innovation Grants Overview for how this and other Budget 2026 changes carried into EDGE.
Who was PSG for?
- SMEs looking to adopt IT solutions for the first time
- Businesses wanting to automate manual processes
- Companies in retail, F&B, logistics, or construction sectors
- Firms seeking to improve inventory, accounting, or HR management
Funding Support Level
- Up to 50% support for qualifying costs for SMEs
- Annual grant cap of S$30,000 per UEN per grant year, from 1 April to 31 March
- Applies to pre-approved solutions and equipment only
Eligibility
To be eligible for PSG, your company must meet all of the following criteria:
- Registered and operating in Singapore
- Purchase/lease/subscription of the IT solutions or equipment must be used in Singapore
- Have at least 30% local shareholding (different from MRA)
- Have annual sales turnover ≤ S$100 million OR group employment ≤ 200 workers
Not Eligible
Applications from the following entities will be rejected:
- Sole proprietorships for certain solution categories
- Companies with more than 200 employees (unless turnover is under S$100m)
- Businesses that have already commenced the project before approval
Supported Cost Items
PSG supports pre-approved solutions and equipment. Qualifying cost items typically include:
- Software subscription/licensing fees (minimum 3-year commitment where required)
- Equipment purchase costs
- Installation, setup, and configuration
- Training bundled with the solution
- Integration or customization tied to the approved solution
IT Solutions & Equipment
Varies by sector and solution
Pre-approved solutions include:
- Accounting & finance software
- Customer relationship management (CRM)
- E-commerce platforms
- Human resource management systems (HRMS)
- Point-of-sale (POS) systems
- Inventory management
Equipment & Machinery
Sector-specific equipment for:
- Food services (kitchen automation)
- Retail (self-checkout systems)
- Logistics (automated storage)
- Construction (digital surveying)
Vendor Rules
- Solutions must be on the pre-approved list
- Vendor and solution category must match your sector and use case
- Equipment must be new and used in Singapore
- Avoid overlapping claims with other grants for the same solution
Required Documents
Typical documents requested include:
- ACRA Business Profile (recent)
- Latest financial statements or management accounts
- Itemized quotation(s) from pre-approved vendor(s)
- Screenshot or reference of the approved solution listing
- CorpPass authorization for the applicant
Application Timeline (Realistic)
Most applicants underestimate the end-to-end timeline. Here is what to expect realistically:
| Stage | Duration | What Happens |
|---|---|---|
| Preparation | 1–2 weeks | Browse pre-approved solutions, contact vendor, obtain itemized quotation |
| Submission | Day 0 | Submit via Business Grants Portal (BGP) with vendor quote and supporting documents |
| ESG Review | ~6 weeks | Enterprise Singapore reviews application; straightforward applications approved faster |
| Approval | — | Receive Letter of Offer (LOO); only now can you sign the vendor contract |
| Implementation | 2–8 weeks | Vendor deploys solution, conducts training, completes setup |
| Claim Submission | Within claim window | Submit claim with invoices, proof of payment, and deployment confirmation |
| Reimbursement | 4–6 weeks after claim | Enterprise Singapore disburses the approved grant amount |
Tip: PSG is one of the fastest grants in Singapore. The entire process from application to reimbursement typically takes 3–5 months — much faster than EDG (6–18 months).
Common Rejection Reasons
- Starting before approval: Never sign contracts or make payments before receiving your Letter of Offer
- Using non-approved vendors: Only vendors on the pre-approved list qualify for PSG
- Claiming duplicate grants: Cannot claim PSG if already receiving other government support for the same solution
- Refurbished equipment: Only new equipment qualifies; refurbished or second-hand items are not eligible
- Incomplete documentation: Ensure all quotations and vendor details are complete before submission
How the S$30,000 Annual Cap Works
PSG has an annual grant cap of S$30,000 per UEN per grant year. EnterpriseSG’s cap period starts on 1 April and ends on 31 March the following year, so understanding timing helps you plan your applications effectively.
What Counts Toward the Cap?
The approved grant support for these costs counts toward your S$30,000 annual grant limit:
- Software subscription/licensing fees (first 3 years of minimum commitment)
- Equipment purchase costs (paid or financed)
- Installation and setup fees
- Training costs included in the solution
- Integration and customization (if charged separately)
- Hardware components (servers, devices, machines)
What Doesn’t Count Toward the Cap?
These costs are NOT included in your S$30,000 cap:
- Software subscription renewals after the initial 3-year minimum period
- Maintenance and support plans
- Optional training beyond the basic package
- Data migration services
- Consulting fees for general business advice (non-implementation)
Can I Split My Project Across Multiple Applications?
Yes, but with timing limitations:
- Within the same grant year: You cannot split one project across multiple PSG applications if the total grant claimed exceeds S$30,000 in the same 1 April-31 March period
- Across grant years: You can apply for different solutions in different grant years (e.g., one project before 31 March, then a separate project after 1 April)
- Key rule: Each UEN can only have one active PSG application at a time
What If I Need More Than S$30,000?
If your PSG grant amount would exceed the S$30,000 annual cap, you have these options:
- Split across grant years: Apply for one eligible solution before 31 March, then a separate solution after the cap refreshes on 1 April
- Use EDG instead: Enterprise Development Grant (EDG) has no cap and supports custom projects up to any value
- Phase your project: Implement Phase 1 solutions under PSG (≤S$30k), then Phase 2 under EDG in the future
- Combine grants strategically:
- Use PSG for pre-approved basic solutions where the grant amount stays within the S$30,000 annual cap
- Use EDG for the additional custom work or advanced components
- Important: Ensure no overlap between the two grants for the same solution
Worked Examples
Example 1: Single Application Within Cap
Scenario: You want to implement a POS system (S$15,000) + HRMS (S$12,000)
- Total cost: S$27,000
- PSG support (50%): S$13,500
- Your co-pay (50%): S$13,500
- Grant cap usage: S$13,500 of S$30,000 annual grant limit ✓ Approved
You can apply for both solutions in a single application because the grant support (S$13,500) is within the S$30,000 cap.
Example 2: Project Exceeding Annual Cap
Scenario: You want to implement a custom ERP system costing S$75,000
- Total project cost: S$75,000
- PSG cap: S$30,000/year
- Available under PSG: Up to S$30,000 in grant support, if the components are pre-approved and eligible
- Recommendation:
- Apply to PSG for eligible pre-approved IT components, capped at S$30,000 in grant support
- Apply to EDG for the custom ERP and integration work (S$45,000+)
- Ensure no overlap between the two grants
Example 3: Multiple Solutions Across Two Years
Scenario: You want a POS system (S$20k) before 31 March, and kitchen equipment (S$25k) after 1 April
- First grant year cap usage: S$10,000 of S$30,000 ✓
- Next grant year cap usage: S$12,500 of S$30,000 ✓
- Outcome: Both approved in separate years
You can apply for different solutions across consecutive grant years without hitting the cap.
Example 4: Renewal vs. New Costs
Scenario: You got PSG for Xero (S$2,000/year x 3 years = S$6,000 initial) in one grant year. In the next grant year, you want to renew Xero (S$2,000) and add a CRM system (S$18,000).
- Next grant year costs that count toward cap:
- Xero renewal (S$2,000): Does NOT count (beyond initial 3-year period)
- CRM system (S$18,000): Counts toward new application
- Next grant year cap usage: S$9,000 of S$30,000 ✓ Approved
Renewals after the initial 3-year period don’t count toward your annual cap.
Key Dates & Renewal Rules
- Cap resets annually on 1 April
- 3-year minimum commitment: Software solutions require at least 3 years of subscription
- First-claim deadline: You must claim all eligible costs in your application
- Retroactive claims: Generally not possible; apply before you’ve paid or committed to the vendor
Frequently Asked Questions
How much PSG funding will I receive?
PSG covers up to 50% of qualifying costs, capped at S$30,000 per company per grant year. For example, a S$20,000 e-commerce solution would receive up to S$10,000 in PSG funding. The cap resets every 1 April, so you can claim up to S$30,000 again in the next grant year.
How do I find PSG pre-approved vendors?
Browse the GoBusiness Gov Assist catalog to find pre-approved PSG solutions by category (e.g., accounting, CRM, e-commerce, POS). Each listing shows the vendor name, solution details, and supported funding amount. You must select a vendor from this catalog — non-listed vendors are not eligible for PSG.
Where is the PSG pre-approved vendor list?
The official PSG pre-approved vendor list is in the GoBusiness Gov Assist catalogue. Grantla also groups those solutions by category, sector, and agency so you can shortlist vendors before checking the official listing and requesting a quotation.
How do I apply for the PSG grant on BGP?
PSG closed to new applications on 29 September 2026. Use EDGE for a new project. Existing PSG submissions and approved projects continue under their original terms; use BGP to manage them and submit claims.
What’s the PSG approval timeline?
PSG applications typically take about 4-6 weeks for approval — the fastest among Singapore government grants. After approval, you receive a Letter of Offer and can then sign the vendor contract. The full process from application to reimbursement usually takes 3-5 months.
Can I start my project before PSG approval?
No. You must not sign any vendor contracts, make deposits, or commence work before receiving your Letter of Offer. This is strictly enforced with no exceptions — pre-payment automatically disqualifies your application, even partial deposits.
Can I apply for multiple PSG solutions?
PSG no longer accepts new applications. Historically, the S$30,000 annual cap was shared across all PSG applications in the same grant year, from 1 April to 31 March. For example, if you claim S$20,000 for a POS system, you have S$10,000 remaining for other solutions in that grant year. Each application is assessed independently.
Who is eligible for the PSG grant?
Your company must be registered and operating in Singapore, have at least 30% local shareholding (Singaporean/PR), and have annual turnover ≤ S$100 million or ≤ 200 employees. Sole proprietorships are excluded from certain solution categories. The solution must be deployed and used in Singapore.
Does PSG cover e-commerce solutions?
Yes. PSG covers pre-approved e-commerce platforms, online store builders, and multichannel selling tools at up to 50% funding. Solutions range from S$5,000 to S$30,000+. Browse the e-commerce category in the GoBusiness catalog to compare approved vendors and pricing.
What is the difference between PSG and EDG?
PSG covers pre-approved IT solutions up to S$30,000/year with 6-week approval and no audit required. EDG supports custom transformation projects with no funding cap but takes 8-12 weeks and requires certified consultants. Choose PSG for standard solutions; choose EDG for projects over S$30,000 or requiring customization.
Starting a New Project?
Applications under PSG closed on 29 September 2026; from 30 September, new projects apply under EDGE instead. If you already have an approved PSG project, use the timeline and cap rules above to plan your claim.
Explore the EDGE Grant — confirmed funding rates and eligibility for new applications
PSG by Industry
Looking for PSG solutions specific to your industry?
- PSG Ecommerce Grant Guide — 29 pre-approved e-commerce solutions
- PSG for Healthcare — Healthcare sector solutions
- PSG for F&B — Food and beverage solutions
- PSG for Retail — Retail sector solutions
- PSG Pre-Approved Solutions — Browse all categories
Related Guides
- How to Choose? PSG vs EDG vs ADS — comprehensive 3-way comparison to help you pick the right grant
- PSG Grant Explained — detailed breakdown of PSG eligibility and how it works
- How to Choose? PSG vs EDG — if you’re choosing between PSG and EDG
- How to Choose? EEG vs PSG — if you’re considering energy efficiency
- PSG Quick Start Checklist — step-by-step application guide
- PSG Pre-Approved Solutions — browse approved solutions and vendors
- Grant Pitfalls Guide — common mistakes to avoid
- Singapore Grants Glossary — key terms and definitions
- Corppass Setup Guide — how to set up BGP access
- PSG Solutions for All Industries — cross-industry PSG solutions directory
- Budget 2026 AI & Innovation Grants Overview — AI and innovation changes including PSG AI expansion
References
Official Resources
- Productivity Solutions Grant - Enterprise Singapore - Official grant page
- Business Grants Portal - Apply for grants and track applications
- GoBusiness - Find pre-approved solutions
- Corppass - Sign up for Corppass to access Business Grants Portal