Check your PSG eligibility in under 2 minutes. PSG is the fastest grant to process—just 6 weeks.
Eligibility Checklist
Answer these 6 questions:
Eligibility Requirements
- Business registered and operating in SingaporeNot completed
- At least 30% local equity (Singaporean/PR) - direct or indirectNot completed
- Group annual sales ≤ S$100 million, OR Group employment ≤ 200 employeesNot completed
- IT solution or equipment will be deployed in SingaporeNot completed
- You have NOT made any payment or deposit to the vendor yetNot completed
- You are NOT a charity, IPC, religious entity, VWO, government agency, or societyNot completed
All boxes checked? You’re likely eligible.
What Makes PSG Unique
| Feature | PSG | MRA | EDG |
|---|---|---|---|
| Processing Time | 6 weeks | 8-12 weeks | 8-12 weeks |
| Audit Required | No | Yes | Yes |
| Funding Cap | S$30,000 | S$100,000/market | None |
| Pre-Approval | Required | Optional | No |
5-Step Quick Start
Step 1: Find Pre-Approved Solutions
Visit GoBusiness Gov Assist to browse:
- Sector-specific IT solutions
- Generic IT solutions
- Pre-approved equipment
- Pre-approved consultancy services
Step 2: Get Quotation from Approved Vendor
For IT solutions:
- Quotation must match Annex 3 of the solution package
- Must be from the pre-approved vendor
For equipment:
- Include product brochure
- Include technical specifications
Step 3: Prepare Documents
- Financial statements (past 3 years)
- Vendor quotation (addressed to ACRA company name)
- Business impact description
- Tenancy agreement (if non-ACRA address)
Step 4: Apply on BGP
- Log in with Corppass
- Complete application form
- Upload documents
- Submit
Step 5: Wait 6 Weeks
PSG has the fastest processing time of any EnterpriseSG grant.
Funding Details
- Support level: 50% of eligible costs
- Cap: S$30,000 per application
- Covers: Purchase cost only (not delivery or installation fees)
Excluded Entities
These organization types cannot apply:
- Charities
- Institutions of Public Character (IPCs)
- Religious entities
- Voluntary Welfare Organisations (VWOs)
- Government agencies and subsidiaries
- Societies
Related Guides
-
PSG Annex 3 Explained — match quotation to Annex 3 exactly
-
Grant Pitfalls Guide — common mistakes to avoid
-
Singapore Grants Glossary — key terms and definitions
-
Corppass Setup Guide — how to set up BGP access
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