Up to 50% PSG Funding
for E-Commerce Solutions
We adopt technology solutions to improve your company productivity and enhance business processes.
Productivity Solutions Grant (PSG)
PSG is a grant initiative by Enterprise Singapore. It supports companies in Singapore who are keen on adopting IT solutions such as eCommerce websites, as well as other equipment that may enhance their business processes.
With up to 70% government funding, local businesses can leverage on the PSG – Productivity Solutions Grant to purchase IT solutions and equipment to improve productivity and enhance their business processes.
Productivity Solutions Grant
PSG is a grant initiative by Enterprise Singapore. It supports companies in Singapore who are keen on adopting IT solutions such as eCommerce websites, as well as other equipment that may enhance their business processes.
With up to 50% government funding, local businesses can leverage on the PSG – Productivity Solutions Grant to purchase IT solutions and equipment to improve productivity and enhance their business processes.
Are you eligible for PSG?
Criterias to be eligible to apply for PSG:
Local Singapore
registered company and
currently operating
Purchased/ lease/ subscription
of IT services must be
used in Singapore
Have a minimum of
30% local shareholding
(for selected solutions only)
Company’s Group annual sales turnover less than S$100 million, or less than 200 employees (for selected solutions only)
SMEs Go Digital with QIANYI
We are a trustworthy and dependable solution utilized by over 20,000 businesses across diverse industries and sizes. Our focus is to assist Singaporean local enterprises in transitioning and incorporating digital solutions for more efficient operations. Our objective is to streamline and automate your HR & Payroll procedures with our comprehensive cloud-based HR software. Contact us today!
Frequently Asked Questions (FAQs)
Companies can get up to 50% funding from 1 April 2023 for long-term technology investments such as engaging an eCommerce web agency in Singapore.
- Get the quotation document from your preferred vendor
- Prepare your latest Financial Statement, you may also download it from IRAS.
- Submit application through BGP Portal.
Applications usually take 2-4 weeks. However, the processing time may stretch should there be a high number of applications or should there officer have any questions related to your application.
To be eligible for the PSG, your company is required to have at least 30% local shareholding. You can check if your application is successful by applying on the Business Grant portal. Our Sales Consultant will be able to guide you through the application process.
Yes, Sole Proprietors are still eligible for PSG.
We are unable to provide this guarantee. However, you will know whether your application is successful or not once it’s submitted online to the Business Grant portal. Upon approval of the application, you will also require completion of the website and the documents stated below for the grant to be reimbursed.
- Invoice
- Receipt for payment
- Quotation
- Bank Statement
- One month usage report
Upon completion of the project, you would need to wait 1 month to generate a website usage report as part of your reimbursement documents. The funds may be disbursed in up to 14 days from the date of approval.