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Productivity Solutions Grant

(PSG)

Overview

Eligibility

Pre-Approved Packages

Productivity Solutions Grant (PSG)

Overview

Technology is not about fancy and expensive high-end solutions. You can kick-start your technology journey by taking simple steps to automate existing processes and improve productivity. The Productivity Solutions Grant (PSG) supports companies keen on adopting IT solutions and equipment to enhance business processes.


For a start, PSG covers sector-specific solutions including the retail, food, logistics, precision engineering, construction and landscaping industries. Other than sector-specific solutions, PSG also supports adoption of solutions that cut across industries, such as in areas of customer management, data analytics, financial management and inventory tracking.


These solutions have been pre-scoped by various government agencies such as Enterprise Singapore, National Environmental Agency (NEA) and Singapore Tourism Board (STB).

Note: Do check your company’s grant cap on the Business Grants Portal (BGP). For grant cap ending 31 Mar 2021, please kindly submit your PSG application by 1 Feb 2021 to be qualified under this grant cap. Applications submitted after 1 Feb 2021 may tap on the grant cap for the next financial year. As announced at Budget 2021, the enhanced maximum support level of up to 80% will be extended from 30 September 2021 to 31 March 2022.

The list of readily adoptable solutions can be found on GoBusiness Gov Assist. Applicants should consider their business needs to select the relevant and right-sized PSG support packages.

You may refer to the PSG Application Checklist for some tips on how to prepare for your PSG application process.

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Registered and operating in Singapore

Purchase/lease/subscription of the IT solutions or equipment must be used in Singapore

Have a minimum of 30% local shareholding; with Company's Group annual sales turnover less than S$100 million, OR less than 200 employees (for selected solutions only)

SMEs can apply for PSG if they meet the following criteria:

Eligibility

More subsidies

Value Consultancy (Singapore) Pte. Ltd.

Pre-Approved QuickBooks Online Packages

Up to 80% off for all packages below under PSG.

$540/-

VCSG Subscription Only

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QuickBooks Online subscription (1 year)

$2,140/-

VCSG QBO Starter Basic

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QuickBooks Online subscription (1 year)

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Basic system setup

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Basic training contents

$3,440/-

VCSG QBO Starter Advance

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QuickBooks Online subscription (1 year)

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Basic system setup

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Advance system setup

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Basic training contents

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Advance training contents

$4,140/-

VCSG QBO Existing Basic

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QuickBooks Online subscription for 1 year

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Basic system setup

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Basic training contents

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Live webinar 4 hours

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Data Migration: Initial Bank Reconciliation setup

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Data Migration: Balance Sheet opening balance

$5,440/-

VCSG QBO Existing Advance

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QuickBooks Online subscription for 1 year

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Basic system setup

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Basic training contents

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Advance training contents

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Live webinar 4 hours

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Data Migration: Initial Bank Reconciliation setup

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Data Migration: Balance Sheet opening balance