Unlock Your F&B Business Potential with the Productivity Solutions Grant
StaffAny is a pre-approved vendor for digital relevant solutions by IMDA and qualified for the PSG grant! Receive up to 50% government funding by leveraging the Productivity Solutions Grant (PSG) and choosing StaffAny to help ease your F&B business operations.
Productivity Solutions Grant (PSG)
The Productivity Solutions Grant (PSG) is a valuable resource for businesses seeking to enhance their processes through the use of digital solutions. By providing financial support for the adoption of pre-scoped IT solutions, equipment, and consultancy services, PSG helps businesses identify relevant solutions to improve productivity. These sector specific solutions are aligned with industry roadmaps, including the Industry Transformation Maps (ITMs) and Industry Digital Plans (IDPs), and can significantly enhance business processes.
PSG Eligibility
Is my entity qualified to apply?
Criterias to be eligible for PSG application:
- A business entity that is registered and operating in Singapore.
- Has at least 30% local shareholding.
- Company’s Group annual sales turnover should be not more than S$100 million, OR Company’s Group employment size should be no more than 200 employees.
- Purchase/lease/subscription of the IT solutions or equipment must be used in Singapore.
Application Process
Get a free quotation
from StaffAny
from StaffAny
Submit an application on the Business Grants Portal (BGP). You will need to register for a CorpPass account to transact on the portal
Submit the payment receipt with one month of usage data on the Business Grants Portal (BCG) to claim your reimbursement
Frequently Asked Questions
PSG supports the adoption of digital solutions to enhance productivity in retail sectors and financial management. It provides financial aid for pre-scoped IT solutions, equipment, and consultancy services, aligned with Industry Transformation Maps and Industry Digital Plans. PSG helps businesses identify supportable solutions to boost productivity, thanks to government agencies’ efforts.
ESG supports companies’ adoption of PSG solutions up to the annual grant cap of S$30,000 per financial year. Eligible companies will have their annual grant cap refreshed at the start of the next financial year.
From 1 April 2022, PSG Grant will support up to 70% of eligible expenses. For Food Services and the Retail sector, PSG grant support will be up to 80% from 1 April 2022 to 31 March 2023 under the Food Services & Retail Business Revitalisation Package.
From 1 April 2022, PSG Grant will support up to 70% of eligible expenses. For Food Services and the Retail sector, PSG grant support will be up to 80% from 1 April 2022 to 31 March 2023 under the Food Services & Retail Business Revitalisation Package.
To be eligible for enhanced support levels, companies must be registered and operating in Singapore with at least 30% local shareholding for selected solutions.
Additionally, the company’s group annual sales turnover should not exceed S$100 million, or the group employment size should not exceed 200 employees.
These companies may be eligible for the Enterprise Development Grant (EDG), which offers financial assistance for the adoption of eligible pre-scoped solutions. The EDG is a program by Enterprise Singapore aimed at supporting the growth and transformation of local enterprises.
Each company supported by EnterpriseSG is subjected to an annual grant cap of S$30,000 for solutions supported by EnterpriseSG, starting on 1 April and ending on 31 March the following year.
Log in to Business Grants Portal and navigate to ‘My Grants’. You’ll see the status of all your grant applications on this page. Notification emails are also sent to the main contact person as the application moves through the process.
It generally takes 2 to 3 months (4 to 10 weeks for GoBusiness), from the day that it is received until you are notified of its disposition. Applicants are notified promptly once a decision has been made.
