What the Productivity Solutions Grant covers
The Productivity Solutions Grant, or PSG, helps eligible Singapore companies adopt pre-approved IT solutions, equipment, and consultancy services that improve productivity. It is administered by Enterprise Singapore, with the Infocomm Media Development Authority (IMDA) curating the list of pre-approved IT solutions.
As of June 8, 2026, Enterprise Singapore states that eligible local SMEs can receive up to 50% of eligible costs, subject to assessment and grant conditions. Support is also subject to an annual PSG grant cap of S$30,000 per company per financial year (1 April to 31 March), applied across all PSG claims in that year.
The important qualifier is pre-approved. An unlisted software product or vendor cannot be claimed under PSG simply because it fits the business's needs.
| PSG at a glance (June 2026) | Detail |
|---|---|
| Support level | Up to 50% of eligible costs, subject to assessment |
| Annual cap | S$30,000 per company per financial year (1 Apr to 31 Mar) |
| Eligible solutions | Pre-approved IT solutions only (IMDA-curated list) |
| Apply through | Business Grants Portal on GoBusiness, via Corppass |
| Timing rule | Apply before paying any deposit to the vendor |
| Administered by | Enterprise Singapore |
Figures are set by Enterprise Singapore and can change. Confirm current details on the official site before committing.
Who may be eligible
Enterprise Singapore lists these core requirements:
- The business is registered and operating in Singapore.
- At least 30% of the equity is held directly or indirectly by Singapore citizens or permanent residents.
- Group annual sales turnover does not exceed S$100 million, or group employment does not exceed 200 employees.
- The purchased, leased, or subscribed solution is used in Singapore.
- The applicant has not paid a supplier, vendor, or third party, including a deposit, before submitting the application.
Charities, Institutions of a Public Character, religious entities, voluntary welfare organisations, government agencies and subsidiaries, and societies are not eligible under the standard Enterprise Singapore criteria.
Always confirm the current requirements on the official Enterprise Singapore PSG page.
How the application process works
- Find a suitable pre-approved solution on GoBusiness Gov Assist.
- Get a quotation from the approved vendor that matches the listed package.
- Prepare the required company, financial, deployment, quotation, and business-impact documents.
- Apply through the Business Grants Portal on GoBusiness, using Corppass, before making any payment or deposit.
- If approved, accept the Letter of Offer and complete the project within its conditions.
- Use the deployed IT solution for at least one month and pay for it in full.
- Submit the claim documents by the deadline in the Letter of Offer.
- Receive the approved disbursement through Corporate PayNow or GIRO.
Enterprise Singapore currently says a complete application usually takes about six weeks to process, and disbursement after an approved claim is typically about 14 working days via PayNow Corporate (longer via GIRO). These are guides, not guaranteed dates.
Where to get the official details
PSG criteria, funding rates, the approved-solution list, and timelines are set by Enterprise Singapore and can change. Always check the official sources before committing:
Editorial note: This article is general information, not grant, financial, or legal advice. PSG rules, support levels, caps, approved solutions, and processing times can change. Eligibility and approval are determined by Enterprise Singapore. Verify current information on the official government website before committing to a purchase.
Official PSG resources
PSG criteria, funding rates, and timelines are set by Enterprise Singapore and can change. Confirm the current details on the official government sites before committing.
Questions, answered
Frequently asked questions
As of June 2026, Enterprise Singapore states eligible local SMEs can receive up to 50% of eligible costs, subject to assessment and grant conditions, capped at S$30,000 per company per financial year (1 April to 31 March) across all PSG claims. Support levels and caps are set by Enterprise Singapore and can change, so verify the current figures on the official site.
