The Productivity Solutions Grant (PSG)

Eligible businesses in Singapore may be able to claim co-funding under the Productivity Solutions Grant (PSG), subject to Enterprise Singapore's prevailing rates, eligibility, and approval.

Eligibility check

Will your business qualify?

Check whether your business meets PSG's eligibility criteria.

0/5 ticked.
TL;DR

The Productivity Solutions Grant (PSG) co-funds up to 50% of qualifying IT solution costs for eligible Singapore SMBs, capped at S$30,000 per company per financial year. Co-funding is subject to Enterprise Singapore's prevailing rates, eligibility, and approval.

What is the PSG Grant?

The Productivity Solutions Grant (PSG) is a Singapore government scheme administered by Enterprise Singapore that helps SMBs adopt pre-approved IT solutions and equipment to improve productivity. It was launched in 2018 as part of Singapore's broader push to support digital adoption across small and medium businesses.

PSG is jointly administered by Enterprise Singapore (the lead agency) and the Infocomm Media Development Authority (IMDA), which curates the list of pre-approved IT solutions. Most independent Singapore beauty and wellness businesses meet the eligibility criteria - see the breakdown in the next section.

Quick facts
Launched in 2018 by Enterprise Singapore
Up to 50% co-funding on qualifying solution costs
S$30,000 annual cap across all PSG solutions per company
Application via the Business Grants Portal (BGP)
Open to all SG SMBs that meet eligibility criteria

PSG eligibility criteria

The five business-level requirements set by Enterprise Singapore. Most independent Singapore beauty businesses meet them.

1

Registered and operating in Singapore

Your business must be incorporated under ACRA and operating locally.

2

At least 30% local shareholding

Singapore Citizens or PRs must hold 30% or more of the company.

3

Group annual sales ≤ S$100M, or group employees ≤ 200

Whichever applies to your business size profile.

4

Not already using the same category of solution

PSG can't be claimed for a tool you're already using under the same category.

5

Willing to implement after PSG approval (no back-dating)

You can't claim PSG for a solution you've already purchased.

Note: business eligibility is separate from solution pre-approval - a solution must be on the official PSG pre-approved list at the time of application. Book a demo to enquire about our PSG status.
How PSG funding works

How PSG co-funding works

The points below describe how PSG co-funding works in general, based on Enterprise Singapore information.

  • PSG co-funds up to 50% of the qualifying cost of a pre-approved solution.
  • Support is subject to an annual grant cap of S$30,000 per company, applied across all PSG solutions claimed in a financial year (1 April to 31 March), not per solution.
  • Co-funding applies only to solutions on the official PSG pre-approved list at the time of application.
  • Eligibility and approval are determined solely by Enterprise Singapore through the Business Grants Portal.

Informational only - not financial or grant advice. PSG terms are set by Enterprise Singapore and may change. Verified against official Enterprise Singapore information, updated June 2026. Always confirm current details on the Business Grants Portal via GoBusiness (gobusiness.gov.sg).

FAQ

Frequently asked questions

How the Productivity Solutions Grant works. Still unsure? [email protected], we usually reply same-day.

Want to enquire about our PSG status? Book a free demo →

What is the PSG Grant?

The Productivity Solutions Grant (PSG) is a Singapore government scheme administered by Enterprise Singapore. It co-funds up to 50% of qualifying IT solution costs for eligible SMBs, capped at S$30,000 per company per financial year.

How much co-funding could my business get?

PSG co-funds up to 50% of the qualifying cost of a pre-approved solution, subject to an annual cap of S$30,000 per company across all PSG claims in a financial year. Rates are set by Enterprise Singapore and may change.

Is my business eligible?

Eligible businesses are generally registered and operating in Singapore, have at least 30% local shareholding, group annual sales of S$100M or less (or 200 or fewer employees), are not already using the same category of solution, and have not yet purchased it. Final eligibility is determined by Enterprise Singapore.

How long does PSG approval take?

Enterprise Singapore states that a complete application usually takes around 6 weeks to process. After the project is completed and your claim is approved, disbursement is typically about 14 working days via PayNow Corporate (longer via GIRO). Timelines are set by Enterprise Singapore and may vary.

Where do I apply for PSG?

Applications are submitted through the Business Grants Portal on GoBusiness (gobusiness.gov.sg) using your Corppass, after selecting a solution from the official PSG pre-approved list at the time of application.

How do I find out more?

Book a demo to enquire about our PSG status and discuss whether Idle is the right fit for your business.
Explore Idle

One platform to run your whole business.

The all-in-one system PSG-eligible businesses are looking to adopt. Dive into what Idle does.

Who it's for

Built for every beauty & wellness business.

Whether you run a solo nail studio or a multi-staff aesthetic clinic, Idle adapts to how you work.

Guides & comparisons

Singapore software guides.

Doing your research before you apply for PSG? Start with our Singapore-specific guides and comparisons.

Compare & switch

Already using another platform?

Switching to Idle is simple. We migrate your data, set up your staff, and get you up and running fast.

Enquire about our PSG status

Book a 20-minute demo to enquire about our PSG status and see whether Idle is the right fit for your business.

* The information on this page about the Productivity Solutions Grant (PSG) - including eligibility, co-funding rates, and caps - is provided for general guidance only and is based on publicly available Enterprise Singapore information as of June 2026. PSG is administered by Enterprise Singapore, and its criteria, funding levels, approved solution listings, and timelines may change at any time without notice. Idle is not currently a PSG pre-approved solution; any PSG support would depend on Idle being listed and on Enterprise Singapore's approval of your application. Idle makes no representation or warranty as to the accuracy, completeness, or current validity of this information and accepts no liability for any reliance placed on it. Grant eligibility and approval are determined solely by Enterprise Singapore. Please verify all details against the official Business Grants Portal via GoBusiness (gobusiness.gov.sg) before making any decisions.