Productivity Solutions Grant (PSG): Ultimate Guide for 2025

Looking to take advantage of the PSG grant to boost your business? This guide will walk you through everything you need to know about the PSG grant, from understanding its benefits and checking if you’re eligible, to navigating the application process and knowing what comes next. Let’s dive in! 

What is the Productivity Solutions Grant (PSG)? 

Simply put, the PSG grant is an initiative by the Singapore government that allows eligible Small and Medium Businesses (SMEs) to claim up to 50% reimbursement for pre-approved IT solutions, equipment, and consultancy services.   

This initiative is supported by the Enterprise Singapore (ESG) and the Infocomm Media Development Authority (IMDA). It is aimed to encourage Singaporean SMEs to adopt technology to improve their day-to-day operations and overall productivity. 

Who Are Eligible for the PSG Grant? 

To be eligible for the PSG grant, your business needs to meet a few straightforward criteria: 

• Be registered and actively operating right here in Singapore. 

• Have a minimum of 30% local shareholding by Singaporeans or Permanent Residents  

• Your company’s annual turnover should be no more than S$100 million, OR your total employment should not exceed 200 employees. 

• Crucially, you should not have signed any contract or made any payment for the solution before your grant application is approved. 

Keep in mind that certain entities, like charities and government agencies, are generally not eligible for the PSG grant. 

Power Up Your Online Presence with PSG Digital Marketing Solutions 

Did you know the PSG grant also supports digital marketing services? This includes: 

• Search Engine Optimization (SEO): Helping your website rank higher in search results. 

• Search Engine Marketing (SEM): Running effective paid ad campaigns. 

• Social Media Marketing: Engaging with your audience on platforms like Facebook and Instagram. 

• Content Marketing: Creating valuable content to attract and retain customers. 

Good news! 2Stallions is a pre-approved vendor for the PSG Digital Marketing Solution. 

Want to learn how our PSG Digital Marketing solutions can help your business grow?  

Learn More: 2Stallions PSG Digital Marketing Solutions 

Gather Your Documents: What You’ll Need to Apply 

To ensure a smooth application process for the PSG grant, make sure you have these key documents ready: 

• A registered Corppass account 

• Quotations from the pre-approved vendor 

• Product brochures (if applicable) 

• Project proposal (if applicable) 

• Contractual agreement, tenancy agreement or power bills (if applicable) 

PSG Grant Application: A Step-by-Step Guide 

Here’s a detailed breakdown of the application process for the PSG grant: 

1. Visit the Business Grants Portal (BGP) and login with your Corppass account. Select your business entity.
   
   
2. Select the sector of your business as listed in your ACRA profile. You will also be asked to clarify the nature of your need and select the grant you’d like to apply for.
3. Confirm that you meet the listed eligibility criteria.
4. Complete your contact details and address.
5. Provide details of your proposed solutions and why you need it. You will also need upload the vendor’s quotation at this step.
6. Provide details of how you intend to purchase the solution.
7. Explain the impact the solution can bring to your business. 
8. Answer the declaration questions and review the grant terms and conditions before submitting the application.

What Happens After You Hit “Submit”?

Once your PSG grant application is in: 

• Acknowledgement: You’ll typically receive an acknowledgement of your submission through the Business Grants Portal. 

• Assessment Process: Enterprise Singapore will carefully review your application to ensure your business and the chosen solution meet the grant’s eligibility criteria and objectives. This might involve checks on your company, the proposed solution, and the vendor. 

• Typical Wait Time: Generally, you can expect the processing timeframe to be around 4 to 6 weeks. However, keep in mind that this is an estimate and can vary depending on the application’s complexity and the volume of applications being processed. 

• Stay Updated: You can track the status of your application conveniently through the Business Grants Portal. 

The Letter of Offer (LOF): Your Approval 

If your PSG application is successful, you’ll receive a Letter of Offer (LOF) directly through the Business Grants Portal. This crucial document will detail: 

• The exact grant amount that has been approved for your business. 

• The specific pre-approved solution and the vendor you selected. 

• The deadline for submitting your claims. 

• All the important terms and conditions associated with the grant. 

Important: Make sure to thoroughly review the LOF and accept it within the given timeframe via the Business Grants Portal to move forward with your project. 

Conclusion

The Productivity Solutions Grant (PSG) offers a fantastic opportunity for Singaporean SMEs to embrace digital transformation and boost their productivity. By providing significant financial support, the government is making it easier for businesses to adopt the tools and technologies needed to thrive in today’s competitive landscape. 

Ready to take your business to the next level? Explore the pre-approved PSG solutions today on the GoBusiness portal and take the first step towards enhanced productivity and growth. 

2 Stallions: Who We Are  

2Stallions is an award-winning, full-service digital marketing agency with offices in Singapore and Malaysia. Since 2012, we’ve helped brands of all sizes turn strategy into growth through SEO services, SEM services, social media marketing services, content marketing services, to website design and development. 

Need funding support? We’ve got that covered too. 2Stallions is a pre-approved vendor for the PSG Digital Marketing Grant, allowing eligible Singaporean SMEs to claim up to 50% off our services. We are also vendors of the Enterprise Development Grant (EDG) and Digi-TAC Grant.  

Our results-oriented approach has earned us various industry accolades, from the Marketing Excellence Awards, Asia eCommerce Awards to the Drum Awards for Digital Advertising APAC. We’re also certified partners with Google, TikTok, and Shopify, giving you direct access to the tools, insights, and support that drive real digital performance.