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Singapore

Singapore Productivity Solutions Grant (PSG)

Funding Amount
Who Can Claim This Funding?
  • Singapore-registered company or registered business entity
  • At least 30% local shareholding
  • Purchase date must be after grant application date
  • Solution must be from PSG-approved vendor

What is the Productivity Solutions Grant (PSG)?

The Productivity Solutions Grant supports Singapore companies in adopting pre-approved IT solutions and equipment to enhance business processes. Administered by Enterprise Singapore, PSG covers up to 50% of qualifying costs, including both technology procurement and associated training components.

For AI adoption specifically, PSG provides a structured pathway for SMEs to implement AI-powered tools with government co-funding, reducing the financial risk of technology transformation.

Funding Details

  • Support level: Up to 50% of qualifying costs (temporarily raised to 80% during economic support periods)
  • Cap: Varies by solution category; typically S$30,000-S$100,000 per solution
  • Cumulative cap: Up to S$600,000 per company across all PSG applications
  • Training component: Included when bundled with technology adoption

Eligible AI Solutions

PSG covers pre-approved AI solutions across several categories:

Customer Management & Sales

  • AI-powered CRM systems with predictive lead scoring
  • Chatbot and virtual assistant platforms
  • Customer analytics and segmentation tools

Financial Management

  • AI-driven accounting automation
  • Predictive cash flow forecasting
  • Automated invoice processing and reconciliation

Human Resource Management

  • AI-powered talent acquisition and screening
  • Employee performance analytics
  • Workforce planning and scheduling optimization

Inventory & Logistics

  • Demand forecasting with machine learning
  • Automated warehouse management
  • Route optimization and delivery planning

How to Apply

  1. Identify your needs: Assess which business processes would benefit from AI automation
  2. Find pre-approved solutions: Browse the GoBusiness portal for PSG-approved AI vendors
  3. Get vendor quotation: Request a formal quote from your chosen PSG-listed vendor
  4. Submit application: Apply through the Business Grants Portal (BGP) with vendor quotation
  5. Receive approval: Wait 4-6 weeks for assessment (do not purchase before approval)
  6. Implement solution: Work with vendor to deploy and receive training
  7. Submit claim: After implementation, submit payment documents for reimbursement

PSG vs Other Grants

FeaturePSGEDGSFEC
FocusTechnology adoptionBusiness developmentWorkforce training
Support rateUp to 50%Up to 50% (70% SME)Up to 90%
Pre-approved solutionsYes (required)No (custom proposals)N/A
Application complexityLowHighLow
Processing time4-6 weeks8-12 weeksAutomatic

Tips for Successful Applications

  • Choose solutions directly relevant to your business operations (not aspirational)
  • Ensure your company has the technical infrastructure to support the AI solution
  • Include training hours in the vendor quotation to maximize claimable amounts
  • Stack PSG with SFEC for training costs and SkillsFuture subsidies for employee upskilling
  • Apply before purchasing or committing to any vendor agreement

Common Questions

The Productivity Solutions Grant supports up to 50% of qualifying costs for the adoption of pre-approved IT solutions and equipment. The maximum support level may be higher during special enhancement periods. SMEs must meet eligibility criteria including being registered in Singapore, having a minimum of 30% local shareholding, and maintaining group annual revenue below the specified threshold to qualify.

PSG covers a wide range of pre-approved solutions organized by business sector and functional need, including accounting and finance software, customer relationship management tools, cybersecurity solutions, inventory management systems, HR and payroll platforms, and e-commerce tools. The full list of approved vendors and solutions is available on the GoBusiness Gov Assist portal for easy browsing and application.

References

  1. Productivity Solutions Grant (PSG). Enterprise Singapore (2025). View source
  2. Productivity Solutions Grant (PSG). GoBusiness (Singapore Government) (2025). View source
  3. SMEs Go Digital Programme. IMDA (2025). View source

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