Guide · Grants
PSG Grant Singapore: Productivity Solutions Grant Guide
The PSG grant in Singapore, the Productivity Solutions Grant, closed to new applications on 29 September 2026. New projects now go to the EDGE Grant. This guide explains how PSG worked from 2018, what changed over the years, and what to do if you still have a PSG project open.
PSG in one paragraph
PSG helped Singapore companies pay for pre-approved IT solutions and equipment that made work faster or less manual. Enterprise Singapore ran it with other agencies. In its last form it paid up to 50% of eligible costs for local SMEs, with a cap of S$30,000. Solutions had to come from a list of pre-approved packages, shown on GoBusiness Gov Assist.
A short history, 2018 to 2026
PSG was announced at Budget 2018. It started with a maximum support level of 70% for a time-limited period. More rounds of time-limited extra support followed, to keep firms investing through challenges such as COVID-19.
On 2 March 2023, GoBusiness said the extra support would end. From 1 April 2023, PSG paid up to 50% for all sectors.
On 29 September 2026, PSG closed to new applications, along with EDG and MRA. From 30 September 2026, firms apply under the EDGE Grant instead.
When What changed Budget 2018 PSG announced, up to 70% support for a time-limited period Later years Further time-limited boosts, including during COVID-19 1 April 2023 Support set at up to 50% for all sectors 29 September 2026 Last day for new PSG applications 30 September 2026 EDGE Grant opens and replaces PSG for new projects Some pages online still quote higher PSG support levels. Those figures describe the boosted periods, and none of them applies to anything new today.
Sources: GoBusiness, PSG support level up to 50% from 1 April 2023 (archived copy); Enterprise Singapore, Productivity Solutions Grant
Who could apply for PSG
To qualify, a company had to meet all of these:
- Registered and operating in Singapore.
- At least 30% local equity, held directly or indirectly by Singapore citizens or permanent residents.
- Turnover for the whole group of S$100 million or less, or 200 staff or fewer across the group.
- The IT solution or equipment had to be bought, leased or subscribed to for use in Singapore.
- No payment or deposit to the vendor before the application went in.
Charities, Institutions of a Public Character, religious bodies, voluntary welfare groups, government bodies and societies could not apply. Each company number (UEN) could be tied to only one application, and group applications were not allowed.
What PSG paid for
PSG covered two kinds of item. The first was sector-specific solutions, built for one industry. The second was generic solutions that work across many industries. Both had to be pre-approved by Enterprise Singapore or a partner agency.
Only the approved package itself was funded. Delivery, installation and admin fees were not covered. Enterprise Singapore also warned that it charges no application fee. Any "grant application fee" asked by a third party was not endorsed by the government.
How a PSG application worked
These were the eight steps on Enterprise Singapore's PSG page:
Step What the company did 1 Chose a pre-approved solution and vendor on GoBusiness Gov Assist 2 Got a quote that matched the package exactly 3 Gathered documents: three years of financial statements, the quote, deployment address and expected impact 4 Applied on the Business Grants Portal through Corppass 5 Accepted the Letter of Offer 6 Deployed the solution for at least 30 days and paid in full 7 Sent the claim with invoice, proof of payment, usage report and a photo of the licence or serial number 8 Received the money by PayNow Corporate or GIRO Processing took about 6 weeks for a complete application. Payment came about 14 working days after claim approval by PayNow Corporate. GIRO could take up to eight weeks.
Quotes and invoices had to show the company's full registered name exactly as on its ACRA Bizfile. "ABC Global" instead of "ABC Global Pte Ltd" would be rejected. The company had to apply and manage the grant itself. A vendor or agent could not do it on its behalf.
You still have an open PSG project: a checklist
Most PSG guides still explain how to apply, which no longer helps anyone. The useful job now is finishing a project that is already approved. Enterprise Singapore says open PSG submissions and projects keep being processed, and you can claim on the Business Grants Portal once the project is done.
Before you claim, check each point:
- The solution was bought or subscribed exactly as approved in your Letter of Offer.
- It has been deployed and installed for at least 30 days.
- You have paid the vendor in full.
- For IT solutions, you have a usage report showing at least one month of use.
- You have a clear photo of the licence number or equipment serial number, and you will type the same number into the claim form.
- The invoice is from the approved vendor and shows your full registered company name.
- Your proof of payment shows payer, payee, date, amount and that the payment went through.
- You know your claim due date from the Letter of Offer, and you will submit before it.
- PayNow Corporate is linked to your UEN, or your GIRO details are filed. Without one of them, the money cannot be paid.
If your old PSG solution also used the SkillsFuture Enterprise Credit, note that final SFEC claims under the old schemes were due by 30 November 2026.
Sources: Enterprise Singapore, Productivity Solutions Grant; Enterprise Singapore, FAQ: EDGE Grant
What replaced PSG
New projects go to the EDGE Grant. The part closest to PSG is EDGE's Automation and Digitalisation area. Under EDGE, digital tools and pre-scoped equipment together share a S$30,000 yearly limit, which sits inside a wider S$100,000 cap per company. For most EDGE activities an SME can receive up to half the cost.
Two rules carry over from PSG. You still must not pay or start before you apply. You still claim only after the work is done and paid for. A project already funded by PSG should not be sent in again under EDGE.
Our EDGE Grant guide covers the new caps, dates and steps in full. If PSG was going to pay for a website, the website design cost guide explains what drives the price. For the checks to run on any vendor, grant or no grant, see how to brief an agency, or browse the editors' web design studio notes.
Sources: Enterprise Singapore, FAQ: EDGE Grant; Enterprise Singapore, EDGE Grant
Frequently asked questions
Is the PSG grant still available in Singapore?
No. The Productivity Solutions Grant closed to new applications on 29 September 2026. New projects apply under the EDGE Grant, which opened on 30 September 2026.
How much was the PSG grant?
In its final form, up to 50% of eligible costs for local SMEs, capped at S$30,000. Earlier, time-limited boosts paid more, starting at up to 70% when PSG launched after Budget 2018.
Can I still claim for a PSG project?
Yes. Any PSG application lodged by 29 September 2026 keeps being processed, and approved projects can claim on the Business Grants Portal after the solution is deployed for 30 days and paid in full.
What did PSG cover?
Pre-approved IT solutions and equipment, both sector-specific and generic, listed on GoBusiness Gov Assist. Delivery, installation and admin fees were not covered.
What happens if I paid the vendor before applying for PSG?
The application would not be supported. PSG did not fund retrospective projects, meaning any payment or deposit made before the application was submitted.
How long did PSG approval take?
About 6 weeks for a complete application, according to Enterprise Singapore. Payment came about 14 working days after claim approval by PayNow Corporate, or up to eight weeks by GIRO.
Sources