Productivity Solutions Grant

Who qualifies

• Must be registered in Singapore.
• SME test is either/or: the revenue/turnover cap OR the headcount cap suffices (official wording).
• Retrospective applications, where payment or a deposit was made before application submission, are not supported.
• The solution or equipment must be used in Singapore.
• Charities, Institutions of Public Character (IPCs), religious entities, voluntary welfare organisations, government agencies and subsidiaries, and societies are not eligible.
• All eligibility criteria must continue to be met until the claim disbursement is successfully processed.
• For speed limiters, the applicant must engage an Authorised Agent.
• The equipment or IT solution may be used only by the applicant entity, not a subsidiary or related party, and must be held for 1 year from final-claim approval.
• Only pre-scoped packages from pre-approved vendors are supported; equipment vendors need not be pre-approved, but equipment must meet the specifications and must be standard, off-the-shelf and uncustomised.
• Unless otherwise stated, only the actual purchase, lease or hire cost is supportable; related administrative charges such as delivery and installation are excluded.
• Minimum local shareholding (%): 30.
• Maximum headcount: 200.
• Maximum group annual sales (S$): 100,000,000.

What it funds

• Adopting digital tools, software, e-commerce, cybersecurity
• Automation, robotics, equipment upgrades for productivity

Costs covered: Software licences and SaaS; Hardware, machinery, IT equipment; Third-party consultant or professional service fees.

Maximum support: up to 50%.

Up to 50% of eligible costs for local SMEs.

Recorded cap: S$30,000.

Each EnterpriseSG-supported company has an annual S$30,000 cap for EnterpriseSG-supported solutions, running from 1 April to 31 March; applications must be submitted before 31 March to use that year's cap.

Payment: Paid after the company incurs the cost and files a claim.

How to apply

Identify a supportable solution and suitable vendor, obtain the required quotation, prepare the documents, and apply directly on the Business Grants Portal (BGP) with Corppass.

1. Visit GoBusiness Gov Assist, identify the relevant pre-scoped solution and suitable vendor.
2. Get a direct quotation from the vendor and ensure the quotation matches the selected solution and Annex 3 requirements.
3. Prepare the contact details, financial statements, group documents where applicable, and vendor proposal or quotation.
4. Submit the application on BGP with Corppass; the applicant company must apply for and manage the grant directly.
5. Accept the Letter of Offer if the grant is awarded, purchase or subscribe to the approved solution, deploy it for at least 30 days, and pay in full.
6. Submit the claim on BGP by the claim due date in the Letter of Offer.

Before applying

• The applicant must not have signed a contract or made payment or any deposit to a supplier, vendor, or third party before application submission.
• Group applications are not allowed; one application cannot list two or more companies as applicants.
• The selected vendor must not have a relationship, connection, association or dealings with the applicant, its related companies, directors or common shareholders.

Documents

• Contact details — Main contact person and the Letter of Offer addressee (CEO or Managing Director as registered with ACRA, or another authorised individual such as a shareholder, owner, director or partner).
• Company’s Financial Statements (FS) for the past 3 years — Audited statements or management accounts including profit and loss and balance sheet, signed by an authorised person with name and designation; newly incorporated companies (under 1 year) may submit to-date unaudited statements or management accounts endorsed by a shareholder or director.
• Ultimate corporate group financial statements for the past 3 years (if applicable) — If the company belongs to a corporate group.
• ACRA bizfile of holding companies and/or subsidiaries (if applicable) — If the company belongs to a corporate group.
• Corporate group structure (if applicable) — If the company belongs to a corporate group.
• Complete SGX Shareholder report (if applicable) — If the parent company is listed on SGX.
• Proposal and/or quotation from your vendor — Addressed to the registered company name as per the company’s ACRA Bizfile; must show detailed scope of services, other supporting licences or documents, and cost breakdown by scope of services, with items and cost as per Annex 3 of the selected pre-approved solution package for IT solutions.
• Product brochure and technical specifications (if applicable) — For equipment only; listed under the vendor proposal or quotation requirements.
• Deployment location/ Tenancy agreement (if applicable) — Submit the tenancy agreement if deploying the solution to a non-ACRA registered address; utility bills may be submitted as proof of current location instead.
• Business impact — Description of overall impact and details of productivity gains.

Processing time: 6 weeks

Claiming support

Submit the single claim allowed for each approved application via BGP by the Letter of Offer claim due date with the invoice, proof of full payment, usage report where applicable, and a picture of the software licence number or equipment serial number. After approval, PayNow Corporate takes about 14 working days and GIRO may take up to 8 weeks.

Claim due date specified in the Letter of Offer; one extension may be requested in BGP before that date, but no extension or claim can be submitted after it lapses.

Contact: https://go.gov.sg/askenterprisesg

Application window: Existing PSG applications remain accessible until EDGE launches.

Closes: 2026-09-29