[Update: The enhanced PSG funding support level of 80% has been extended to 30 September 2021. For grant cap ending 31 Mar 2021, please kindly submit your PSG application by 1st February 2021 to be qualified under this grant cap. The Productivity Solutions Grant (PSG) was introduced by Enterprise Singapore to support and encourage Small Medium Enterprises (SMEs) in Singapore to adopt IT solutions for enhancing business processes. The Productivity Solutions Grant (PSG), as announced at Supplementary Budget 2020, will be augmented to encourage enterprises to digitalise and improve work productivity. The PSG Productivity Solutions Grant 2020 also covers the adoption of solutions such as customer management, quality assurance, data analytics, financial management and inventory tracking. Productivity Solutions Grant (PSG) Microsoft Dynamics 365 Business Central (D365BC) offers a complete business accounting management system with real time information that helps in decision making. The Productivity Solutions Grant (PSG) administered by EnterpriseSG and IMDA supports companies keen on adopting IT solutions and equipment to transform their business processes. The scope of the generic solutions included in the Productivity Solutions Grant 2020 will be expanded to help SME owners on the Covid-19 business continuity measures. The grant (PSG) serves as a financial aid for businesses, both big and small, to adopt digital solutions and/or equipment to optimize their operations and productivity, … If you are planning to boost productivity for your company, consider applying for the Productivity Solutions Grant, where SMEs can get up to 70% off on technology solutions and equipment. For a start, PSG covers sector-specific solutions including the retail, food, logistics, precision engineering, construction and landscaping industries. The Productivity Solutions Grant 2020 (PSG) is a Singapore government subsidy that aims to encourage business owners to take on digital transformation through IT solutions and equipment. SMEs can apply for PSG if they meet the following criteria: Eligible employers who fulfil the following criteria can also qualify for additional subsidies under the SkillsFuture Enterprise Credits (SFEC) scheme: Here are the steps you can take when applying for PSG: Click here for a step-by-step guide, covering: For assistance, kindly contact us at +65 6898 1800, email us here or visit the SME centres. These include retail, finance, logistics, engineering, food, and landscaping industries. The Productivity Solutions Grant (PSG) supports companies in the adoption of pre-scoped IT solutions and equipment that enhances productivity. Please note that for Remote Working Solution categories (“Online Collaboration Tools” and “Virtual Meeting Tools”), each business entity may only be supported for one application per category. Use the navigation menu to access the IT solutions/equipment/consultancy service pre-scoped for your sector. PSG covers sector-specific solutions including the retail, food, logistics, precision engineering, construction and landscaping industries. [Update: The enhanced PSG funding support level of 80% has been extended to 30 September 2021. Update: Support for COVID-19 continuity measures under the Productivity Solutions Grant ceased on 31 December 2020 Instead, you can read about other types of eligible expenses under the Productivity Solutions Grant such as for Digital Solutions, including accounting software, cloud storage, file management and sharing software, design software, customer … Hi valued customer, thank you for selecting I Concept as your ECommerce Solutions partner. For a start, PSG covers sector-specific solutions including the retail, food, logistics, precision engineering, construction and landscaping industries. The Productivity Solutions Grant, also known as the PSG, is a grant that enables companies to adopt IT solutions and equipment with the aim of increasing their company productivity & streamline their processes. The scope of PSG has been enhanced to include Laptop-Bundled Remote Working Solutions , eligible enterprises will receive up to 80% support + for laptops from 17 April until 31 December … Being an approved vendor, we can provide an eCommerce solution with up to 80% subsidy from the Productivity Solutions Grant (PSG). Your Guide To The Productivity Solutions Grant September 12, 2019 Business Grants Singapore, Productivity Solutions Grant 0 Comments . The Shopmatic Pro-Concierge package costs S$3,000 and eligible SMEs can claim up to 80% of the package fees through the Productivity Solutions Grant supported by the Government of SIngapore. Productivity Solutions Grant (PSG) FAQs for Small Businesses & Websites in Singapore Today, technology has incorporated the use of high-end and expensive solutions. For a start, PSG covers sector-specific solutions including the retail, food, logistics, precision … Objectives The grant is to encourage companies to purchase sector-specific equipment for the purposes of achieving productivity benefits and gain better operational efficiency in their work processes. The Productivity Solutions Grant (PSG) is a strategic tool under the Environmental Services (ES) Industry Transformation Map (ITM) to raise the operational efficiency and productivity of the ES industry through technology adoption. PSG covers sector-specific solutions including the retail, food, logistics, precision engineering, construction and landscaping industries. The Productivity Solutions Grant (PSG) administered by EnterpriseSG and IMDA supports companies keen on adopting IT solutions and equipment to transform their business processes. What Shopify services does the Productivity Solutions Grant cover? For grant cap ending 31 Mar 2021, please kindly submit your PSG application by 1 Feb 2021 to be qualified under this grant cap. The Productivity Solutions Grant (PSG) supports companies keen on adopting IT solutions and equipment to enhance business processes. Additional SFEC support available Productivity Solutions Grant (PSG) is a joint initiative by the Infocomm Media Development Authority (IMDA) and Enterprise Singapore, it supports local SMEs keen on adopting IT solutions and equipment to enhance business processes. The Productivity Solutions Grant (PSG) supports companies in the adoption of pre-scoped IT solutions and equipment that enhances productivity. SUPPORT FOR JOB REDESIGN UNDER PRODUCTIVITY SOLUTIONS GRANT (PSG-JR) Developed by Workforce Singapore (WSG), the Support for Job Redesign under Productivity Solutions Grant (PSG-JR) aims to make redesigning jobs easier by providing enterprises with JR consultancy support to complement and drive both their business and workforce transformation. With the grant, businesses can seek funding for adopting business enhancement solutions such as customer management, data analytics, financial management as well as inventory tracking. Eligibility SMEs fulfilling the following criteria may apply for the grant: The Productivity Solutions Grant (PSG) supports companies keen on adopting IT solutions and equipment to enhance business processes. For a start, PSG covers sector-specific solutions including the retail, food, logistics, precision engineering, construction and landscaping industries. A joint initiative by the Infocomm Media Development Authority (IMDA) and Enterprise Singapore, the Productivity Solutions Grant (PSG) supports companies keen on adopting IT solutions and equipment to enhance business processes. The Productivity Solutions Grant (PSG) also supports the adoption of a solution that cuts across industries, such as in areas of customer management, financial management, inventory tracking and data analytics. Productivity Solutions Grant The Productivity Solutions Grant (PSG) supports companies keen on adopting IT solutions and equipment to enhance business processes. The grant will help companies adopt new technological solutions, enhancing their business processes. The maximum funding support level was raised from 70% to 80% from 1 April 2020 to 30 September 2021 to encourage enterprises to continue their digitalisation and productivity upgrading efforts. Applications submitted after 1st February may tap on the next financial year’s grant cap Solutions supported under the Productivity Solutions Grant are regularly reviewed. Click here for frequently asked questions on PSG. The grant is currently applicable to banks and will be subsequently expanded to include insurers and capital market intermediaries. PSG covers sector-specific solutions including the retail, food, logistic, precision engineering, construction, and landscaping industries. By tapping the Productivity Solutions Grant (PSG), companies can claim up to 80% on their purchase of Opensoft HRMS package. Objectives The grant is to encourage companies to purchase sector-specific equipment for the purposes of achieving productivity benefits and gain better operational efficiency in their work processes. The Productivity Solutions Grant (PSG) was launched on April 2018 to assist businesses in their transformation journey. You can kick-start your technology journey by taking simple steps to automate existing processes and improve productivity. PRODUCTIVITY SOLUTIONS GRANT (PSG) Net Solutions’s Accounting and Human Resource Management System is a Pre-approved Digital Solution under IMDA (Infocomm Media Development Authority) for PSG grant. In an effort to simplify the digitisation process, Productivity Solutions Grant (PSG) is a financial support provided by the Singapore government for SMEs to gain digital capabilities to automate the existing processes and enhance the operational productivity of businesses. For more information about Enterprise Singapore’s suite of assistance tools, visit here. For a start, PSG covers sector-specific solutions including the retail, food, logistics, precision engineering, construction and landscaping industries. What Is The Productivity Solutions Grant (PSG) The Productivity Solutions Grant is focused on adopting internet technology solutions in several selected industries. Productivity Solutions Grant is a Government grant that supports companies that are keen to adopt IT solutions and equipment to enhance their business processes. PSG - PRODUCTIVITY SOLUTIONS GRANT Info-Tech’s Human Resource Management System (HRMS System) is a Pre-approved Digital Solution under IMDA (Infocomm Media Development Authority) for PSG grant. support for job redesign under productivity solutions grant (psg-jr) Developed by Workforce Singapore (WSG), the Support for Job Redesign under Productivity Solutions Grant (PSG-JR) aims to make redesigning jobs easier by providing enterprises with JR consultancy support to complement and drive both their business and workforce transformation. What is the Productivity Solutions Grant? The Productivity Solutions Grant (PSG) supports companies keen on adopting IT solutions and equipment to enhance business processes. PSG supports the adoption of pre-scoped IT solutions, equipment and consultancy services that improves productivity, aligned to the industry roadmaps such as the Industry Transformation Maps (ITMs) and Industry Digital Plans (IDPs). Productivity Solutions Grant Save up to 80% on Shopify plans in Singapore. The Productivity Solutions Grant (PSG) supports companies keen on adopting IT solutions and equipment to enhance business processes. The PSG Laptop Grant support by IMDA has come to an end on 31 th December 2020, we would like to thank all customers for allowing us to support their digital upgrading. Productivity Solutions Grant Save up to 80% on Shopify plans in Singapore Get an 80% discount on the leading platform to start, run, and grow your business when you apply through the Productivity Solutions Grant (PSG) before 31st March 2021. A joint initiative by the Infocomm Media Development Authority (IMDA) and Enterprise Singapore, the Productivity Solutions Grant (PSG) supports companies keen on adopting IT solutions and equipment to enhance business processes. Who can apply? With up to 70% funding support, PSG serves as an avenue for companies to make long-term technology investments. Get up to 80% of your cost subsidised when you sign up for pre-approved Singtel solutions under the Productivity Solutions Grant for SMEs. Do take note of the current support levels and grant caps. A joint initiative by the Infocomm Media Development Authority (IMDA) and Enterprise Singapore, the Productivity Solutions Grant (PSG) supports companies keen on adopting IT solutions and equipment to enhance business processes. Productivity Solutions Grant is a Government grant that supports companies that are keen to adopt IT solutions and equipment to enhance their business processes. As announced at Supplementary Budget 2020, PSG will be enhanced to encourage enterprises to continue their digitalisation and productivity upgrading efforts. If you’d like to become a pre-qualified vendor for PSG IT Solutions, click here to find out more. Because growing your business is our business. (Last updated on 21 January 2021 14:25:26), Internationalisation Finance Scheme (IFS) - Non-Recourse, Double Tax Deduction for Internationalisation (DTDi), Special Situation Fund for Startups (SSFS), Skills Development for Mid-Career Professionals, Purchase/lease/subscription of the IT solutions or equipment must be used in Singapore, Have a minimum of 30% local shareholding; with Company's Group annual sales turnover less than S$100 million, OR less than 200 employees (for selected solutions only), Have contributed at least S$750 Skills Development Levy over the qualifying period, Have employed at least three Singapore Citizens (SCs) or Permanent Residents (PRs) every month over the same period, Have not been qualified for SFEC at any of the earlier periods. Get the latest news on how to grow your business - delivered straight to your inbox. With the Productivity Solutions Grant (PSG), eligible SMEs can now enjoy up to 80% funding support (capped at S$30,000 per company) on the list of readily adoptable solutions which can be found on Tech Depot. Productivity Solutions Grant (PSG) is a joint initiative by the Infocomm Media Development Authority (IMDA) and Enterprise Singapore, it supports local SMEs keen on adopting IT solutions and equipment to enhance business processes. For IT solutions: Get a quotation from the pre-approved vendor. The maximum funding will be raised from 70 What is the eligibility criteria for Productivity Solutions Grant (PSG) applications supported by Enterprise Singapore (ESG)? If you are planning to boost productivity for your company, consider applying for the Productivity Solutions Grant, where SMEs can get up to 70% off on technology solutions and equipment. Receive up to 80% 1 funding support for eligible costs. PSG covers sector-specific solutions including the retail, food, logistic, precision engineering, construction, and landscaping industries. It has all the functionalities any business needs to manage their business and financials efficiently. Productivity Solutions Grant (PSG) is a funding scheme to help Singapore companies adopt IT solutions to improve their business processes. Eligible employers for SkillsFuture Enterprise Credit (SFEC) will receive a one-off $10,000 credit to cover up to 90% of the out of pocket expenses on qualifying costs. Solutions supported under the Productivity Solutions Grant are regularly reviewed. In summary, Productivity Solutions Grant (PSG) is crafted for small-medium enterprises who want to invest in digital technology to help them gain more profit, be efficient and effective. Note: Do check your company’s grant cap on the Business Grants Portal (BGP). The Landscape Productivity Grant (LPG) and Agriculture Productivity Fund (Non-Food) had been streamlined into the Productivity Solutions Grant (PSG). Net Solutions’s Accounting and Human Resource Management System is a Pre-approved Digital Solution under IMDA (Infocomm Media Development Authority) for PSG grant. Productivity Solutions Grant (PSG) The Productivity Solutions Grant (PSG) supports companies in the adoption of pre-scoped IT solutions and equipment that enhances productivity. The support for COVID-19 continuity measures have ceased on 31 Dec 2020. Singapore is well-known as the world’s most favorable and friendliest business environment as the government has launched out a variety of programs and incentives for the business community. Companies keen to improve productivity by adopting technology solutions can now tap this simplified grant. Companies with a view to improving productivity though technology solutions can claim for Productivity Solutions Grant (PSG). © 2021 What is the Productivity Solutions Grant? With up to 70% funding support, PSG serves as an avenue for companies to … Productivity Solutions Grant. Productivity Solutions Grant (PSG) About the Grant The Productivity Solutions Grant (PSG) is a strategic tool under the Environmental Services (ES) Industry Transformation Map (ITM) to raise the operational efficiency and productivity of the ES industry through technology adoption. This listing is not to be taken as a form of endorsement or recommendation by the participating government agencies. Terms included in the Enhanced Productivity Solutions Grant (PSG) To give us run-down of what is included in the enhancement, here’s a list provided by the Enterprise Singapore: Greater support for more sector-specific solutions and a wider range of pre-scoped solutions for businesses beyond IT solutions and equipment. Productivity Solutions Grant (PSG) For companies looking to kick-start their adoption of technology with pre-qualified IT solutions and equipment that enhances productivity. Productivity Solutions Grant The Productivity Solutions Grant (PSG) supports businesses in the adoption of IT solutions or equipment that improve productivity. GoBusiness, Purchase/lease/subscription of the IT solutions/equipment/consultancy service must be used in Singapore. For a start, PSG covers sector-specific solutions including the retail, food, logistics, precision engineering, construction and landscaping industries. What is Productivity Solutions Grant? If you’d like to become a pre-qualified vendor for PSG IT solutions, click here to find out more. The Singapore government has introduced the Productivity Solutions Grant (PSG) to encourage and support businesses in their journey. Applications submitted after 1 Feb 2021 may tap on the grant cap for the next financial year. Other than sector-specific solutions, PSG also supports adoption of solutions that cut across industries, such as in areas of customer management, data analytics, financial management and inventory tracking. This solution will allow your business team to team up from anywhere, anytime, and protect your endpoints, network, IT assets, and important business information. Technology is not about fancy and expensive high-end solutions. The Productivity Solutions Grant (PSG) supports businesses in the adoption of IT solutions/equipment/consultancy service that improve productivity. The Productivity Solutions Grant (PSG) administered by EnterpriseSG and IMDA supports companies keen on adopting IT solutions and equipment to transform their business processes. Other than sector-specific solutions, PSG also supports adoption … The Productivity Solutions Grant (PSG) is coordinated by the Ministry of Trade and Industry’s Grants Management Office and administered by the respective sector-lead agencies. Simply speak to our consultants and we will guide you in the process of obtaining high-quality IT solutions at subsidised rates. From now till 31 March 2021, Singaporean businesses are eligible for up to 80% off the total cost of the Annual Basic, Shopify, Advanced Plans (80% off $3229.20) and up to $6,400 off the total cost of an Annual Plus Plan. PSG also supports businesses’ adoption of broad-based solutions that cut across all industries, such as Customer Relationship Management and Human Resource Management systems. The Productivity Solutions Grant (PSG) supports companies keen on adopting IT solutions and equipment to enhance business processes. If you’re a businessman in Singapore, chances are you’ve heard of or even researched about the Productivity Solutions Grant. The list of readily adoptable solutions can be found on GoBusiness Gov Assist. Business entities can apply for PSG if they meet the following criteria: PSG covers sector-specific solutions including the Retail, Food, Logistics, Precision Engineering, Wholesale, Building and Construction, Financial Service, and Landscaping industries. These solutions have been pre-scoped by various government agencies such as Enterprise Singapore, National Environmental Agency (NEA) and Singapore Tourism Board (STB). Companies are reminded to carry out due diligence when engaging vendors, and not to share the CorpPass with their vendors to carry out submission of any grant application or claims. Beside Job Redesign Grant that we mentioned in our previous blog, Productivity Solutions Grant (PSG) is another indispensable incentive specially designed for … The Productivity Solutions Grant or simply (website PSG grant) is a government initiative that enables SMEs to embark on digital transformation resulting in maximized productivity and enhanced business processes. The PSG support will revert to 70% from 1 April 2021. Productivity Solutions Grant (PSG) This grant helps companies adopt technology solutions to improve productivity and enhance business processes. PSG allows companies to claim funding support of up to 80% Contact us. The Productivity Solutions Grant (PSG) supports Singaporean SMEs in the adoption of pre-scoped IT solutions and equipment that enhances productivity. For a start, PSG covers sector-specific solutions including the retail, food, logistics, precision engineering, construction and landscaping industries. Productivity Solutions Grant is a program under the Environmental Services Industry Transformation Map (ES ITM) designed to augment the operational efficiency and productivity of the ES industry through technology adaptation. Productivity Solutions Grants for Accounting Software (PSG Grants Up to 80% Funding) – PSG Grants Xero The Productivity Solutions Grant (PSG) was introduced by Enterprise Singapore to support and encourage Small Medium Enterprises (SMEs) in Singapore to adopt IT solutions for enhancing business processes. Get an 80% discount on the leading platform to start, run, and grow your business when you apply through the Productivity Solutions Grant (PSG) before 31st March 2021. The Productivity Solutions Grant (PSG) supports companies keen on adopting IT solutions and equipment to enhance business processes. With funding support of up to 80% of the qualifying cost once approved, we’ll definitely help every business entity to make progress in the digital world. The maximum funding support level will be raised to 80% from 1 April 2020 to 30 September 2021. Access the list of supportable solutions eligible for your sector and identify relevant solutions that best suit your business needs. Receive up to 80%1 funding support for eligible costs. The funding programme will … MAS announced the launch of a S$35 million Productivity Solutions Grant (PSG) for the financial services sector to help smaller financial institutions adopt digital solutions for more streamlined data reporting to MAS. The Productivity Solutions Grant (PSG), as announced at Supplementary Budget 2020, will be augmented to encourage enterprises to digitalise and improve work productivity. The Landscape Productivity Grant (LPG) and Agriculture Productivity Fund (Non-Food) had been streamlined into the Productivity Solutions Grant (PSG). Business entities can apply for PSG if they meet the following criteria: PSG covers sector-specific solutions including the retail, food, logistics, precision … What is the Productivity Solutions Grant? What is the Productivity Solutions Grant (PSG)? Productivity Solutions Grant (SkillsFuture Training Subsidy) Companies can tap on this subsidy to train and build a pool of skilled employees to improve productivity and prepare for … Skip to content 133 New Bridge Road, Chinatown Point #10-03 Singapore 059413 [email protected] +65-90612851 ( Whatsapp) 24Hrs -2 The maximum funding will be raised from 70% to 80% until 31 December 2020 for businesses that adopt digital productivity solutions. With up to 80% funding support, PSG serves as an avenue for companies to make long-term technology investments. However, not every IT solution in the market qualifies for the grant. The Productivity Solutions Grant (PSG) supports companies in the adoption of pre-scoped IT solutions and equipment that enhances productivity and business processes PSG has been enhanced to encourage enterprises to continue their digitalization and productivity upgrading efforts, as announced during the Supplementary Budget 2020. ... Business-grade quality solutions Subscribe to a comprehensive suite of solutions that The Productivity Solutions Grant (PSG) supports companies keen on adopting IT solutions and equipment to enhance business processes. Businesses can choose from a list of pre-scoped solutions eligible to their sectors. Productivity Solutions Grant The Productivity Solutions Grant (PSG) supports companies keen on adopting IT solutions and equipment to enhance business processes. The PSG Grants are further enhanced as announced at Supplementary Budget 2020 to fund up to 80% for IT solutions and equipment. 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