Bona

Productivity Solutions Grant

The Productivity Solutions Grant (PSG) supports companies in the adoption of pre-scoped IT solutions and equipment that enhances productivity. PSG covers sector-specific solutions including the retail, food, logistics, precision engineering, construction and landscaping industries. 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. 
Companies can apply for PSG if they meet the following criteria:
• Registered and operating in Singapore
• Purchase/lease/subscription of the IT solutions or equipment must be used in Singapore
• (Selected solutions only) An SME with minimum 30% local shareholding; AND Company’s Group annual sales turnover less than S$100 million, OR less than 200 employees
The maximum funding support level will be raised to 80% from 1 April 2020 to 31 December 2020.