PSG Grant Singapore 2026: Complete Application Guide for SMEs

The Productivity Solutions Grant is one of the most accessible government grants available to Singapore businesses in 2026. It covers up to 50% of the cost of pre-approved digital solutions — accounting software, CRM systems, e-commerce platforms, HR tools, cybersecurity packages, and more. Yet thousands of eligible SMEs do not apply every year, either because they assume the process is too complicated or because they do not know the grant exists.

This guide covers everything you need to know: what the PSG grant is, whether your business qualifies, what solutions are supported, how to apply step by step, and practical tips to improve your chances of a smooth approval.

What Is the Productivity Solutions Grant (PSG)?

The PSG is a government grant administered by Enterprise Singapore (EnterpriseSG) that helps Singapore businesses adopt pre-approved IT solutions and equipment to improve productivity. It was introduced in April 2018 as part of the government's push to help SMEs digitalise, and it has been one of the most widely used business grants since.

The grant covers up to 50% of qualifying costs for solutions in specific categories. Unlike the Enterprise Development Grant (EDG), which supports customised projects, the PSG focuses on off-the-shelf, pre-approved solutions — meaning the application process is simpler and approval is faster.

The PSG is funded through the national budget and is part of Singapore's broader Smart Nation initiative to ensure that even small businesses can adopt digital tools without bearing the full cost.

Who Is Eligible for the PSG Grant?

To qualify for the PSG, your business must meet all of the following criteria:

Business registration: Your company must be registered and operating in Singapore. This includes private limited companies, sole proprietorships, partnerships, and limited liability partnerships.

Local shareholding: At least 30% of the company must be owned by Singapore Citizens (SC) or Permanent Residents (PR). This is measured by shareholding, not by the nationality of directors.

Company size: Your business must have annual revenue of no more than S$100 million OR no more than 200 employees. You only need to meet one of these two conditions.

Purchase and use in Singapore: The IT solution or equipment must be purchased for use in Singapore. Solutions deployed overseas or for overseas operations do not qualify.

Not a subsidiary of a large enterprise: If your company is a subsidiary or affiliate of a large local or foreign corporation, you may not qualify even if the subsidiary itself is small. EnterpriseSG assesses group-level revenue and headcount.

What Solutions Does the PSG Cover?

The PSG covers pre-approved solutions across several categories. Each category has a list of approved vendors and specific solution packages. The most commonly used categories in 2026 include:

Accounting and Finance

Solutions that automate bookkeeping, invoicing, GST filing, and financial reporting. Popular approved solutions include cloud-based accounting platforms that integrate with IRAS for direct GST submission.

Customer Relationship Management (CRM)

CRM platforms that help businesses manage customer interactions, track leads, automate follow-ups, and analyse sales pipelines. These are among the most popular PSG claims.

E-Commerce

Online store solutions including website development, product catalogue management, payment gateway integration, and order fulfilment tools. This category saw a surge during and after the pandemic and remains one of the highest-demand PSG categories.

Human Resource Management (HRM)

Payroll processing, leave management, attendance tracking, and employee self-service portals. HR solutions that integrate with CPF and IRAS are especially popular.

Inventory Management

Stock tracking, warehouse management, and supply chain tools that help businesses reduce waste and improve order accuracy.

Cybersecurity

Endpoint protection, managed detection and response (MDR), vulnerability assessments, and security awareness training. With rising cyber threats, EnterpriseSG has expanded the cybersecurity category significantly.

Digital Marketing

Solutions for search engine optimisation (SEO), social media management, email marketing automation, and online advertising management.

Data Analytics and Business Intelligence

Dashboards, reporting tools, and analytics platforms that help businesses make data-driven decisions.

Point of Sale (POS)

Integrated POS systems for retail and F&B businesses, including hardware and software packages.

To see the full list of currently approved solutions and vendors, visit the GoBusiness PSG page.

How Much Does the PSG Cover?

The current support level is up to 50% of qualifying costs. This means if a pre-approved accounting solution costs S$10,000, the PSG would cover up to S$5,000, and your business pays the remaining S$5,000.

The grant covers:

• Software subscription fees (typically 12 months)
• Initial setup and configuration
• Training for your team
• Hardware that is bundled with the solution (for some categories)

The grant does not cover:

• Ongoing subscription fees beyond the supported period
• Customisation or development work outside the pre-approved package
• Solutions that are not on the approved list
• Hardware purchased separately from the solution package

Maximum Grant Amount

The cap varies by solution category. Most categories have a maximum qualifying cost of S$20,000 to S$60,000, meaning the maximum grant (at 50%) ranges from S$10,000 to S$30,000 per solution. Check the specific solution listing on GoBusiness for exact figures.

How to Apply: Step-by-Step Guide

Step 1: Check Your Eligibility

Before investing time in an application, verify that your business meets all the eligibility criteria listed above. The most common reason for rejection is failing the 30% local shareholding requirement.

Step 2: Identify the Right Solution

Browse the GoBusiness PSG page to find approved solutions in the category you need. Each listing shows the vendor, solution name, package details, qualifying cost, and grant amount.

Compare multiple vendors within the same category. While all approved solutions meet baseline requirements, they differ in features, user experience, and vendor support quality. Request demos from 2-3 vendors before deciding.

Step 3: Get a Quotation

Contact your chosen vendor and request a formal quotation. The quotation must reference the specific PSG-approved package — not a custom proposal. Most vendors experienced with PSG will know exactly what documentation is needed.

Step 4: Submit Your Application

Applications are submitted through the Business Grants Portal (BGP) at bgp.gobusiness.gov.sg. You will need:

• Your business's CorpPass account (not SingPass — CorpPass is for business transactions)
• Company registration details (UEN, ACRA profile)
• The vendor quotation referencing the PSG-approved solution
• A brief description of your business and why you need the solution
• Bank account details for grant disbursement

The application form itself is straightforward — most businesses complete it in under an hour. The system pre-fills much of your company information from government databases.

Step 5: Wait for Approval

Processing typically takes 4 to 6 weeks. You will receive email notifications about your application status. During this period, EnterpriseSG may request additional information or clarification.

Important: Do not purchase or start using the solution before receiving approval. Costs incurred before the Letter of Offer is issued are not claimable.

Step 6: Engage the Vendor

Once approved, you will receive a Letter of Offer specifying the grant amount and conditions. You can then proceed to engage the vendor and begin implementation.

Step 7: Submit Your Claim

After the solution is implemented, submit your claim through the BGP with:

• Proof of payment (invoices and receipts)
• Evidence that the solution is deployed and in use
• Any other documentation specified in your Letter of Offer

The grant amount is disbursed directly to your business bank account, typically within 4 to 6 weeks of claim approval.

Tips for a Successful PSG Application

Apply for What You Actually Need

Do not apply for a solution just because the grant is available. The businesses that get the most value from PSG are the ones that had a genuine operational need — manual processes that waste time, lack of visibility into business data, or customer management that relies on spreadsheets and memory.

Prepare Your CorpPass Early

If you do not already have CorpPass set up for your business, do it well before you plan to apply. CorpPass registration and authorisation can take 1-2 weeks, and you cannot submit a BGP application without it.

Choose Vendors with PSG Experience

Vendors who have handled many PSG applications know the process, prepare the right documentation, and can guide you through common pitfalls. Ask potential vendors how many PSG projects they have completed.

Keep Your ACRA Records Current

Your company registration must be in good standing. If there are any outstanding ACRA filings or compliance issues, resolve them before applying.

Budget for Your Co-Payment

The PSG covers up to 50%, but you need to pay the remaining 50% upfront in most cases. Ensure you have the cash flow to cover this. The grant reimbursement comes after implementation, not before.

Do Not Start Before Approval

This is the most common mistake. If you sign a contract or make a payment before receiving the Letter of Offer, those costs become ineligible. Wait for approval, even if it means a few weeks of delay.

Common Mistakes That Delay or Reject Applications

Incomplete documentation: Missing quotations, incorrect company details, or unsigned documents are the most common causes of delays.

Wrong solution package: Applying for a package that is not on the approved list, or requesting customisation outside the approved scope, will result in rejection.

Shareholding issues: If your company's ACRA profile does not clearly show 30% local shareholding, be prepared to provide additional documentation.

Starting work before approval: Any costs incurred before the Letter of Offer date are not claimable, and in some cases this can invalidate the entire application.

Applying for a solution you already have: The PSG is for new adoption. If you are already using the same category of solution (even from a different vendor), your application may be questioned.

PSG vs Other Government Grants

Singapore offers several grants for businesses. Here is how the PSG compares to other common options:

PSG vs EDG (Enterprise Development Grant): PSG covers pre-approved off-the-shelf solutions. EDG covers customised projects (custom software development, business consultancy, market expansion). EDG has a longer approval process and requires a more detailed application, but supports higher-value projects.

PSG vs MRA (Market Readiness Assistance): MRA supports internationalisation — overseas marketing, trade fairs, business missions. It is for businesses looking to expand beyond Singapore.

PSG vs CTO-as-a-Service: The CTO-as-a-Service programme provides SMEs with access to a digital consultant who helps identify the right technology solutions. It pairs well with the PSG — use CTO-as-a-Service to figure out what you need, then use PSG to fund it.

How Adaptels Can Help

At Adaptels, we build custom web applications, e-commerce platforms, and digital solutions for Singapore businesses. While our custom development work falls under the EDG rather than PSG, we help SME clients navigate the grants landscape and identify which funding programmes suit their needs.

If you need a pre-approved e-commerce or digital marketing solution, we can recommend PSG-approved vendors we have worked with. If your needs are more complex — a custom web application, a bespoke CRM, or a tailored automation system — we can help you explore EDG funding for a fully customised solution.

Get in touch to discuss which approach makes sense for your business.

Timeline: What to Expect

Here is a realistic timeline for a typical PSG application in 2026:

Week 1-2: Research solutions, compare vendors, request quotations

Week 2-3: Prepare application, gather documents, set up CorpPass if needed

Week 3: Submit application through BGP

Week 7-9: Receive approval (4-6 weeks processing)

Week 9-13: Vendor implements the solution (varies by complexity)

Week 13-15: Submit claim with proof of payment and deployment

Week 17-21: Receive grant disbursement

From first research to money in your account, expect approximately 4-5 months. The actual effort on your part is concentrated in the first 2-3 weeks and the final claim submission.

Final Thoughts

The PSG grant is one of the most straightforward government grants available to Singapore businesses. The application process is simpler than most business owners expect, the approval rate is high for eligible businesses, and the 50% cost reduction makes digital adoption significantly more accessible.

If your business is still running on spreadsheets, manual processes, or disconnected tools, the PSG removes the biggest barrier to upgrading — cost. The time to apply is now, before your competitors do.

Start by browsing the approved solutions on GoBusiness and identifying the category that would make the biggest difference to your daily operations. Then talk to 2-3 approved vendors, pick the one that fits, and submit your application. Four to six weeks later, you will be on your way to a more productive business — with the government covering half the bill.