Productivity Solutions Grant in Singapore

Once applications have been approved and service rendered has been completed, eligible companies can claim up to 50% of eligible costs for local SMEs and receive up to $30,000 and improve business productivity.

They will also get support for sector-specific and generic solutions that are pre-approved by EnterpriseSG and other participating agencies.

1. Before processing your application, make sure to prepare the necessary documents by referring to the PSG Application Checklist.

2. Visit the GoBusiness Gov Assist website to access the list of supportable solutions. Find out which relevant solution best suits your business needs. QuickHR can be found via the following links:

HRMS: https://www.gobusiness.gov.sg/productivity-solutions-grant/solutionrepo/solution376
E-Scheduling: https://www.gobusiness.gov.sg/productivity-solutions-grant/solutionrepo/solution1170

3. Get direct quotations from your chosen Pre-Approved PSG Vendor or Consultant.

For IT solutions: Get a quotation from the pre-approved vendor.

After choosing the solution based on your headcount from the GoBusiness Gov Assist website, please reach out to us at sales@quickhr.co and we’ll send you a pre-approved quotation!

We will also be available for product demos and will provide full assistance with the grant application moving forward.

For equipment: Source the equipment and get a quotation from the vendor.

Notes:

• The organisation should NOT have signed any contract or made any payment before submitting the PSG application.
• Make sure that the IT solutions and vendors must be pre-qualified under the grant.

4. Sign in to your Corppass account to transact on the Business Grants Portal (BGP) then submit your application. Sign up if you don’t have a Corppass account yet. You may refer to these guides, Corppass user guide and BGP step-by-step-guide, if you need any help.

5. Once you’ve submitted your application, you should receive an update on your application within 6 weeks after submitting all the requirements.

Keep in mind that incomplete applications will be rejected. However, you may still reapply with all the required information.

From 1 April 2023 onwards, the maximum support level will be up to 50%.

For the PSG grant, each company is subject to a yearly grant maximum of S$30,000, which begins on 1st April and ends on 31st March the following year.

The processing time of applications is about 6 weeks from the submission of all required Information.

It’s highly encouraged to submit the applications ahead of time to account for the application outcome and/or processing duration required.

Note: Due to the large number of grant applications submitted, you may encounter a longer processing time than usual. To check on the status of your application, you may visit the Business Grants Portal.

1 .The acceptor of a company can login to the company’s Business Grants Portal account. Click on the ‘Updates Required’ tab on ‘My Grants’ page.

2. Click on the ‘Letters And Documents’ section to access the Letter Of Offer (LOF).

3. Download and read the LOF, then click ‘Accept’ to accept the terms of the digital marketing PSG grant.

Organisations are allowed to submit more than one PSG application each year, depending on business needs.

However, take note that the financial assistance can only be extended for one package per solution category and per deployment location.

You can submit claims for reimbursement by submitting all the required claim documents on the Business Grants Portal. Please ensure that your HR solution:

• is purchased or subscribed as approved in the application
• has been used for 30 days
• has been paid in full

There can only be one claim per approved application. Disbursements can only be made after the claims have been approved.

Claims are processed within 4-6 weeks from the submission of all required details.

It’s also encouraged to submit your claim after the digital solution has been fully deployed. This is to provide documents that’ll show the use of the solution for at least one month.

Remember that incomplete submissions will cause delays. If your company has submitted your GIRO form, funds will be disbursed in up to 14 working days from the date of claim approval.

From 1 February 2023, funds will be disbursed through PayNow Corporate. You are encouraged to register for PayNow Corporate with your UEN through your respective banks. You can submit your details through FormSG. Access the ESG GIRO form