Grant terms change. The figures below are current as of June 2026; confirm the latest on the official Business Grants Portal before you apply. From the second half of 2026 a new grant, EDGE, streamlines the PSG, EDG, and MRA into one; see the note at the end.
The Productivity Solutions Grant, almost always called the PSG, is one of the most widely used government grants for Singapore SMEs. It helps companies improve productivity and automate existing processes by adopting pre-approved IT solutions and equipment. If you’ve heard that “the government co-pays for software,” the PSG is usually what’s meant.
What the PSG covers
The PSG funds three things:
- Pre-approved IT solutions: software across common business functions such as accounting, HR, inventory, customer management, and e-commerce.
- Equipment: pre-approved productivity equipment relevant to your sector.
- Consultancy: advisory services delivered by pre-approved consultants.
The defining word is pre-approved. The PSG works from a curated list of vetted solutions and providers. That makes it fast and low-risk to apply for, but it also sets the boundary: bespoke, custom-built software generally falls outside the PSG. Custom development and larger transformation projects are the territory of the Enterprise Development Grant (EDG), not the PSG.
Who’s eligible
A company generally qualifies if it meets all of the following:
- Registered and operating in Singapore.
- At least 30% local equity, held directly or indirectly by Singapore citizens and/or Permanent Residents.
- SME size: group annual sales turnover not exceeding S$100 million, or group employment size not exceeding 200 employees.
- The solution or equipment is used in Singapore.
How much you get
Local SMEs can receive support of up to 50% of eligible costs, subject to an annual grant cap of S$30,000 per company. That cap runs by grant year, from 1 April to 31 March, and covers all EnterpriseSG-supported solutions, so it’s worth planning which solutions to put through within a year rather than treating each purchase in isolation.
How to apply and claim
Both the application and the later claim are handled through the Business Grants Portal (apply.gov.sg/grants/business), using your company’s CorpPass login. In outline:
- Identify the pre-approved solution you want from the official listing.
- Get a quotation from the approved vendor.
- Submit the application on the portal before you sign any contract or make any payment to the vendor.
- Once approved, implement the solution, then submit your claim with the required documentation.
The sequence matters: applying after you’ve already bought the solution is the most common reason applications run into trouble.
What’s changing in 2026
In March 2026, under its Business Refresh Package, Enterprise Singapore announced EDGE: a new grant that streamlines three existing schemes into one, the PSG, the Enterprise Development Grant (EDG), and the Market Readiness Assistance (MRA) grant. From the second half of 2026, businesses will apply by the activity they’re funding, such as digitalisation or efficiency, rather than working out which grant it falls under. EDGE is set to support all Singapore businesses, including non-SMEs, with up to S$100,000 per year for eligible activities, and larger requests assessed case by case. The existing grants stay open until EDGE launches. If you’re planning around grant funding this year, factor in that the structure is changing and check the current position on the portal.
The PSG is the right starting point for adopting proven, off-the-shelf tools quickly and cheaply. When the project is bigger or genuinely custom (bespoke software, process redesign, real transformation), the EDG is the scheme to understand. If you’re weighing a digital, data, or AI project and want a clear read on which path fits and what work qualifies, that scoping is something our team is happy to help with.
