SMEs can apply for PSG if they meet the following criteria:
Eligible employers who fulfill the following criteria can also qualify for additional subsidies under the SkillsFuture Enterprise Credits (SFEC) scheme:
Contact us to find out how you can leverage on this PSG scheme. We will arrange the partner to follow up for you.
Here are the steps you can take when applying for PSG:
Visit GoBusiness Gov Assist to access the list of supportable solutions and identify relevant solutions that best suit your business needs.
For IT solutions: Get a quotation from the pre-approved vendor. For equipment: Source for the equipment and get a quotation from the vendor
Submit an application on the Business Grants Portal (BGP). You will need to register for a CorpPass account to transact on the portal.
Click here for a step-by-step guide, covering:
FAQ on PSG
Today and into the future, companies that thrive are the ones that have strong business foundations and strategies, adopt technology and innovative processes, and grow their overseas presence.
The Enterprise Development Grant (EDG) helps Singapore companies grow and transform. This grant supports projects that help you upgrade your business, innovate or venture overseas, under three pillars:
Core Capabilities
Projects under Core Capabilities help businesses prepare for growth and transformation by strengthening their business foundations. These should go beyond basic functions such as sales and accounting.
Innovation and Productivity
Projects under Innovation and Productivity support companies that explore new areas of growth, or look for ways to enhance efficiency. These could include reviewing and redesigning workflow and processes. Companies could also tap into automation and technologies to make routine tasks more efficient.
Market Access
Projects under Market Access support Singapore companies that are willing and ready to venture overseas. You may tap into the EDG to help defray some of the costs of expanding into overseas markets.
What does the EDG support?
The grant funds qualifying project costs namely third party consultancy fees, software and equipment, and internal manpower cost.
The maximum support level is now 50%.
Eligibility
To qualify for the EDG, you need to:
Applications will be assessed by Enterprise Singapore based on project scope, project outcomes and competency of the following criteria can also qualify for additional subsidies under the SkillsFuture Enterprise Credits (SFEC) scheme:
How to apply?
Contact us to find out how you can leverage on this EDG scheme. We will arrange the partner to follow up for you.
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