PSG Eligibility Criteria

SMEs can apply for PSG if they meet the following criteria:

  • Registered and operating in Singapore
  • IT solutions or equipment must be used in Singapore
  • Have a minimum of 30% local shareholding; with Company's Group annual sales turnover less than S$100 million, OR less than 200 employees (for selected solutions only)

SMEs that have claimed the grant more than a year ago can reapply.

How much does PSG cover?

The PSG government grant covers up to 80% of the total cost for technological solution and the total amount claimable is capped at $30,000.

What is a pre‐approved vendor?

Pre-approved vendors are companies who offer technological solutions that meet all the predefined criteria set by IMDA. These criteria ensure that the technological solution is able to contribute significantly to the business process.

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      Singapore 179433