Support Grants for Local Businesses
For companies in Singapore wanting to kick-start digital transformation, check out the list of available grants below.
Productivity Solutions Grant (PSG)
PSG covers sector-specific solutions including the retail, food, logistics, precision engineering, construction and landscaping industries. Other than sector-specific solutions, PSG also supports adoption of solutions that cut across industries, such as in areas of customer management, data analytics, financial management and inventory tracking.
PSG will be enhanced to encourage enterprises to continue their digitalisation and productivity upgrading efforts. The maximum funding support level will be raised to 80% from 1 April 2020 to 31 December 2020.
Enterprise Development Grant (EDG)
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, Innovation and Productivity, Market Access.
The grant funds qualifying project costs namely third party consultancy fees, software and equipment, and internal manpower cost. The maximum support level will be raised to 80% from 1 April 2020 to 31 December 2020.
Digital Resilience Bonus
The Digital Resilience Bonus provides additional support to enterprises seeking to uplift their digital capabilities to adapt to safe management practices after the circuit breaker period. As a pilot, the Bonus will be targeted at the Food Services and Retail sectors. There is a greater urgency for these sectors to digitalize and adapt quickly due to the consumer-facing nature of their businesses.
Food Services and Retail enterprises that adopt pre-defined categories of digital solutions can receive bonus payouts of up to $10,000 to offset the cost of adoption.
Get in touch to discuss how we can assist your business
Digital Solutions
Web design and developmentMobile app development
System Integration
Custom software development
Virtual and augmented reality
User experience design
Key Industries
E-commerceHealthcare
Public Sector
Financial Services
Real Estate
Lifestyle
Food and Beverages
