How the Productivity Solutions Grant (PSG) Can Help Your Business

Posted by Nick on February 11th, 2022

Many will agree that Singapore is one of the most technologically advanced countries in the world. To ensure Singapore continues to be a key player for technology and innovations worldwide, the government has supported small-to-medium-sized enterprises (SMEs). This is possible through the PSG digital marketing grant.

This grant encourages the adoption of a broad range of IT solutions, equipment, and consultancy services for digitalization. If you are yet to give it a try, there is no other better time to do so than now. Below are some things you need to know about the Productivity Solutions Grant (PSG) in Singapore.

First, you must understand what this grant entails before giving it a try. PSG is a grant that supports companies and enterprises in dire need of financing digital solutions and equipment to improve their solutions. It mainly covers sector-specific solutions to help businesses from different industries.

With this grant, you can choose from a wide range of industries-based digital solutions for your business.  However, you will first have to meet the eligibility criteria set before you can finally take advantage of this grant in Singapore.

There is more to the Productivity Solutions Grant than you might probably be thinking. As mentioned above, this grant supports businesses\' adoption of broad-based digital solutions. This is easy to see why, as they offer up to 80% financing if you apply for a PSG grant. However, you ought to be on the lookout for updates from time to time if you are looking forward to filling out the application form.

The good thing about this grant is that it applies to most industries. Some of the most notable industries that can take advantage of what it offers to include logistics, construction, food and beverage, landscaping, precision engineering, to mention a few.

There you have it, some of the things you ought to know before you finally decide to apply for the Productivity Solutions Grant in Singapore. Either way, be sure to do your homework and determine what makes this grant worth leveraging. Fortunately, you can get more details on PSG digital marketing grant here without the hassle and clear all the doubts in mind.