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PSG · Singapore SME grants

How much is the PSG grant in Singapore?

Short answer

The Productivity Solutions Grant (PSG) funds 50% of the cost of a pre-approved digital or AI solution, capped at S$30,000 per company per solution category. So a S$10,000 solution returns S$5,000; a S$70,000 solution still returns the S$30,000 maximum. You pay the vendor, then claim the subsidy back.

Key facts

  • Funding rate: 50% of qualifying cost
  • Cap: S$30,000 per company per solution category
  • Only pre-approved solutions on the SMEs Go Digital list qualify
  • Reimbursement model — you pay first, claim after deployment

PSG is administered by Enterprise Singapore. The 50% rate is fixed; the S$30,000 cap applies per solution category, which means a company adopting solutions across two different categories (say a chatbot and an HRMS) can claim up to the cap in each.

The grant is a reimbursement, not an upfront discount. You sign with the vendor, pay, deploy, then submit your claim with the invoice and proof of payment through the Business Grants Portal. Plan your cash flow around that gap.

I advise SME owners on which pre-approved solution actually fits their query mix or workflow before they commit — the cheapest option that doesn't solve the real bottleneck costs more than a pricier one that does.

Answered by Nick Tung— a seasoned Singapore entrepreneur and PMC-certified consultant (PMC-10960) with deep first-hand familiarity across Singapore's SME grant landscape (PSG, EDG, MRA, CTC). My focus is helping SMEs adopt enterprise and workforce AI transformation; government funding is one of the support options businesses can tap through the official channels. More about how I work →

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Sources:EnterpriseSG, IMDA, NTUC, Singapore Government open data. Factual content (grant rules, eligibility, vendor data, pricing) is sourced directly from official government portals and remains the copyright of those respective agencies. Analysis, commentary and editorial framing are the author's own. Always verify the latest on GoBusiness, EnterpriseSG, or SMEs Go Digital before applying.