Sector overview · SSIC 47

Retail companies in Singapore

Retail SMEs digitalise fastest with e-commerce, POS and inventory tools: most of which are PSG pre-approved. The live ACRA registry shows a large, active retail base across Singapore.

Ceased 29 September 2026

Enterprise Singapore's PSG ceased on 29 September 2026.

Enterprise Singapore's Productivity Solutions Grant (PSG) stopped taking new applications on 29 September 2026. Applications submitted by 29 September 2026 continue under their original scheme's requirements, and projects already underway are supported to completion. New applications for this kind of project now go through the EDGE Grant.

For SFEC-supported programmes under PSG, the final claim must reach Enterprise Singapore by 30 November 2026. PSG administered by other agencies moves to EDGE in phases from November 2026.

Grant cap, per company per year: S$100,000
Digital and automation sub-cap: S$30,000
SMEs, most activities: Up to 50%
SMEs, overseas and sustainability: Up to 70%

The cap is shared across all activities and refreshes each 1 April. The S$30,000 sits inside it and covers single-function digital solutions, integrated enterprise systems and selected automation activities. Non-SMEs get up to 50% on internationalisation and sustainability activities and up to 30% on everything else. Rates are from the EnterpriseSG media release MR 040/26, Annex B, 9 September 2026. Eligibility and the final amount are decided by Enterprise Singapore.

Not affected. The CTC grant runs through NTUC and e2i rather than Enterprise Singapore, so EDGE does not touch it, and its deadline was extended to 31 March 2028. WDG(JR+) also survives, administered by SWDA at up to 70% for SMEs and up to 50% for non-SMEs, capped at S$150,000 per enterprise.

What EDGE funds, and what is still open

Grants for this sector

PSG(closed to new applications on 29 September 2026)

50% off e-commerce, POS and inventory tools

CTC

up to 70% across equipment, software, consultancy & training

Common questions

What grants can a retail business in Singapore get?

Enterprise Singapore's PSG stopped taking new applications on 29 September 2026. New applications now go through the EDGE Grant. Retail SMEs typically use PSG for e-commerce, POS and inventory (50%, S$30k cap per category) and CTC for the surrounding transformation (up to 70% across equipment, software, consultancy and training). EEG applies to energy-intensive retail operations.

Retail industry hub Best PSG tools for Retail Grant Index 2026

For Retail owners

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Other sectors

F&B (Food & Beverage)Wholesale Trade Professional Services IT & Software Construction Logistics & Transport Healthcare Beauty & Wellness Education & Training

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.

Live counts and company samples sourced from ACRA via data.gov.sg (Open Data Licence), refreshed periodically. Independent tool, not affiliated with ACRA.