Get up to 50% funding support with the Productivity Solutions Grant (PSG) when you use Xero through an approved PSG vendor.
The Productivity Solutions Grant (PSG) is a joint initiative by the Infocomm Media Development Authority (IMDA) and Enterprise Singapore. It helps companies adopt IT solutions and equipment to improve their business processes.
PSG supports solutions used across various industries, including customer management, vendor management, bank reconciliations, project costing, expeneses claim, data analytics, financial management, and inventory tracking.
Announced in the Supplementary Budget 2020, PSG has been improved to encourage businesses to continue digitalizing and enhancing productivity. Starting from April 1, 2023, the grant will cover up to 50% of the costs.
SMEs can apply for the PSG if they meet these criteria:
You need to provide the following documents when applying for the Productivity Solutions Grant (PSG).
Businesses that cannot apply for the PSG in Singapore include:
Don't miss this great opportunity to modernize your business and boost efficiency. Contact us today to learn more and start your PSG journey with Clooud Consulting! Get in touch now to find the best options for your needs.
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