OpenEnterprise Singapore
Productivity Solutions Grant (PSG)
The Productivity Solutions Grant (PSG) supports companies in adopting pre-approved IT solutions and equipment to enhance business processes. With up to 50% funding support, SMEs can access AI-powered tools for automation, customer engagement, and operational efficiency.
Max Funding
S$600,000
Co-Funding
Up to 50%
Eligibility
- Registered and operating in Singapore
- Purchase/lease/subscription of IT solutions or equipment
- Minimum 30% local shareholding
- Group annual sales turnover ≤ S$100M OR group employment ≤ 200 employees
Key Highlights
Pre-approved AI solutions available
Quick approval process (4-6 weeks)
Covers software, equipment, and consultancy
Up to 50% co-funding support
Suitable For
SMEsF&BRetailLogisticsHealthcare