The Productivity Solutions Grant (PSG) supports SMEs that are keen to improve their productivity by adopting pre-approved IT solutions to enhance business processes. From 1 April 2023 onwards, the maximum funding will be up to 50% Businesses that apply for PSG before 31 March 2023 will still be entitled up to 70% funding.
The PSG supports pre-approved software solutions which include the software license, subscription, setup, data migration and training. Equipment is also supported under PSG grant but it is limited to a few industries such as Food & Beverages (F&B) and environmental services.