Get 80% or more PSG funding to modernize your F&B business
Leverage on technology to lower cost, increase revenue and improve profile margin your your restaurant and get part of your cost funded by government grant. Talk to us today and make your F&b business more successful.
Cover up to 70% of your Vend costs with the PSG Grant
Thinking to start a retail business? Let Vend help you to manage your business and get part of your cost covered by the Productivity Solutions Grant (PSG). Find out how you can take advantage of the PSG and start applying
Frequently asked questions
What is PSG grant?
These solutions have been pre-scoped by various government agencies such as Enterprise Singapore (ESG), National Environment Agency (NEA) and Singapore Tourism Board (STB).
Is my business eligible for PSG?
If your company fulfill follow criteria you are eligible for PSG.
Registered and operating in Singapore
Purchase/lease/subscription of the IT solutions or equipment must be used in Singapore
(Selected solutions only) An SME with minimum 30% local shareholding; AND Company's Group annual sales turnover less than S$100 million, OR less than 200 employees
How can my business apply for PSG?
Access the list of supportable solutions from below and identify relevant solutions that best suit your business needs.
For IT solutions : Get a quotation from the pre-approved vendor.
For equipment : Source for the equipment and get a quotation from the vendor.
Submit an application on the Business Grant Portal (BGP). You will need to register for a CorpPass account to transact on the portal.
Who can apply for IGP support?
All businesses/societies/associations registered in Singapore and carrying out businesses/activities in Singapore may apply for IGP support.
What projects are eligible for IGP?
All productivity improvement projects that will share gains with local low-wage workers may apply for IGP funding support. Fundable projects include: Automation & equipment costs, process re-engineering and training costs directly associated with the productivity improvement projects.
How to apply?
- You should start by contacting e2i Industry Specialist
Get ready for following documents,
Background: Nature of business + Current challenges & Productivity solutions
3 Quotations with selected equipment + Vendor
Worker's details - Name, Position, NRIC/DOB, Current basic + Fixed incentives & proposed higher basic salaries