PSG ELIGIBILITY CRITERIA
To qualify for the Productivity Solutions Grant, companies must first meet the following criteria:
- Your business must be registered and operating in Singapore.
- Your company cannot fall under any of these categories: charities, institutions of public characters (IPCs), religious entities, voluntary welfare organisations (VWOs), government agencies, or their subsidiaries.
- Your business must have at least 30% local shareholding, but this only applies to selected solutions.
- If your company belongs to a corporate group, your company group’s annual sales turnover should not exceed S$100 million, or the company group’s employment size should be no more than 200 employees.
- A corporate group includes the applicant, holding companies that own at least 50% of the applicant, and subsidiaries that the applicant owns at least 50% thereof.
If you are unsure of eligibility, consult MediaOne, an accredited PSG Grant Vendor or the SME Centre.