GRANTS FOR SINGAPORE SME
To maximize your savings
PRODUCTIVITY SOLUTIONS GRANT (PSG)
Studio Manager is a pre-approved solution under the Productivity Solutions Grant (PSG).
As announced at Budget 2022, PSG will be enhanced to encourage enterprises to continue their digitalisation and productivity upgrading efforts. The maximum funding support level will be 70% from 1 April 2022.

ENTERPRISE DEVELOPMENT GRANT (EDG)
The Enterprise Development Grant (EDG) helps Singapore companies grow and transform.
The grant will fund qualifying project costs, namely third party consultancy fees, software and equipment, and internal manpower cost.

INCLUSIVE GROWTH PROGRAMME (IGP)
The Inclusive Growth Programme (IGP) is a fund managed by e2i that helps companies kick-start productivity projects, with companies in return sharing the productivity gains with their workers through higher wages.
Capped at $1 million over two years per company, IGP can be used to fund:
• Up to 50% of productivity improvement costs
• Up to $300,000 per project

SKILLSFUTURE ENTERPRISE CREDIT (SFEC)
The SkillsFuture Enterprise Credit (SFEC) encourages employers to invest in enterprise transformation and capabilities of their employees. Eligible employers will receive a one-off S$10,000 credit to cover up to 90% of out-of-pocket expenses on qualifying costs for supportable initiatives, over and above the support levels of existing schemes.

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