GRANTS FOR SINGAPORE SME
To maximize your savings
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 grant will fund qualifying project costs, namely third party consultancy fees, software and equipment, and internal manpower cost.
INCLUSIVE GROWTH PROGRAMME (IGP)
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