GRANTS FOR SINGAPORE SME
To maximize your savings
PRODUCTIVITY SOLUTIONS GRANT (PSG)
As announced at Supplementary Budget 2020, PSG will be enhanced to encourage enterprises to continue their digitalisation and productivity upgrading efforts. The maximum funding support level will be raised to 80% from 1 April 2020 to 31 December 2020.
ENTERPRISE DEVELOPMENT GRANT (EDG)
As announced at Supplementary Budget 2020, the maximum support level will be raised to 80% from 1 April 2020 to 31 December 2020. 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