Productivity Solutions Grant FAQs
Singapore rests a mile ahead of other countries in the world when bidding to expedite digital transformation to enter a future that relies on cutting-edge technologies. The country is widely known to offer numerous financial assistive grants to local companies that decide to adopt technological solutions.
Among the many government-aided assistive measures in Singapore is the Productivity Solutions Grant. This popular SME grant is designed to sponsor companies that are willing to deploy equipment and IT solutions to elevate their existing businesses processes to be faster, better and more relevant.
As long as you meet the eligibility criteria, you simply have to visit the Go Business website and start the application process. Before leveraging the available PSG grant opportunities, you need to be sure it is precisely what you’ve been longing for all this while. Here are some FAQS about the Productivity Solutions Grant.
What Does the PSG Grant Cover?
The PSG grant digital marketing is a fund that either covers the equipment or IT solutions you want to take upin your business. Sector-specific solutions can be claimed under certain regulations including software and hardware that are applicable for industrial genres such as logistics, tourism, media, healthcare, precision engineering and landscaping industries.
Moreover, the PSG grant covers solutions that are developed to optimize businesses functional growth such as inventory tracking, customer management and financial management. It simply narrows to understanding what works best for your digital marketing expedition before commencing the application process.
How Many PSG Grants can I apply for?
It is possible to submit more than one application for the PSG digital marketing government funding in Singapore but this is entirely dependent on your business needs. However, the financial support can only be offered to a single package per solution category to one deployment location.
For instance, if you apply for the same IT solution for the same deployment location for a second time your application will definitely be invalidated and not processed. When filling applications to employ remote workspaces, you as well apply for a single solution per category, either virtual meeting tools or online collaboration tools.
It never kills to ask any question you might be having in mind before applying for the Productivity Solutions Grant in Singapore. In fact, this is the ideal way to ensure you maximize your chances of landing the funding and finance your digital marketing campaigns.