Productivity Solutions Grant
![PSG Banner](https://universalsteel.com.sg/wp-content/themes/wolmart/assets/images/lazy.png)
Summary
For local SMEs looking for IT solutions and equipment.
Funds individual projects intended to improve productivity, limited to a pre-approved list of vendors.
About this Programme
The Productivity Solutions Grant (PSG) helps Singapore companies improve their productivity and automate existing processes through IT solutions and equipment.
• Up to 50% of eligible costs for local SMEs
Receive up to $30,000 and improve your business productivity.
• Sector-specific and generic solutions
Get support for sector-specific and generic solutions that are pre-approved by EnterpriseSG and other participating agencies.
Eligibility
• Business entity registered and operating in Singapore
• Company has at least 30% local equity held directly or indirectly by Singaporean(s) and/or Singapore PR(s), determined by the ultimate individual ownership
• Company has a Group Annual Sales Turnover not exceeding S$100 million OR a Group employment size not exceeding 200 employees
• IT solutions or equipment that are purchased, leased, or subscribed to must be used in Singapore
• Company does not fall under these categories
• Charities, Institutions of Public Characters (IPCs), Religious Entities, Voluntary Welfare Organisation (VWO), Government agencies and subsidiaries, and societies cannot apply for this grant.
Note: Employers eligible for the SkillsFuture Enterprise Credit (SFEC)* can qualify for additional subsidies under the scheme.
The SkillsFuture Enterprise Credit (SFEC) is a S$10,000 credit provided by the government to further encourage enterprises to embark on business and workforce transformation (i.e. training). SFEC provides an additional 90% funding support for out-of-pocket expenses when eligible enterprises send their employees for SSG-funded training courses. Find out your SFEC balance by logging in to the SkillsFuture Enterprise Credit system. There is no application required for SFEC. Enterprises that are eligible for SFEC will be notified by Enterprise Singapore in writing.
Pre-approved Item list
General Food Services Equipment List
Automated Dishwasher |
High Speed Oven |
Combi Oven |
Automated Noodle Boiler |
Automated Deep Fryer |
Blast Chiller |
Autonomous Robotic Servers |
General Food Manufacturing Equipment List
Combi Oven |
Automated Dough Filler / Depositor |
Automated Tray Sealer |
Encrusting Machine |
Commercial Inkjet Printer |
Rotary Wok Fryer |
Vacuum Packing and Sealing Machine |
Form Fill Seal Machine |
Standalone Automated Industrial Utensil Washer |
Planetary or Spiral Mixer |
Dough Sheeter |
Blast Freezer |
Industrial / Commercial Slicer |
Energy Efficient Grant
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Summary
Co-funding support to help businesses improve their energy efficiency by investing in energy-efficient (EE) equipment.
For companies in the Manufacturing classified under SSIC 10 to 32 (including Food Manufacturing), Food Services classified under SSIC 56 or 68104, and Retail classified under SSIC 47 sectors.
About this Programme
The Energy Efficiency Grant (EEG) aims to help businesses improve their energy efficiency by co-funding investment in energy-efficient (EE) equipment. The EEG will provide two tiers of support – a base tier to provide support for pre-approved EE equipment up to S$30,000; and an advanced tier to support companies for larger investments that drive greater energy efficiency.
Eligibility
• Business entity registered and operating in Singapore in the Manufacturing (including Food Manufacturing), Food Services, and Retail sector as defined below:
• Manufacturing companies that are classified under SSIC 10 to 32 (including Food Manufacturing)
• Food Services companies must have valid Singapore Food Agency (SFA) licence and be classified under SSIC 56 or 68104
• Retail companies that are classified under SSIC 47
• Has a minimum of 30% local shareholding, with at least 1 local employee at the firm-level
• Has a group annual sales turnover of no more than S$500mil
• The equipment purchased must be used in Singapore
Pre-approved Item list
Food Services
Cooking Hub |
Refrigerator |
Water Heater |
Air-Conditioner |
Clothes Dryer |
LED Lighting |
Food Manufacturing
Cooking Hub |
Refrigerator |
Water Heater |
Air-Conditioner |
Clothes Dryer |
LED Lighting |
Motors |
Compressed Air System |
Boiler System |
Enterprise Development Grant
![EDG Banner](https://universalsteel.com.sg/wp-content/themes/wolmart/assets/images/lazy.png)
Summary
For Singapore companies starting new projects to upgrade their business, explore new growth, or expand overseas
Funds individual projects tailored to your business
About this Programme
The Enterprise Development Grant (EDG) supports projects that help you upgrade, innovate, grow and transform your business. Submit your individual project proposals with details on your business plans and project outcomes to take your business further.
EDG funds qualifying project costs namely third-party consultancy fees, software and equipment, and internal manpower cost.
Up to 50% of eligible costs for local SMEs
From 1 April 2023, SMEs can receive up to 50% support for EDG (sustainability-related projects may be supported at up to 70% from 1 April 2023 to 31 March 2026).
Please refer to the Enterprise Sustainability Programme page for more details.
Eligibility
• Business entity registered and operating in Singapore.
• Company has at least 30% local equity held directly or indirectly by Singaporean(s) and/or Singapore PR(s), determined by the ultimate individual ownership.
• Company is financially ready to start and complete the project. Commonly used financial indicators, such as the current ratio, will be used for assessment.
Note:
• Applications will be assessed by EnterpriseSG based on project scope, project outcomes and competency of the service provider.
• Employers eligible for the SkillsFuture Enterprise Credit (SFEC)* can qualify for additional subsidies under the scheme.
The SkillsFuture Enterprise Credit (SFEC) is a S$10,000 credit provided by the government to further encourage enterprises to embark on business and workforce transformation (i.e. training). SFEC provides an additional 90% funding support for out-of-pocket expenses when eligible enterprises send their employees for SSG-funded training courses. Find out your SFEC balance by logging in to the SkillsFuture Enterprise Credit system. There is no application required for SFEC. Enterprises that are eligible for SFEC will be notified by Enterprise Singapore in writing.
Pre-approved Item list
Food Services
Food Manufacturing