Productivity Solutions Grant
Energy Efficient Grant
Enterprise Development Grant
PSG AND EEG FOR F&B KITCHEN EQUIPMENT IN SINGAPORE
Investing in energy-efficient commercial kitchen equipment can significantly benefit your F&B business, both financially and environmentally. Fortunately, Singapore offers government grants, including Productivity Solutions Grants (PSG) and Energy Efficiency Grants (EEG), to help you make these essential upgrades more affordable.
Here are some ways these grants can support your business:
- Reduce Operating Costs:Â Grants enable you to acquire high-performance, energy-saving kitchen appliances that consume less electricity and water, leading to lower utility bills and increased savings.
- Enhance Productivity:Â Modern, grant-eligible equipment often incorporates innovative features that streamline workflows, improve efficiency, and boost overall productivity in your kitchen.
- Minimise Environmental Impact:Â Upgrading to energy-efficient equipment helps reduce your carbon footprint and contribute to a more sustainable F&B industry in Singapore.
- Improve Competitiveness:Â Grants like PSG provide a financial advantage, allowing you to invest in cutting-edge technology and stay ahead of the competition.
Energy Efficient Grants (EEG) for F&B Businesses
With energy-efficient kitchen appliances, you can lower your electricity bills and reduce your carbon footprint. And with the Energy Efficiency Grant (EEG), upgrading your appliances and equipment is more affordable. This grant supports restaurants and other F&B businesses in Singapore that invest in energy-saving equipment like commercial refrigerators, cooking hobs, water heaters, LED lighting, and more.
Productivity Solution Grants (PSG) for F&B Businesses
The Productivity Solutions Grant (PSG) empowers F&B businesses in Singapore to embrace technology and automation for enhanced productivity, lower labour costs, and optimised workflows. At the same time, this grant supports investments in a range of high-efficiency kitchen equipment, including automated cooking systems, automated dishwashers, commercial combi ovens, high-speed ovens, blast freezers, and more.Â
What is the PSG?
The Productivity Solutions Grant (PSG) helps Singapore companies, particularly local SMEs looking for IT solutions and kitchen equipment, improve their productivity and automate existing processes. Here are some of the benefits you can expect from this grant:
- Up to 50%Â off the Eligible Costs:Â Local SMEs can receive up to $30,000 in funding support.
- Sector-Specific and Generic Solutions: The PSG covers both sector-specific and generic solutions that are pre-approved by EnterpriseSG and other participating agencies.
- Pre-Approved Vendor List:Â To ensure quality and reliability, the PSG supports solutions from a curated list of pre-approved vendors.
Who is Eligible?
- Business entities that are registered and operating in Singapore
- Companies that have at least 30% local equity held directly or indirectly by Singaporean(s) and/or Singapore PR(s), determined by the ultimate individual ownership
- Companies that have a Group Annual Sales Turnover not exceeding S$100 million OR a Group employment size not exceeding 200 employees
- IT solutions or kitchen equipment that are purchased, leased, or subscribed to must be used in Singapore
Companies that fall under these categories cannot apply for this grant: Charities, Institutions of Public Characters (IPCs), Religious Entities, Voluntary Welfare Organisation (VWO), Government agencies, and subsidiaries.
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. Also, no application is required for SFEC, and 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 |
For More Info on Claimable Equipment
How to Apply for Energy Efficiency and Productivity Solutions Grants
Ready to take advantage of these valuable grants? Here’s a step-by-step guide to help you through the application process:
- Check Eligibility Requirements: Ensure your business meets the specific eligibility criteria for the grant you’re interested in (EEG or PSG). You can find detailed information on Enterprise Singapore’s website.
- Choose Eligible Equipment: Select the energy-efficient or productivity-enhancing kitchen equipment that qualifies under the grant guidelines.Â
- Submit the Required Documentation:Â Gather the necessary documentation, including your business details, project proposal, vendor quotations, and any supporting licenses. You’ll typically need to submit these through the Business Grants Portal (BGP).
- Await Approval and Purchase the Equipment: Once your application is approved, you can proceed to purchase the equipment from an approved vendor.
- Claim the Grant: After the successful implementation of the project, you can claim the grant amount as per the guidelines.
Why Choose Universal Steel Industries for Your Commercial Kitchen Needs
Universal Steel Industries is your one-stop shop for energy-efficient and productivity-enhancing commercial kitchen equipment. When you choose us, we’ll guide you through the grant application process, offer a wide selection of PSG and EEG-eligible appliances, and provide comprehensive support, including installation and 24/7 maintenance. Partner with us to build a sustainable and efficient kitchen that maximises your grant opportunities.
Frequently Asked Questions about Grants for Kitchen Equipment
How do I know if my business qualifies for these grants?
Eligibility criteria vary depending on the specific grant, but the general requirement is for a business to be registered and operating in Singapore. For detailed eligibility details and the list of pre-approved kitchen equipment, refer to the Enterprise Singapore website.
How much can I save through the energy-efficient and productive solutions grants?
The amount you can save depends on the type of grant, the equipment you purchase, and your overall project costs. For example, the Energy Efficiency Grant provides support for up to S$30,000 for the base tier and up to S$350,000 for the advanced tier. The PSG, on the other hand, covers up to 50% of the purchase price for local SMEs like restaurants.
Do the grants cover installation and maintenance costs?
The grants cover the cost of the energy-efficient kitchen equipment and the expenses necessary to make it functional. However, general installation, assessment, and administrative costs are not covered and must be borne by the applicant company.
How long does it take to receive approval for a grant application?
The typical processing time for grant applications for kitchen equipment is 4 to 10 weeks.
Are there any post-purchase obligations after receiving the grant?
Yes, grant recipients may have obligations after purchasing the kitchen equipment, such as submitting project reports or participating in surveys. Note that these obligations may vary depending on the grant program.
Can I still apply for a grant if I have already purchased the equipment?
No. You must purchase the kitchen equipment after your grant application is approved. You can still procure the equipment before receiving the application outcome, but you won’t be able to claim reimbursement if your application is unsuccessful. Also, you have up to one year from approval to purchase, install, and submit claims.