Did you know the Singapore government will pay for up to 50% of your website costs? The Productivity Solutions Grant (PSG) and other schemes help SMEs go digital. Here's how to get funding for your website.
Productivity Solutions Grant (PSG)
PSG covers pre-approved digital solutions including website development:
- Support level - Up to 50% of qualifying costs
- Who qualifies - SMEs registered and operating in Singapore
- Requirements - Must use a pre-approved vendor/solution
- Process - Apply through Business Grants Portal before purchasing
Check the list of pre-approved solutions on IMDA's GoBusiness website.
How to Apply
- Check eligibility - SME registered in Singapore, at least 30% local shareholding
- Find pre-approved vendor - Must choose from the approved list
- Get quotation - Vendor provides quote for the solution
- Submit application - Through Business Grants Portal
- Wait for approval - Usually 4-6 weeks
- Proceed with project - Only after approval letter
- Claim reimbursement - After project completion
Important: Do Not start the project before getting approval, or you will not qualify.
Other Available Grants
- Enterprise Development Grant (EDG) - For larger digital transformation projects
- Market Readiness Assistance (MRA) - For expanding overseas, including e-commerce
- Startup SG - Various schemes for startups
Visit GoBusiness.gov.sg for the full list of available grants.
Government grants can significantly reduce your website investment. The application process takes some effort, but getting 50% back is worth it. Work with a pre-approved vendor who can guide you through the process.