Singapore PSG Grant 2026: What Digital Tools Qualify

The Productivity Solutions Grant (PSG) remains one of the most accessible funding programmes for Singapore SMEs looking to adopt digital tools. With support of up to 50 percent of qualifying costs, PSG significantly reduces the financial barrier to technology adoption. But many business owners are unsure which tools qualify and how to navigate the application process. This guide covers the qualifying categories, popular solutions, and application tips for 2026.

What Categories of Digital Tools Does PSG Cover?

PSG covers pre-approved solutions across several functional categories:

• Accounting and finance — cloud accounting platforms, invoicing tools, payroll systems
• Customer relationship management (CRM) — contact management, sales pipeline, marketing automation
• Enterprise resource planning (ERP) — integrated business management covering inventory, procurement, and operations
• Human resource management (HRM) — employee databases, leave management, payroll processing
• Inventory and logistics — warehouse management, order fulfilment, fleet tracking
• E-commerce — online storefront platforms, marketplace integrations, payment processing
• Cybersecurity — endpoint protection, managed detection and response, security awareness training
• Data analytics and business intelligence — dashboard tools, reporting platforms, data-visualisation solutions

Each category has a list of pre-approved vendors and solutions on the GoBusiness portal. Choosing a pre-approved solution simplifies the application process significantly.

How Do You Apply for PSG in 2026?

The application process follows five steps:

1. Identify your need — determine which business function you want to digitise and which category it falls under.
2. Select a pre-approved solution — browse the GoBusiness PSG listing for solutions in your category. Compare features, pricing, and vendor support.
3. Get a quotation — request a detailed quote from the solution vendor, specifying the PSG-qualifying components.
4. Submit your application — apply through the Business Grants Portal (BGP) with your ACRA business profile, latest financial statements, and the vendor quotation.
5. Wait for approval — processing typically takes four to six weeks. Do not commence the project or sign any vendor contracts before receiving the Letter of Offer.

What Are Common Reasons PSG Applications Get Rejected?

Avoid these pitfalls:

• Already started the project — this is the number one reason. Any evidence of work commenced before approval (signed contracts, payments made, software deployed) disqualifies the application.
• Exceeding the grant cap — PSG has a maximum supportable cost per solution category. Ensure your quotation falls within the cap.
• Incomplete documentation — missing financial statements, incorrect UEN, or outdated ACRA profile. Double-check every document before submission.
• Business does not meet eligibility criteria — the company must be registered in Singapore, have a minimum 30 percent local equity, and have group annual sales turnover of not more than SGD 100 million or group employment of not more than 200 employees.

Frequently Asked Questions

Can I apply for PSG for multiple tools at the same time?

Yes, but each tool requires a separate application under its respective category. You can run multiple PSG applications concurrently as long as they cover different functional areas.

What if the tool I want is not on the pre-approved list?

You can still apply, but the process is more complex and approval is not guaranteed. You will need to demonstrate the tool's suitability and value proposition in detail. Consider asking the vendor to apply for pre-approved status, which benefits both of you.

How long after approval do I have to complete the project?

Typically 12 months from the date of the Letter of Offer. Extensions may be granted in exceptional circumstances, but plan to complete implementation well within the deadline to avoid complications with claim submission.