PSG

What is PSG?

The Productivity Solutions Grant (PSG) is a government initiative to assist businesses in their transformation journey to support selected productivity solutions.

The PSG provides up to 50% funding support for technology solutions such as human resource management systems. iTaps is currently in the process of being a Pre-Approved Digital Solution under the PSG.

Are you Eligible?

Businesses that meet the following criteria can apply for PSG:

• The business is a Singaporean Small and Medium Enterprise (SME);
• It is registered and operating in Singapore;
• It has at least 30% local shareholding (for selected solutions only); and
• The purchase/subscription of IT solutions or equipment must be used in Singapore

How to Apply?

To apply for the PSG, simply obtain a quotation from iTaps, and submit your application on the Business Grants Portal. You will need a CorpPass account to submit your application on the portal.

As for the remaining 20%, for a limited period, you can leverage the SFEC grant to offset this 20% amount. This will mean that you pay only 2% for a fully integrated & high performing HRMS platform like ours.