Productivity Solutions Grant: Who Qualifies and What You Get
Learn how local small businesses can get funding to adopt digital tools and software to improve their daily operations.
This grant helps local small and medium enterprises adopt digital solutions to improve their business operations.
Who it's for
This scheme is for local small and medium-sized enterprises (SMEs) that want to implement digital tools to help run their business more efficiently.
What you get
You can receive funding support covering up to 50% of the cost for various software solutions. This includes tools such as clinic management systems that help automate your daily tasks.
What it costs you
To use this grant, you must be a registered business with the relevant national authority. You are also required to purchase your software or digital tools specifically from vendors that have been pre-approved for this scheme.
The catch to know
The most important rule is the timing of your application. You must submit your application and receive approval before you sign any official contract with a vendor. If you sign a contract first, you may not be eligible for the funding.
How to apply
- Identify a digital solution you need for your business.
- Ensure the solution is offered by a pre-approved vendor.
- Submit your application through the official portal before signing any vendor contracts.
- Follow the instructions on the official portal: https://www.businessgrants.gov.sg