KEY HIGHLIGHTS
- PSG Grant 2025 offers SMEs up to S$30,000 with 50% support for productivity solutions.
- New additions include GenAI marketing and sales tools alongside popular digital solutions.
- Clear eligibility rules and strict “no payment before approval” policies make planning crucial for SMEs.
The PSG Grant 2025 is still one of the most practical schemes for small businesses trying to cope with rising costs from Jurong East to Pasir Ris. It gives SMEs meaningful support to adopt digital tools, automation, and now even GenAI-powered solutions—without blowing the yearly budget.
What many business owners appreciate is how simple and steady the rules remain. The government funds up to 50%, capped at S$30,000, making it easier for SMEs to pick solutions that genuinely strengthen productivity.
| PSG Grant 2025 Summary | Details |
|---|---|
| Funding Level | Up to 50% support, capped at S$30,000 |
| Who Can Apply | SMEs with 30% local ownership and turnover < S$100M or staff < 200 |
| New for 2025 | GenAI tools for marketing, sales, and customer engagement |
| Application Platform | Business Grants Portal (BGP) using CorpPass |
| Disbursement | PayNow Corporate (≈14 working days) or GIRO (up to 8 weeks) |
Who Can Apply for the PSG Grant in 2025?
The eligibility rules are familiar and friendly for most local SMEs.
Your business must be registered and operating in Singapore, with 30% local ownership held by Singapore Citizens or PRs.
On top of that, your business needs to meet one of these:
- Annual turnover under S$100 million, or
- Employment size below 200 staff
The solution you apply for must be used in Singapore, and you must work with a vendor listed on GoBusiness.
A key reminder—you cannot sign any contract or make payment before applying. Once you do, the entire application becomes invalid.
Organisations Not Eligible for PSG
Most SMEs qualify, but the scheme avoids non-commercial groups.
The following cannot apply:
- Charities
- IPCs
- Religious bodies
- VWOs
- Government agencies
- Societies
The grant is meant to boost business-driven productivity, not community programmes.
Understanding the 30% Local Shareholding Rule
This part confuses many SME owners.
The 30% local shareholding can be direct or indirect, meaning authorities look at the ultimate owners, not just your immediate shareholder list.
As long as Singaporeans or PRs hold at least 30% control overall, your company meets the requirement.
Consultancy Services: Updated Rules for 2025
Consultancy funding now comes with clearer conditions.
Your company must have at least three local employees at the point of application.
Here’s the funding breakdown:
- SMEs: Up to 50% support
- Non-SMEs: Up to 30% support
- Funding Cap: S$40,262.41 per enterprise
Applications are tied to your UEN, and you can make multiple submissions as long as you stay within the overall cap.
Remember: PSG operates on a reimbursement basis. You complete the project, then file your claim.
What the PSG Grant Supports
The PSG Grant covers a long list of pre-approved solutions that help businesses reduce manual work and improve real-time visibility.
Generic Solutions
These apply to all industries:
- HR systems
- Accounting tools
- IT and cybersecurity
- Document management
- ERP and standalone systems
Sector-Specific Solutions
These are tailored for industries such as:
- Retail
- F&B
- Logistics
Think POS systems, fleet management, and other operational tools used daily by many heartland shops and small operators.
Most Popular Categories for SMEs
These categories continue to dominate applications:
- IT automation equipment
- HR management systems
- POS solutions
- Cybersecurity tools
- Document and workflow management
- Fleet management
Digital Marketing Support: Still a Top Pick
Many small firms still rely on PSG-supported digital marketing packages.
These pre-approved bundles cover:
- SEO
- SEM
- Social media marketing
- Content marketing
With 50% funding, it’s easier for SMEs to grow their online presence without paying hefty upfront fees.
New GenAI Solutions in PSG 2025
Here’s the exciting part.
For the first time, GenAI tools have been added to the PSG list—covering marketing automation, customer engagement, and even sales workflows.
These tools were tested under EnterpriseSG and IMDA’s GenAI Sandbox, and now qualify for up to 50% support.
How to Apply for the PSG Grant
Step 1: Choose a Pre-Approved Solution
Browse the GoBusiness Gov Assist portal and shortlist options that fit your goals.
Step 2: Request a Quotation
Ask the approved vendor for an official quote.
Don’t sign or pay anything yet.
Step 3: Prepare Your Documents
Typically includes:
- Latest ACRA profile
- Three years of financial statements
- Deployment details
- Any relevant licences
Step 4: Submit via Business Grants Portal
Log in with CorpPass and submit your application.
Processing usually takes 4–6 weeks.
Step 5: Accept the Letter of Offer
Only CorpPass users with Acceptor rights can confirm it.
Step 6: Deploy and File Claims
Use the solution for at least 30 days, then upload invoices, proof of payment, and usage evidence.
What Happens After You Apply?
Most approvals take around six weeks, though it may stretch during peak seasons.
Once your claim is approved:
- PayNow Corporate: About 14 working days
- GIRO: Up to 8 weeks
Setting up PayNow Corporate makes a noticeable difference.
Common Issues That Slow Things Down
SMEs often face delays due to:
- Missing or incomplete documents
- Paying vendors before approval
- Slow replies to assessors
- Late claim submissions
A bit of attentiveness goes a long way.
Why the PSG Grant Still Matters in 2025
From hawker stalls upgrading POS systems to logistics firms improving fleet visibility, the PSG Grant is still a lifesaver for many SMEs trying to manage costs in a high-inflation year.
With the 2025 upgrades—especially GenAI tools—SMEs can tap into modern capabilities without worrying about massive upfront spending.
FAQs
Q1. What’s the main eligibility for PSG?
Your company must be registered in Singapore, have at least 30% local shareholding, and meet the turnover or manpower limit.
Q2. What solutions qualify?
Everything from HR and IT systems to POS, cybersecurity, document management, fleet tools, and now GenAI-powered solutions.
Q3. Can I submit multiple applications?
Yes—each must be for a different solution or deployment site.
Q4. How long does approval take?
About six weeks, followed by payout within 14 days (if using PayNow Corporate).
Q5. What should SMEs avoid?
Avoid early payments, missing documents, and late claim submissions.
