GRANTS *
YES, MONEY FROM THE GOVERNMENT

Productivity Solutions Grant (PSG)

Get Funding for Your Digitalization

Greater support for more sector-specific solutions and a wider range of pre-scoped solutions for businesses beyond IT solutions and equipment.

Now you get up to 50% funding when you purchase AutoCount Accounting V2.0.

SMEs can apply for PSG if they meet the following criteria:

  • Registered and operating in Singapore.
  • Purchase/lease/subscription of the IT solutions or equipment must be used in Singapore.
  • Have a minimum of 30% local shareholding; with Company's Group annual sales turnover less than S$100 million, OR less than 200 employees (for selected solutions only)

What do I need to do to get the grant?

Here are the steps you can take when applying for PSG:

STEP 01
For Autocount software, get a quotation from us.

STEP 02
Submit an application on the Business Grant Portal (BGP). You will need to register for a CorpPass account to transact on the portal.

SkillsFuture Enterprise Credit (SFEC)

Get Funding for Your Digitalization

The SkillsFuture Enterprise Credit (SFEC) encourages employers to invest in enterprise transformation and capabilities of their employees. Eligible employers will receive a one-off S$10,000 credit to cover up to 90% of out-of-pocket expenses on qualifying costs for Autocount software, over and above the support levels of existing schemes.
Qualifying Periods
Eligibility Criteria
SFEC (Budget 2020)
1 April 2019 – 31 March 2020
Employers must meet the following conditions over any of the qualifying periods:
1 July 2019 – 30 June 2020
Have contributed at least S$750 Skills Development Levy (SDL) over a qualifying period; and
1 October 2019 – 30 September 2020
Have employed at least three Singapore Citizens (SCs) or Permanent Residents (PRs) every month over the same qualifying period; and
1 January 2020 – 31 December 2020
Have not been qualified at any of the earlier periods
Qualifying Periods
Eligibility Criteria
SFEC Expansion (Budget 2022)
1 January 2021 – 31 December 2021
Employers must meet the following conditions over the qualifying period:

- Have employed at least three Singapore Citizens (SCs) or Permanent Residents (PRs) every month over the qualifying period; and

- Have not been previously qualified for SFEC; and

-Are not in default of their SDL contributions during the qualifying period and do not have an inactive ACRA status during qualification.

Enterprise Development Grant (EDG)

Overview

From 1 April 2023, SMEs can receive up to 50% support for EDG.

Enterprise Development Grant

Today and into the future, companies that thrive are the ones that have strong business foundations and strategies, adopt technology and innovative processes, and grow their overseas presence.

The Enterprise Development Grant (EDG) helps Singapore companies grow and transform. This grant supports projects that help you upgrade your business, innovate or venture overseas, under three pillars:

  1. Core Capabilities
    Projects under Core Capabilities help businesses prepare for growth and transformation by strengthening their business foundations. These should go beyond basic functions such as sales and accounting.

  2. Innovation and Productivity
    Projects under Innovation and Productivity support companies that explore new areas of growth, or look for ways to enhance efficiency. These could include reviewing and redesigning workflow and processes. Companies could also tap into automation and technologies to make routine tasks more efficient.
  3. Market Access
    Projects under Market Access support Singapore companies that are willing and ready to venture overseas. You may tap into the EDG to help defray some of the costs of expanding into overseas markets.

As of 30 December 2020, Overseas Marketing Presence (OMP) will be supported under the Market Readiness Assistance Grant (MRA). Please refer here for more details.

What does the EDG support?

The grant funds qualifying project costs namely third party consultancy fees, software and equipment, and internal manpower cost.

Note: There are no pre-approved vendors for the EDG.

Who can apply?

To qualify for the EDG, you need to:

  • Be a business entity registered and operating in Singapore
  • Have a minimum of 30% local shareholding
  • Be in a financially viable position to start and complete the project

Applications will be assessed by Enterprise Singapore based on project scope, project outcomes and competency of service provider.

There are no compulsory application fees required for schemes offered by ESG. Any application fees quoted by individuals/ firms offering grant application services are not endorsed by the Government.

Eligible employers who fulfil the following criteria can also qualify for additional subsidies under the SkillsFuture Enterprise Credits (SFEC) scheme:

  • Have contributed at least S$750 Skills Development Levy over the qualifying period
  • Have employed at least three Singapore Citizens (SCs) or Permanent Residents (PRs) every month over the same period
  • Have not been qualified for SFEC at any of the earlier periods

Find out how to apply for the EDG.

Note: From 1 April 2020, all EDG applications should include commitments to worker outcomes as part of the qualifying requirements. Worker outcomes include increase in wage increment, job creation, job re-design, or training for existing staff.

In addition, unionised companies and e2i partners under the Labour Movement are eligible to receive an additional 10% funding, subject to NTUC-e2i’s endorsement.