PSG E-Commerce Grant: Helping Singapore SMEs Thrive Online

In Singapore’s digital economy, small and medium-sized enterprises (SMEs) need a strong online presence to remain competitive. The Productivity Solutions Grant (PSG) supports SMEs in adopting technology solutions, including e-commerce platforms, digital marketing tools, and business automation software. With PSG funding, businesses can enhance their online capabilities while reducing costs.

What Is the PSG E-Commerce Grant?

The PSG e-commerce grant is designed to help SMEs implement pre-approved digital solutions that boost productivity and online sales. Eligible solutions include:

• E-Commerce Website Development – Create or upgrade your online store with mobile-friendly design, secure payment gateways, and user-friendly navigation.

• Digital Marketing Tools – Improve online visibility with SEO, social media campaigns, email marketing, and online advertising.

• E-Commerce Platforms & Software – Streamline operations through inventory management, order processing, customer relationship management (CRM), and analytics.

With funding support of up to 50%, SMEs can adopt these digital solutions with minimal financial risk.

Who Is Eligible for the PSG E-Commerce Grant?

To apply for the PSG e-commerce grant, your business must meet the following requirements:

1. Registered and Operating in Singapore – Your business must be legally registered and active.

2. Local Ownership – At least 30% of shares must be owned by Singapore Citizens or Permanent Residents.

3. SME Size – Annual sales turnover should not exceed S$100 million, or the company should have fewer than 200 employees.

4. Use Pre-Approved Solutions – Only PSG-listed solutions and vendors qualify for funding.

Certain entities, such as charities, religious organizations, and government agencies, are not eligible.

Benefits of the PSG E-Commerce Grant

• Financial Assistance – Receive up to 50% funding for eligible digital solutions.

• Operational Efficiency – Automate processes like inventory management, order fulfillment, and customer support.

• Enhanced Online Presence – Attract more customers through SEO, social media, and digital marketing campaigns.

• Access to Trusted Vendors – Work with pre-approved PSG vendors offering reliable solutions.

These advantages help SMEs grow their online business, optimize operations, and remain competitive in Singapore’s e-commerce market.

How to Apply for the PSG E-Commerce Grant

1. Assess Business Needs – Identify which areas of your e-commerce operations require improvement.

2. Choose a Pre-Approved Solution – Browse PSG-approved e-commerce tools and vendors.

3. Get a Quotation – Request a detailed quote from your selected vendor.

4. Submit Your Application – Apply through the Business Grants Portal with the necessary documents.

5. Proceed After Approval – Only start the project after receiving the Letter of Offer. The grant reimburses eligible costs after full payment to the vendor.

Tips for a Successful PSG E-Commerce Application

• Apply Before Making Purchases – Ensure approval before committing to any vendor contracts.

• Maintain Records – Keep invoices, receipts, and project documentation for grant claims.

• Consult Vendors – PSG-approved vendors can guide you in choosing solutions aligned with your business goals.

Conclusion

The PSG e-commerce grant is a valuable tool for Singapore SMEs aiming to expand their digital presence and streamline operations. By funding e-commerce websites, digital marketing tools, and business software, the grant allows businesses to reduce costs, increase efficiency, and reach more customers online.