PSG Grant Ecommerce: Empowering Singapore SMEs to Go Digital

In today’s digital-first economy, having an online presence is not just a trend—it’s a business necessity. For small and medium-sized enterprises (SMEs) in Singapore, the Productivity Solutions Grant (PSG) offers a valuable opportunity to kickstart or enhance ecommerce operations. The PSG Grant ecommerce helps reduce the financial burden of building online platforms by subsidizing eligible digital solutions.

What is the PSG Grant?

The Productivity Solutions Grant is a government initiative that supports the adoption of pre-approved IT and digital solutions to improve productivity. Managed by Enterprise Singapore, the PSG Grant is part of the nation’s broader Smart Nation vision to help businesses digitize effectively.

When applied to ecommerce, the PSG covers a portion of the cost to develop or upgrade an online store using pre-approved ecommerce packages offered by trusted vendors.

Why Ecommerce Matters

Ecommerce is more than just selling products online. It provides businesses with:

• A broader market reach, both locally and internationally

• 24/7 customer accessibility

• Operational efficiency through digital tools

• Data insights for improved decision-making

• The ability to remain competitive in a rapidly evolving market

With consumers increasingly turning to digital shopping, ecommerce enables SMEs to scale sustainably.

What’s Included in the PSG Ecommerce Package?

Depending on the vendor and package, the PSG Grant may cover:

• Ecommerce website development

• Mobile-optimized design

• Secure payment and checkout systems

• Inventory and order management

• Basic SEO setup for visibility

• Customer account and loyalty program integration

• Product catalogue upload and configuration

• Analytics and reporting tools

All solutions must be sourced from IMDA-approved vendors under the PSG framework.

Who is Eligible for the PSG Grant?

To apply for the PSG ecommerce grant, your business must:

• Be registered and operating in Singapore

• Have at least 30% local ownership

• Have an annual turnover of less than S$100 million or fewer than 200 employees

• Use the solution in Singapore

• Engage a pre-approved PSG vendor

How to Apply for the PSG Ecommerce Grant

Here’s a step-by-step guide to getting started:

1. Identify your needs – Define the ecommerce solution your business requires.

2. Select a pre-approved vendor – Browse through the GoBusiness portal to find vendors offering PSG-supported ecommerce packages.

3. Get a quotation – Request a detailed proposal and quotation from the vendor.

4. Wait for approval – Only proceed after official approval is received.

5. Implement the solution – Work with the vendor to develop and launch your ecommerce platform.

6. Submit claims – After completion, submit your invoices and relevant documents to receive the grant.

Benefits of PSG Grant for Ecommerce

✅ Up to 50% funding support ✅ Faster time-to-market with expert vendors ✅ Tailored solutions for SME needs ✅ Support for long-term digital growth ✅ Government endorsement builds trust with customers and investors

Conclusion

The PSG Grant for ecommerce is a practical and cost-effective way for Singapore SMEs to embrace digital transformation. Whether you’re building an online shop from scratch or upgrading an outdated system, this grant can significantly reduce your investment risk while positioning your business for long-term success.