PSG Grant eCommerce Singapore: Boost Your Online Business with Government Support

The Productivity Solutions Grant (PSG), offered by Enterprise Singapore, is a government initiative designed to help SMEs adopt digital solutions and improve business productivity. One of the most sought-after areas under this grant is eCommerce, which enables businesses to set up or upgrade online stores, streamline operations, and reach a broader audience.

What Is the PSG Grant?

The PSG Grant provides up to 50% funding support for pre-approved digital solutions and technology. This includes eCommerce platforms, digital marketing tools, inventory management systems, and customer relationship management (CRM) software. The goal is to reduce financial barriers for SMEs looking to digitalize their operations and stay competitive in today’s market.

Why Apply for the PSG eCommerce Grant?

A strong online presence is crucial for business growth in the digital era. The PSG eCommerce Grant helps SMEs:

• Build Professional Online Stores: Develop responsive, SEO-friendly websites to attract customers.

• Streamline Operations: Integrate inventory, payment, and logistics for efficient management.

• Reach More Customers: Expand your market both locally and internationally.

• Enhance Customer Experience: Offer smooth checkout, secure payments, and better navigation.

Benefits of the PSG eCommerce Grant

• Financial Support: Receive up to 50% subsidy for eligible eCommerce solutions.

• Integrated Digital Tools: Connect sales, inventory, and customer management for efficiency.

• Boosted Online Presence: Improve search visibility and attract more traffic.

• Better Customer Engagement: Deliver a seamless shopping experience to build loyalty.

• Scalable Solutions: Grow your business with digital systems that adapt to your needs.

Eligibility Criteria

To qualify for the PSG eCommerce Grant, your business must:

1. Be registered and operating in Singapore.

2. Have at least 30% local shareholding.

3. Purchase and implement the approved solution within Singapore.

How to Apply for the PSG eCommerce Grant

1. Identify Your Needs: Determine the eCommerce solution that fits your business goals.

2. Select a PSG-Approved Vendor: Choose from the official pre-approved vendors list.

3. Request a Quotation: Obtain a quotation for the selected solution.

4. Submit an Application: Apply online via the Business Grants Portal (BGP) using CorpPass.

5. Implement and Claim: Deploy the solution after approval and submit a claim for reimbursement.

Examples of PSG-Approved eCommerce Solutions

• Custom eCommerce website development

• Online payment gateway integration

• Digital marketing and SEO tools

• Inventory and logistics management systems

• Customer Relationship Management (CRM) software

Conclusion

The PSG Grant for eCommerce is a powerful tool for Singapore SMEs aiming to strengthen their online presence, enhance operational efficiency, and grow sustainably in the digital marketplace. By leveraging PSG funding, businesses can adopt professional digital solutions, reduce costs, and reach more customers effectively. Start your digital transformation journey today with the PSG Grant and unlock your business’s full potential.