Singapore PSG Grant 2026: A Complete Guide for SMEs (+ How WLP Can Help)
The Productivity Solutions Grant (PSG) continues to be one of Singapore’s most valuable support schemes for small and medium enterprises (SMEs) looking to digitalise and improve productivity in 2025. Designed to co-fund technology adoption and business solutions, the PSG enables SMEs to accelerate growth without shouldering the full cost of digital transformation.
In this comprehensive guide, we break down what the PSG grant covers, who is eligible, how to apply, and how WLP can assist your business in navigating the process smoothly.
What Is the Productivity Solutions Grant?
The PSG is a government support scheme helping eligible Singapore businesses adopt pre-approved productivity solutions such as software, digital tools, and automation equipment. Through PSG:
- SMEs can receive up to 50% funding support on qualifying costs.
- The typical funding cap is around S$30,000 per enterprise, depending on the solution and grant rules.
The emphasis is on practical, ready-to‐use digital solutions that enhance operational efficiency, from accounting systems and HR tools to customer engagement platforms and cybersecurity solutions.
Who Qualifies for the PSG Grant?
To be eligible for PSG support in 2025, your company must:
- Be a registered business operating in Singapore
- The PSG is exclusively for Singapore-registered entities that conduct business locally.
- Have at least 30% local shareholding
This means Singaporean citizens or permanent residents must hold at least 30% of the company’s shares.
Meet size criteria
Your group annual turnover must be less than S$100 million or your total employment must be fewer than 200 staff.
Excluded organisations
Charities, institutions of public character (IPCs), religious organisations, government agencies and their subsidiaries are generally not eligible under this scheme.
What Solutions Are Supported Under PSG?
In 2026, the PSG continues to include a broad range of pre-approved tools, such as:
IT & Software Solutions
Systems like Xero accounting software, ERP tools, CRM platforms, cloud solutions, and mobile apps support core business functions.
Digital Marketing Tools
Support now encompasses digital marketing services including SEO, SEM, social media campaigns, and content marketing — essential for building an online presence.
Generative AI Solutions
New in 2025, PSG now encourages adoption of GenAI tools for sales, customer engagement, and marketing automation.
Other Productivity Tools
POS systems, HR management software, cybersecurity tools and fleet management solutions are also covered.
How to Apply for the 2026 PSG Grant
Follow this straightforward process to maximise your chances of success:
Select a Pre-Approved SolutionBrowse the GoBusiness Gov Assist portal for pre-scoped solutions that match your needs.
Obtain a QuotationGet a valid quote from a PSG pre-approved vendor — do not pay or sign contracts before applying, as the grant does not support retrospective payments.
Prepare Required DocumentsCommonly required documents include:
- Latest ACRA business profile
- Company financials
- Quotation and deployment address
- Licenses, if applicable
Log in using CorpPass and complete your application. Expect a review period of around 4–6 weeks.
Accept Your Letter of OfferOnce approved, you’ll receive an offer outlining approved solutions and funding amounts.
Complete the Project & ClaimAfter deployment, submit your claim with payment proofs and usage evidence before the deadline.
Why SMEs Should Consider PSG in 2026
The PSG grant continues to be one of the most accessible financial levers for SMEs:
- Up to half of qualifying costs covered
- Encourages digital and AI adoption
- Helps optimise operations and reduce manual processes
- Enhances competitiveness in today’s digital economy
How WLP Can Support Your PSG Journey
Applying for government grants like PSG can be complex. That’s where WLP steps in:
Expert Grant Consultation
WLP helps SMEs identify the right PSG-eligible solutions tailored to your operations — from accounting systems and bookkeeping tools to productivity software.
Partnering with a knowledgeable guide like WLP not only increases your chances of PSG success but also helps you choose solutions that deliver measurable ROI.
Final Thoughts
The PSG Grant 2026 remains an invaluable resource for SMEs that want to accelerate digital transformation without bearing the full cost. With expanded support for generative AI and digital marketing tools, now is the perfect time to take your business to the next level.
Whether you’re upgrading your accounting systems, adopting new software, or enhancing your digital footprint, WLP can help you navigate the PSG process with confidence and clarity.