Productivity Solutions Grant (PSG)

PSG covers areas from Accounting, Human Resources Management, Inventory Management, POS, and e-commerce system to serve the needs of Singapore Based Incorporated Companies. With up to 80% subsidizing support. PSG fills in as a road for organizations to make long-haul innovation ventures and furthermore to launch their digitalization endeavors. Organizations are enthusiastic about embracing IT arrangements and gear to upgrade business processes to ensure survival. 

Learn more about the various cloud accounting software available under PSG grant. Being able to get to your financial updates whenever you need them is vital to productive deals. With a cloud-based accounting set up with human resource management tools, dealing with all your numbers is no longer gonna be difficult. However, there is no solution suitable for every type of business. Getting the right consultations on your needs is more important than blindly following the business that just takes whatever is the cheapest. The cheapest might not bring you the most economical sense when you perform opportunity cost analysis. CFO of a company will oversee the company’s transaction processing systems and implement operational best practices with the necessary cloud-based tools to improve overall productivity. In EBOS, the success team is trained CFO to identify the gaps in your business and give solutions that work and implement operational best practices analysis that caters to your company and industry need. 

Eligibility for PSG  

• 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)

How to Apply 

 Should you be eligible for PSG grant, follow the steps below : 

• Get in touch with our success team to get a quotation within 3 day
• Submit a subsidy application on the Business Grants Portal using your CorpPass
• Accept your letter of offer once approved. Approval takes around 4-6 weeks upon submission.   

What if I am not Eligible for PSG Grant?

The goal of PSG from the Singapore government is to help companies to increase their productivity and is limited to approved solutions and services. If you are not eligible for PSG, DGG is to help small & medium Singapore companies improve their business fundamentals to increase their revenue, processes, human capital management, compliance with ACRA and IRAS, brand awareness, leads, and sales in the digital economy. Singapore SMEs that can afford to embark on larger projects should consider the Enterprise Development Grant (EDG). However, if your business is not eligible or in a viable position for the EDG, you can apply for DGG.  Projects under the subsidy will be funded up to 60% for eligible businesses. 

Digital Growth Grant (DGG)

DGG covers areas from Accounting, Human Resources Management, Marketing, ACRA Report Requirement to IRAS Corporate Tax Report to serve the needs of Singapore Based Incorporated Companies. With up to 60% subsidizing support. DGG fills in the gap when you are not eligible for Productivity Solutions Grant (PSG).   DGG is not just about Technology and expensive high-end solutions. You can kick-start your Digital Growth Grant (DGG) by talking to our success team,

Entrepreneurs’ path is filled with uncertainty with every new strategics and digital marketing strategy. The Digital Growth Subsidy is administered and executed by EBOS Cloud Accountants. The scheme is a commercial initiative supported by EBOS SG Pte Ltd, EBOS group of companies and partners.  

Eligibility for DGG 

 Registered and operating in Singapore

• Have a least 1 local employees
• Have achieved $100,000 in revenue for the prior year or a viable plan that $100,000 revenue will be achievable within the next 1 year
• Have a minimum of 10% local shareholding; with Company’s Group annual sales turnover less than S$50 million, OR less than 100 employees (for selected solutions only)

If you can demonstrate that your company will create new jobs and significantly increase your turnover, you may be able to access the DGG Grant. This program will offer a reduced subsidy for companies with 0% local shareholding. In order to qualify, your business must be certain criteria and be located in Singapore and you must have agreed to our terms and conditions. 

How to Apply 

 Should you be eligible for DGG grant, follow the steps below : 

• Get in touch with our success team to get a quotation within 3 days
• Submit an application with the link provided in the quotation. 
• Accept your letter of offer once approved. Approval takes around 1 week upon submission.

 Digital Growth Grant (DGG) Package