Boost Your Online Business with the PSG Grant for eCommerce in Singapore
In Singapore's fast-evolving digital landscape, having a strong online presence is essential for business growth. One powerful way to support digital transformation is through the Productivity Solutions Grant (PSG). If you're an SME looking to build or upgrade your eCommerce store, the psg grant ecommerce solutions can provide up to 50% funding support to help you go digital affordably and effectively.
What is the PSG Grant?
The Productivity Solutions Grant (PSG) is a government initiative by Enterprise Singapore. It supports local SMEs in adopting IT solutions and equipment to improve productivity. The PSG specifically covers pre-approved digital solutions—including eCommerce website development, which has become a necessity in today’s digital economy.
PSG Grant for eCommerce: What’s Covered?
With the PSG eCommerce grant, businesses can get partial funding for:
Customised eCommerce website development
Integration with payment gateways (e.g., PayNow, Stripe, PayPal)
Shopping cart and inventory management
Mobile responsive design
SEO-ready framework
Basic training and user guide
These features are essential for creating a professional online store that boosts user experience and increases conversions.
Benefits of Using the PSG Grant for Your eCommerce Store
Reduced Costs
PSG provides up to 50% funding support, making it easier for SMEs to invest in high-quality digital solutions without breaking the bank.Improved Customer Reach
An online store lets you expand beyond physical limitations and reach customers 24/7.Increased Sales Opportunities
With smart features like cart recovery, product recommendations, and integrated shipping, eCommerce helps businesses maximize every sales opportunity.Enhanced Operational Efficiency
Integrated inventory and order management reduce manual errors and streamline your operations.
Who is Eligible for the PSG eCommerce Grant?
To qualify for PSG, your business must:
Be registered and operating in Singapore
Have at least 30% local shareholding
Be using the eCommerce solution in Singapore
Have a minimum of 3 local employees (for some solutions)
How to Apply for PSG Grant for eCommerce
Choose a Pre-Approved Vendor – Select from a list of PSG pre-approved eCommerce solution providers.
Get a Quote – Obtain a quotation for the eCommerce package.
Wait for Approval – Once approved, you can begin your project.
Claim the Grant – Submit the final invoice and relevant documents to claim reimbursement.
Why Act Now?
Singapore’s digital economy is growing rapidly, and consumer behavior continues to shift online. Taking advantage of the PSG Grant for eCommerce allows your business to stay competitive and future-ready. Whether you're in retail, F&B, services, or B2B, an optimized online store can transform your business performance.
Conclusion
The PSG Grant for eCommerce is a game-changer for SMEs ready to embrace digitalisation. By building a professional eCommerce platform with government support, your business can attract more customers, increase sales, and operate more efficiently—without a heavy financial burden. Don’t miss the opportunity to take your business online with the help of the PSG.
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