Unlocking Digital Growth: How the PSG Grant Supports eCommerce Businesses in Singapore

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In today’s rapidly evolving digital economy, businesses in Singapore must stay ahead by embracing technology. For SMEs looking to take their operations online, the Productivity Solutions Grant (PSG) provides critical financial support. If you're planning to build or enhance your eCommerce platform, the PSG Grant eCommerce could be your ticket to digital success.

What is the PSG Grant?

The Productivity Solutions Grant (PSG) is an initiative by the Singapore government to encourage local small and medium-sized enterprises (SMEs) to adopt IT solutions and equipment that enhance productivity. It covers sectors such as retail, logistics, food, and importantly, eCommerce. The grant provides funding support of up to 50% of the cost for pre-approved solutions.

Why eCommerce is Vital for SMEs

With consumer habits shifting online, especially post-pandemic, eCommerce is no longer optional — it’s essential. Having a professional, fully-functional online store allows businesses to reach new markets, operate 24/7, and provide a seamless customer experience.

Whether you’re in retail, services, or wholesale, an eCommerce platform can streamline operations, increase revenue, and build brand loyalty.

PSG Grant for eCommerce: What’s Covered?

Through the PSG Grant, SMEs can access funding for pre-approved eCommerce solutions, which typically include:

  • Custom eCommerce website development

  • Shopping cart and payment gateway integration

  • Inventory and order management systems

  • Mobile responsiveness and user interface optimization

  • Basic SEO setup

  • Training and support services

Some solution providers even offer integration with popular platforms like Shopify, WooCommerce, Magento, or custom-built systems tailored to your business needs.

Who is Eligible for PSG eCommerce Support?

To qualify for the PSG Grant, your business must meet these criteria:

  • Registered and operating in Singapore

  • Have at least 30% local shareholding

  • Company must be SME-sized (annual turnover less than S$100 million or employment size under 200)

  • The IT solution must be used in Singapore

Once approved, businesses can claim up to 50% of the implementation cost — making digital transformation affordable and accessible.

How to Apply for the PSG Grant

  1. Visit GoBusiness Gov Assist: Browse and shortlist pre-approved eCommerce vendors.

  2. Get a Quotation: Contact your chosen vendor and request a quotation.

  3. Submit an Application: Log in to the Business Grants Portal (BGP) using your CorpPass and apply.

  4. Wait for Approval: Once approved, proceed with the project.

  5. Submit Claims: After project completion, submit claims with required documentation.

Final Thoughts

The PSG Grant for eCommerce is a game-changer for SMEs in Singapore. With generous funding and simplified application processes, it's easier than ever to build a powerful digital presence. Whether you're just starting or looking to scale, leveraging the PSG Grant is a smart step toward long-term business success in the digital age.

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