PSG Grant for eCommerce in Singapore: Boosting Your Online Business Growth

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The Productivity Solutions Grant (PSG) is one of Singapore’s most valuable government initiatives designed to help local businesses enhance productivity and digital capabilities. For eCommerce businesses, the psg grant ecommerce offers significant financial support to adopt digital solutions and expand online operations efficiently.

What Is the PSG Grant?

The PSG Grant is administered by Enterprise Singapore (ESG) to encourage Small and Medium-sized Enterprises (SMEs)** to embrace digital transformation. It subsidizes up to 50% of the cost of pre-approved IT solutions, equipment, and consultancy services. This support extends to many industries, including retail, F&B, logistics, and professional services—especially those moving into eCommerce.

Why the PSG Grant Matters for eCommerce

In today’s digital-first market, an online presence is essential for growth. The PSG eCommerce grant helps businesses create or upgrade their online stores, integrate digital payment systems, and manage logistics and customer service more effectively. By leveraging PSG-approved eCommerce solutions, SMEs can enhance their brand visibility, improve operational efficiency, and drive more online sales.

Key Benefits of the PSG Grant for eCommerce Businesses

  • Subsidized Digital Solutions: Receive up to 50% funding support for pre-approved eCommerce and digital marketing solutions.

  • Enhanced Online Presence: Build a professional, mobile-friendly online store to reach more customers.

  • Streamlined Operations: Integrate inventory management, CRM, and logistics systems for smoother business processes.

  • Improved Customer Experience: Adopt tools that enable secure payment gateways, live chat, and personalized marketing.

Eligibility Criteria

To qualify for the PSG grant, your business must:

  1. Be registered and operating in Singapore.

  2. Have at least 30% local shareholding.

  3. Use the purchased solution within Singapore.

Companies applying for eCommerce-related solutions should also ensure that the vendor is PSG pre-approved.

How to Apply for the PSG eCommerce Grant

  1. Identify Your Needs: Determine which eCommerce solution best suits your business goals.

  2. Select a Pre-Approved Vendor: Choose from the list of PSG-approved eCommerce vendors.

  3. Request a Quotation: Obtain an official quotation from the vendor.

  4. Submit an Application via the Business Grants Portal (BGP): Include all required documents and wait for approval.

  5. Implement the Solution: Once approved, proceed with deployment and claim reimbursement after completion.

Examples of PSG-Supported eCommerce Solutions

  • Website and eCommerce development platforms

  • Digital marketing and SEO tools

  • Payment gateway integrations

  • CRM and inventory management systems

Conclusion

The PSG Grant for eCommerce is a powerful enabler for Singaporean SMEs aiming to thrive in the digital economy. By adopting pre-approved digital solutions, businesses can improve efficiency, strengthen customer relationships, and achieve sustainable growth online. If you’re ready to future-proof your business, applying for the PSG grant is the first step toward a smarter, more competitive eCommerce presence.

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