PSG FAQs

1. Business entity that is registered/incorporated in Singapore

2. At least 30% local shareholding

3. Company’s Group Annual Sales Turnover of not more than S$100 million, or Company’s Group Employment Size of not more than 200 workers

4. Purchase/lease/subscription of the Equipment or IT Solution must be used in Singapore

The company must not have:

1. Made any payment to a supplier, vendor or third party in relation to the purchase/lease/subscription of the IT solution or equipment

2. Signed any contract with a supplier, vendor or third party in relation to the purchase/lease/subscription of the IT solution or equipment

Otherwise, the application will be rejected.

The following entities do not qualify for grant support:

– Charities, Institutions of Public Characters (IPCs)

– Religious Entities

– Voluntary Welfare Organisation (VWO)

– Government agencies and subsidiaries

You may find the full list on GoBusiness Gov Assist.

Unless otherwise stated, only the actual purchase/lease/hire cost of the pre-approved equipment or pre-approved IT solution package is supportable. This excludes other related administrative fees/charges, e.g. delivery fees, installation.

No, the equipment or IT solution should only be used by the applicant entity and not by a related party.

The holding period for the equipment or IT solution is one year from the date of final claim disbursement.

To apply for the PSG, companies will have to:

1. Visit GoBusiness Gov Assist to access the list of supportable solutions and identify relevant solutions that they may want to procure

2. Obtain quotations from vendor (unsigned). IT solutions and vendors have been pre-qualified under the grant

3. Company should not have signed any contract or made any payment before submitting the PSG application

4. Submit an application on the Business Grants Portal (BGP) at www.businessgrants.gov.sg. Companies will need to have a CorpPass account to transact on the BGP

Click here for a step-by-step guide.

Companies can put in more than one PSG application depending on business needs. However, support can only be extended for one package per solution category per deployment location.

Supportable applications are:

1. The purchase of one unit of either an equipment/IT solution per deployment;

2. Subsequent purchase of the IT solution to be deployed at a different location

This means that if the Applicant applies subsequently (i.e. after the first application) for the same IT solution to be deployed at the same location, this application will be rejected.

Please note that for Remote Working Solution categories (“Online Collaboration Tools” and “Virtual Meeting Tools”), each business entity may only be supported for one application per category.

Yes, this is possible.

The Applicant shall ensure that the vendors selected do not have any relationship, connection, associated or dealings with the Applicant or its related companies or their directors and common shareholders. Applicant will be required to declare any relationship with vendors.

Each company supported by ESG is subjected to an annual grant cap of S$30,000 for solutions supported by ESG, starting on 1 April and ending on 31 March the following year.

Companies that have fully utilised their grant caps will not be eligible for further support within the validity period of the grant cap, and may then apply for new solutions at the next period when the grant caps are refreshed. Companies are encouraged to plan the use of the PSG for their purchases.

Applications are processed within 4-6 weeks from the submission of all required information.

Companies are strongly encouraged to submit their applications ahead of time to account for the application outcome and/or processing duration required.

Once an application has been submitted, companies may choose to proceed with the project and purchase the equipment/IT solution before the application outcome. However, you will not be able to claim subsequently if the application is unsuccessful.

We are receiving a high volume of applications for COVID-19 support solutions and we expect applications to be processed within 6–8 weeks from the submission of all required information.

Please note that additional time may incur if further clarifications are required by the processing officers, upon which they would reach out to you for clarifications.

Applications for COVID-19 support solutions will be assessed as long as they are submitted before 31 December 2020.

Business Grants Portal (BGP) is a one-stop portal for businesses to apply for government grants. This paperless system allows entities to find the grants they need with ease, enjoy a convenient form completion process, and reduce the time spent on applications.

If the company has yet to register for a CorpPass Administrator account, please visit www.corppass.gov.sg. After successful registration, users need to be assigned the e-Service access to the BGP in order to submit their grant application.

An email will be sent to the company’s contact person with the status of the submitted grant application.

Alternatively, Applicants may log in to the BGP. Under the “My Applications” section, they can view the status of their grant application by toggling between the tabs (Drafts/Processing/Actions Required/ Completed).

Reminder emails will also be sent when the application is returned for further clarifications. Applicants may make the necessary clarifications via BGP. Inactive applications may be withdrawn by ESG.

Any personnel assigned as a BGP user in the company and given a Preparer or Acceptor role by the company’s CorpPass Administrator can edit and submit the grant application. Contact details of the new user should be updated in the BGP.

If the application is currently reworked to you for updates, you may withdraw the application and submit a fresh one with the correct information.

To notify ESG to withdraw the application if it is being processed, please write in to enquiry@enterprisesg.gov.sg for an Application Withdrawal and you will be sent further instructions.

Companies will not be able to select IT solution packages of vendors whose contracts have expired.

Yes, this is allowed. The Applicant will need to provide a letter of authorisation stating the party they wish to authorise their CorpPass access to.

The applicant company’s CorpPass Admin would need to add in the “MTI – Business Grant Portal (BGP)” digital service:

1. Login at www.corppass.gov.sg

2. Go to ‘e-Services’ > ‘Select Entity e-Services’

3. Type “bgp” in the search bar to the right (next to ‘filter’)

4. Tick the box on the left of “BGP”, then press ‘Next’

5. If there is no checkbox to tick, you may skip ahead to Step 7 below.

6. Press ‘Next’ and ‘Submit’

7. Press ‘Return to Homepage’.

After adding BGP for the company, the Admin would then need to assign it to the relevant staff.

1. Go to ‘e-Services’ > ‘Assign selected e-Services’

2. Tick the box next to the relevant staff’s name and press ‘Next’.

3. Type “bgp” in the search bar to the right (next to ‘filter’)

4. Tick the box on the left of “BGP”, then press ‘Next’

5. Select the “Acceptor” role.

6. Authorization “Effective Date” can be today

7. “Authorization Expiry Date” can be left blank

8. Press ‘Next’ and ‘Submit’

If you are unsure of who your Admin is, you may use your SingPass to check on the identities of your entity’s CorpPass Admins and Sub-Admins:

1. Go to www.corppass.gov.sg

2. Click on ‘Services’ > ‘Find Your CorpPass Admin’

3 .Login to SingPass

4. Enter the company’s UEN

5. Press ‘Search’ (the respective admins’ names will be displayed)

For further enquiries regarding CorpPass roles, please refer to the CorpPass User Guide.

This is possible within the same Sector indicated in the original application.

If you would like to change your IT solution vendor, you may withdraw the previous application and submit a new one.

If you would like to change your Equipment vendor,

– For equipment purchase within the same equipment category: You may edit the Vendor details and quotation and resubmit the application form

– For equipment purchase under a different equipment category: You may withdraw the previous application and submit a new one

Click here for a step-by-step guide.

Any personnel assigned as a BGP user in the company and given a Preparer or Acceptor role by the company’s CorpPass Administrator can accept the Letter of Offer. Contact details of the new user should be updated in the BGP.

There can only be one claim per approved application.

For claims submission, company needs to ensure:

– Claimant has purchased/leased/subscribed to the solution as approved in the application; and

– Claimant has used the solution; and

– Claimant has paid for the solution in full; and

– Claimant has submitted all claim documentation

Disbursements can only be made after the claims have been approved.

Click here for a step-by-step guide.

Claims are processed within 4-6 weeks from the submission of all required information.

Companies are encouraged to submit their claims after they have fully deployed, providing documents to show use of the solution for at least one month. Incomplete submissions will result in delays.

Disbursement of the PSG grant will be credited directly to the company’s bank account through GIRO. The completed GIRO form must be verified by the company’s bank and submitted to ESG before the company’s claim request. For multiple claims, the GIRO form is only required during the submission of the first claim.

The company will need to submit a new GIRO form if there are changes to the company’s account details.

An email will be sent to the email address stated on the BGP to confirm the transaction.