Perfect Ways to Benefit from the PSG Grant in Singapore

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Furthermore, the company must have at least 30% local shareholding, and should be planning to hire a Singapore-based IT solutions provider. SMEs that don’t meet any of the set eligibility criteria might miss out on what this grant offer.

If reading this, chances are you already have insights into what the PSG digital marketing grant
entails. This annual grant which supports businessessubsidizes the costs of pre-approved digital solutions by close to 80%. If you are pre-approved for this grant, you can enjoy funding support for your digital marketing solutions at a significant discount.

 

After all, the intention of this grant is to encourage digitalization in Singapore companies. But before leveraging its offerings, you need to know what you’re signing up for. Below are some of the things you should know about the PSG grant in Singapore.

 

While it is a government grant supporting local SMEs that want to utilize IT solutions to improve their business operations, you should meet the eligibility criteria before leveraging what it offers. In a nutshell, the SME must be registered and operating in Singapore.

 

Furthermore, the company must have at least 30% local shareholding, and should be planning to hire a Singapore-based IT solutions provider. SMEs that don’t meet any of the set eligibility criteria might miss out on what this grant offer.

 

You already know that the PSG grant subsidizes eligible small-medium-enterprise (SME) businesses. But meeting the eligibility criteria doesn’t mean the end of the road. You should also have all the documents needed in place before filling up the application.

 

Among the most notable documents you need to have with you before signing up for a PSG digital marketing grant include an invoice, certificate of incorporation as proof of local shareholding and your company’s bank statement for the past six months. You should also have with you identification numbers such as ID, NRIC, or passport.

 

The PSG grant in Singapore is most widely sought after by most SMEs as it helps them improve productivity. After all, it is the avenue for Singapore-based companies. If you are looking forward to improving your business processes, then it is in your best interest that you leverage what it offers.

 

Hopefully, this simple guide can serve as a good starting point before you finally give it a try.  The good news is that you can use MediaOne's PSG digital marketing grant to your advantage. Get in touch with them today and see what they have in store for SMEs in Singapore.

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