Is it authentic that you truly believe the best Electronic advancing funding choice should use? For example, your SME could require Web really looking at help to assist with driving business headway. Fret not, since you can now exploit what the Capability Plans Award (PSG) offers.

In a nutshell, the PSG grant funding support for pre-approved digital marketing solutions is up to 50%. Thanks to this grant, you can avoid the pain and costs of hiring digital marketers, only to find that they are not qualified or you’re not equipped to manage them.

Having said that, this simple guide takes you through some of the things you need to know before applying for the Productivity Solutions Grant (PSG).

The Productivity Solutions Grant (PSG) isn’t the sole resource you can access. In the event that your business is eligible for the SkillsFuture Enterprise Credit (SFEC) grant, rest in knowing you can tap on a one-off $10,000 credit to cover up to 90% of your out-of-pockets expense for supportable initiatives.

This includes digital marketing solutions offered by PSG-approved vendors. Keep in mind the payout from the SFEC grant is automatically calculated based on the claim submission for the applicable digital marketing solutions.

Not any different from its predecessor, SMEs must fulfill a list of criteria if they want to apply for this Digital advertising grant. Actually, your business should be registered and operating in Singapore. Moreover, the purchase/subscription/lease of the digital marketing solution needs to be used in Singapore.

It doesn’t end at that since the company must have a minimum of 30% local shareholding, with Company’s Group annual sales turnover of less than SGD$100 million, or less than 200 employees. Ensure you fully meet the set eligibility criteria before you finally apply for this Internet promotion subsidy.

There is more to applying for the PSG grant than what is merely included in this simple guide. Before applying for this Online marketing subsidy, you should remember that businesses can only submit one claim per approved application for the PSG grant.

Once the claim has been approved, entrepreneurs can no longer tap on this resource for a separate vendor. For this reason, it is essential that you do your research and select a trusted digital marketing agency to work with from the word go.