Do you have a thorough comprehension of the PSG digital marketing grant? If not, you have undoubtedly arrived at the correct location. This annual grant ensures that businesses are supported by subsidizing the cost of pre-approved digital solutions by nearly 70%. Upon pre-approval for this grant, you will be eligible to receive funding support for your digital marketing solutions at a substantial discount.
It is imperative to bear in mind that the primary goal of this digital marketing grant in Singapore is to encourage the digitalization of SMEs. You need to be aware of the terms of your agreement, though, before leveraging its services. The following are a few items that you should be aware of in relation to the PSG grant in Singapore.
You may not be aware of the fact that the Productivity Solutions Grant offers funding support of up to 70%. The objective of this funding is to support the implementation of IT solutions and equipment that have been pre-specified by the industry’s prominent agencies. Certainly, it can be implemented to enhance the consumer experience.
Even though the government grant is intended to support local SMEs looking to use IT solutions to improve their business operations, you should satisfy the eligibility requirements before leveraging what it offers. In conclusion, the SME must be registered and operating in Singapore.
If this is inadequate, the organization must have a minimum of 30% local shareholding and intend to contract with an IT solutions provider headquartered in Singapore. SME’s that do not meet any of the established eligibility criteria may be denied access to the benefits of this grant.
Remember that there are a few documents that need to be submitted before applying for this digital marketing grant. Some of the most crucial documents you need to have on hand before applying for a PSG digital marketing grant are a certificate of incorporation as evidence of local shareholding, an invoice, and your company’s bank statement for the previous six months. In addition, you will need identification numbers, such as a passport, NRIC, or ID.
The PSG grant in Singapore is the most sought-after by SMEs, as it allows them to increase productivity. In the final analysis, it functions as a conduit for Singaporean enterprises. If you are looking to improve your business processes, it is in your best interest to take advantage of what it offers. We are confident that this uncomplicated guide will be an excellent starting point for your investigation of the digital marketing grant in Singapore.
