Productivity Solutions Grant (PSG)
For Beauty, Spa & Salon Business!
The Productivity Solutions Grant (PSG) was launched on April 2018 to assist businesses in their transformation journey.PSG supports the adoption of pre-scoped IT solutions, equipment and consultancy services that improve productivity, aligned to the industry roadmaps such as the Industry Transformation Maps (ITMs) and Industry Digital Plans (IDPs). Get Salon PSG Grant & Receive up to 70% funding support for eligible costs.
Save more with PSG grant when you sign up with WESS!
WESS is the preferred PSG Pre-Approved solution for Personal Care Services / Beauty & Wellness industry. Save up to 70% with PSG Grant when you sign up with WESS!
Eligibility to Apply for PSG
SMEs can apply for PSG if they meet the following criteria:
- Is a business entity registered and operating in Singapore;
- Have a minimum of 30% local shareholding; AND
- Company’s Group annual sales turnover should be not more than S$100 million, OR Company’s Group employment size should be no more than 200 employees.
- Purchase/lease/subscription of the IT solutions or equipment must be used in Singapore.
Employers eligible for the SkillsFuture Enterprise Credits (SFEC) can also qualify for additional subsidies under the scheme.
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How to apply for PSG Grant for your beauty, spa and salon business?
Here are the steps you can take when applying for PSG:
1. Visit GoBusiness Gov Assist to access the list of supportable solutions and identify relevant solutions that best suit your business needs.
2. For IT solutions: Get a quotation from the pre-approved vendor. For equipment: Source for the equipment and get a quotation from the vendor.
3. Submit an application on the Business Grants Portal (BGP). You will need to register for a CorpPass account to transact on the portal.
Note: There are no compulsory application fees required for schemes offered by ESG. Any application fees quoted by individuals/ firms offering grant application services are not endorsed by the Government.
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