Most people think modern tech revolves around complexities and high-end solutions. While it’s true to some point, there is more to it than meets the eye. In this day and age, you can employ easy and simple steps whenever you want to digitize your small business and improve productivity.
Luckily, many governments are now helping small businesses go through the digital transformation without feeling the heat. The government of Singapore has not been left behind in this regard as they support digital transformation through the PSG digital marketing grant (PSG).
This grant helps SMEs in Singapore overcome common challenges such as inadequate funding and lack of time. This is especially the case when you want to increase online visibility. Without further ado, below are some of the things you should know about the PSG grant for SME in Singapore.
The Productivity Solutions Grantfocuses on adopting internet technology options in specific industry solutions to ensure you expand your market share. Some of the selected industries include logistics, finance, engineering, food and landscaping industries. Actually , the PSG grant brings together three types of existing grants i.e., national parks board’s landscape grant, spring Singapore innovation grant, and the Media Development Authority SMEs Digital programme.
Through the grant, SMEs get the financial breakthrough they need to achieve success. By offering close to 70% funding support to companies they can focus more on long-term investment in technology. No wonder it is worth the attention when you want to grow your income.
Considering the PSG grant has limited opportunity with limited slots, there are a few criteria to meet before commencing the application process. SMEs companiescan apply for the grant as long as they’re registered and based in Singapore. Furthermore, the information technology solutions, lease and purchase must be in Singapore.
It doesn’t stop at that since the company’s employees should not exceed two hundred employees. Be sure to go through the eligibility criteria before applying, especially if you happen to be experienced in digital marketing.
The Productivity Solutions Grant is crucial in helping SMEs in Singapore materialize their innovative lifestyle concepts. If you are yet to apply, there is no other time to do so than now. Either way, you ought to understand what goes into the PSG grant before deciding on anything. Keep in mind the best PSG digital marketing choice is MediaOne.