When was the last time you upgraded your company’s laptops?
Did your staff complain about the laptops again because they are very slow?
Here’s the good news!
As part of the Resilience Budget announced by DPM Heng on 26 March 2020, the Productivity Solutions Grant (PSG) was enhanced to increase the maximum support level from 70% to 80% till 31 Dec 2020.
This will further help businesses digitalise to cope with the challenges of the COVID-19 situation.
Expansion of PSG scope to include Laptop-Bundled Remote Working Solutions
The Infocomm Media Development Authority (“IMDA”) and Enterprise Singapore (ESG) announced that they have pre-approved remote working solutions that come bundled with laptops.
The scope of PSG, under ESG’s support, has been expanded to include pre-approved remote working solutions bundled with up to three (3) laptops per package.
There is no official name for this laptop grant in Singapore. It is often known as "SME Laptop Grant" or "Productivity Solutions Grant for Laptop" to the local business community.
Eligible SMEs that wish to adopt these solutions can go to the Business Grants Portal to apply for PSG support from 1 April 2020 until 31 December 2020.
So now is the time to use PSG grant to buy laptop for your company.
New Categories Covered by PSG Grant
New solution categories have also been introduced to help SMEs strengthen their business continuity practices. These include: online collaboration, virtual meeting, queue management and temperature screening.
Businesses can enjoy a new E-invoicing Registration Grant of $200 if they sign up for the nationwide e-invoicing network by 31 Dec 2020.
Frequently Asked Questions (FAQs)
Q: Can I use PSG grant to buy Macbook?
No. You can buy PSG grant to buy computer. However, it has to be of a specific Windows laptop model.
Q: Can I use PSG grant to buy laptops only from SingTel, Starhub and M1?
No. We have other PSG grant laptop vendors to recommend so that you can have more options.
PSG Grant Eligibility
Q: Who can apply?
Applicants must meet the following eligibility criteria at the point of application:
a) must be a SME
b) must be registered in Singapore
c) must have 30% local shareholding ownership criteria
d) purchase/lease of the equipment must be used in Singapore
e) must not have:
You may apply for the following solution package on the Business Grant Portal (BGP) from 1 April onwards.
Please note that there is a grant cap on the following solution package. It is recommended to check on the grant cap with the appointed vendor before purchase.
Q; How to apply?
If you want to know what else you could use PSG grant for, we can assist you with the PSG grant application.
Feel free to contact Ascendo Academy at firstname.lastname@example.org.
Don’t miss this chance to have an equipment refresh!
Contact us to find out how to claim PSG Grant for other areas of your business.