Government Grants
Government Grants
COMPANY TRAINING COMMITTEE (CTC) Grant
The Company Training Committee (CTC) partnership with NTUC offers a transformative approach for business and workforce development. CTCs, established by over 1,000 companies, collaborate with key leaders to create business roadmaps, undergo digital reboot programs, and redesign workforces for future needs. Success stories include Gardens by the Bay and Certact Engineering, showcasing increased productivity, workforce upskilling, and successful business diversification. NTUC provides a Training and Placement Ecosystem, supporting CTCs through Operation & Technology Roadmap processes. The new NTUC CTC Grant, managed by e2i, offers funding of up to 70% for qualifying transformation projects, fostering collaboration for enhanced enterprise capabilities and workforce skills.
Eligibility:
All SMEs including those without local share holders, charities and enterprises with manpower headcounts.
Find out more from https://www.e2i.com.sg/ctc/ or contact us directly to link with direct NTUC officers.
Productivity Solutions
Grant (PSG)
SMEs are eligible for up to 50% Productivity Solutions Grant (PSG) support for the adoption of ePSProfessional, a Pre-Approved Solution under the IMDA SMEs Go Digital programme. Visit our PSG landing site for more details about the package: https://www.efusiontech.com/ecommerce-grants/
Our strengths are
- 20 year track record
- 100% local and dedicated team
- Custom and strategized design (no template)
- Opensource and extremely stable and user-friendly system
- Value-added features and services like CRM, SEO, Security and advisory
- Scalability to integrate with other platforms
For further information, please refer to
https://www.gobusiness.gov.sg/productivity-solutions-grant/all-psg-solutions/
Enterprise Edevelopment Grant (EDG)
Spring Singapore’s Capability Development Grant (CDG) and International Enterprise Singapore’s Global Company Partnership (GCP) grant have been combined into the Enterprise Development Grant (EDG).
Enterprise Development Grants are administered by Enterprise Singapore (which is a merged entity of SPRING and IE Singapore). The objective is to provide holistic and cusomised support to local enterprises seeking to build deep capabilities, scale up, and internationalise.
You can get funding up to 50% if your project is approved.
For more information, please visit:
https://www.enterprisesg.gov.sg/financial-support/enterprise-development-grant
Mentorship Support Grant (MSG)
MSG is a financial grant provided by SkillsFuture Singapore to co-fund the costs incurred by local enterprises in engaging the 3 parties below to provide project mentorship (digital transformation) through consultancy and/or project-based implementation-led training. The program will be implemented by
a. Singapore Digital Chamber of Commerce (SGDCC) and IHL
b. eFusion Technology Pte Ltd https://www.efusiontech.com/, the web expert
c. Global Digital Business Network Pte Ltd
This program package entitles you to digital transformation component such as Generative AI, Automation, Omni-channel marketing or Data Analytics.
Approval times can be less than 2 months to kick-start a project, unlike EDG grants which can take up to 6 months for project scoping to kick-off.
Eligibility
1. Local SME or MNC
2. 10 employees
A. For SMEs, the grant quantum is $30,000, 90% of the scope will be subsidised and only need to pay $3,000 SGD
B. For MNCs, the grant quantum is $30,000, 70% of the scope will be subsidised and only need to pay $9,000 SGD
SkillFuture Enterprise Credit (SFEC)
With a combination of PSG and SFEC, local SMEs might be able to get more than just 80% funding for your eCommerce Website. PSG covers 50% of the cost and SFEC can cover 90% the remaining out-of-pocket amount. This can work out to a maximum of 80% + 18% of the total PSG cost.
The SkillsFuture Enterprise Credit (SFEC) is created for businesses to advance in enterprise transformation and proficiencies of their employees. Eligible businesses will receive a one-off S$10,000 credit to cover up to 90% of out-of-pocket expenses on qualifying costs for supportable initiatives, over and above the support levels of existing schemes.
Qualifying Periods
- 1 April 2019 – 31 March 2020
- 1 July 2019 – 30 June 2020
- 1 October 2019 – 30 September 2020
- 1 January 2020 – 31 December 2020
To
- Have contributed at least S$750 Skills Development Levy over the period
- Have employed at least three Singapore Citizens (SCs) or Permanent Residents (PRs) every month over the same period
- Have not been qualified at any of the earlier periods
SFEC Expansion (2022), Qualifying Periods
- 1 January 2021 – 31 December 2021
To
- Have employed at least three Singapore Citizens (SCs) or Permanent Residents (PRs) every month over the qualifying period; and
- Have not been previously qualified for SFEC; and
- Are not in default of their SDL contributions during the qualifying period and do not have an inactive ACRA status during the qualification process.
Eligible businesses or employer who meet the following conditions will be notified in writing.
For more information about SFEC, please visit https://sfec-microsite.enterprisejobskills.gov.sg/home/
Tech-and-GO! Grant
Targeted at social service agencies (SSAs) and charities in Singapore, this grant works similarly to the PSG grant for SMEs. Eligible SSAs can get funding up to 80%, capped at $30,000 for pre-scoped IT solutions under this grant. The grant provides funding and assistance to help these organizations adopt digital solutions, enhancing their service delivery and operational efficiency. The initiative covers various tech solutions, including IT infrastructure, digital consultancy, and specialized software. Eligible applicants include SSAs and registered charities looking to leverage technology to improve their services and organizational capabilities.
To be eligible, your agency has to:
- Be a National Council of Social Service (NCSS) member or funded by the Ministry of Social and Family Development (MSF)
Applications have to be made directly to NCSS. For more information, please visit https://www.ncss.gov.sg/our-initiatives/tech-and-go
Market Readiness
Assistance (MRA) Grant
Get up to 50% of eligible third-party costs supported under the Market Readiness Assistance (MRA) grant. This cover activities such as:
- Overseas market set-up (e.g. start an office and find a business development manager)
- Identification of business partners (e.g. business matching)
- Overseas market promotion (e.g. set up a booth in large exhibition)
This grant will most likely cease by 31 March 2025. Contact eFusion to find out more about business expansion to Vietnam, Taiwan, Malaysia, Australia, Cambodia, Philippines and Thailand.
For more information, visit
https://www.enterprisesg.gov.sg/financial-support/market-readiness-assistance-grant
Ceased
CDG (Capability Development Grant) from SPRING Singapore
The Capability Development Grant (CDG) is a financial assistance programme that helps SMEs develop capabilities across 10 development areas, ranging from raising service standards, adopting technology to staff training and overseas expansion. The grant supports a wide-ranging of capability upgrading initiatives to help them grow the businesses locally and globally.
The grant defrays up to 80% of qualifying project costs such as consultancy, training, certification and equipment costs. You can take on large scale upgrading projects in areas like increasing productivity, process improvement, product development and market access.
To encourage more SMEs to build business capabilities, the application process for grant support of $30,000 or less has been simplified. You can look forward to simpler application forms and reduced documentation requirements for such projects.
This grant has ended. Read more about EDG above.
iSPRINT Grant from IMDA
iSPRINT (Increase SME Productivity with Infocomm Adoption & Transformation) scheme addresses the different areas of infocomm adoption for the SMEs, making it easy and convenient for these enterprises to seek assistance to help them along their infocomm adoption journey for 1st time adopters.
This grant has ended. The grant has been streamlined into the Productivity Solutions Grant (PSG), which went live on 1st April 2018. Read more here.
ICV Grant from SPRING Singapore
ICV is a $5000 grant offered by SPRING for each specific area of Innovation, Productivity, Human Resource, Financial Management.
This grant has ended. The grant has been streamlined into the Productivity Solutions Grant (PSG), which went live on 1st April 2018. Read more here.
SMEs Go Digital
SMEs Go Digital was announced at Budget 2017 to help SMEs build stronger digital capabilities to seize the opportunities for growth in the digital economy. Building on the foundation of Enhanced iSPRINT, SMEs Go Digital takes on a more structured and inclusive approach towards the adoption of digital technologies by SMEs.
The grant support for pre-approved solutions under the SMEs Go Digital programme will be streamlined into the Productivity Solutions Grant (PSG), which will go live on 1st April 2018. Read more here.
Digital Resilience Bonus (DRB)
The Digital Resilience Bonus (DRB) was targeting two sectors – food services and retail – as they are the most affected by COVID-19. There was a greater urgency for these sectors to digitalise and adapt quickly due to the consumer-facing nature of their businesses. Eligible enterprises can receive payouts of up to $10,000, if they: a. Adopt PayNow Corporate and PEPPOL e-invoicing; and b. Adopt the digital solutions (e.g. PSG) in the required categories.
This grant has ended.
FAQs
How do I know which grant I am eligible for?
To determine which government grant your business is eligible for, start by reviewing your company’s profile — such as ACRA registration, years in operation, annual revenue, and local shareholding.
At eFusion Technology, we offer a free eligibility check to match your business goals with the right grants like the Productivity Solutions Grant (PSG) or Enterprise Development Grant (EDG) etc. Take note, grants can come from Enterprise Singapore or Workforce Singapore (WSG) or NTUC.
Will I get into a situation where i cannot claim my money from the government?
You can avoid such situations by ensuring your application and project scope follow the grant’s guidelines before starting the project.
With over 20 years of experience and as an IMDA pre-approved PSG vendor, eFusion Technology ensures all quotations, project deliverables, and documentation are aligned for full compliance.
We help you secure approval upfront so that your claims are processed smoothly — no surprises, no rejection.
How to be eligible for Productivity Solutions Grant (PSG)?
To qualify for the PSG, your company must:
- Be registered and operating in Singapore
- Have at least 30% local shareholding
- Use the purchased solution within Singapore
eFusion Technology’s eCommerce and business website solutions are IMDA-approved, meaning you can enjoy up to 50% funding support.
We’ll help you verify eligibility, prepare your documents, and facilitate your application successfully.
Can I use Productivity Solutions Grant (PSG) for my current website's maintenance or enhancement?
No — the PSG only funds new, pre-approved solutions, not maintenance or minor tweaks to existing websites.
However, if your upgrade involves a major revamp with new features and improved business functions, it may qualify as a new implementation.
Our consultants can assess your current website and advise if a PSG-supported revamp is possible to help you get the most value from the grant.
My company is only registered recently. Am I eligible for Productivity Solutions Grant (PSG)?
Yes, newly registered companies can apply for the PSG as long as they meet the basic criteria:
- Registered and operating in Singapore At least 30% local shareholding
- Solution will be used locally
eFusion Technology has helped many startups secure PSG funding for their first business website or eCommerce store.
Getting funded early helps you build a strong digital foundation with government support from day one.
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