Things to know before Leveraging Digital Marketing Grants in Singapore

Posted by Nick on April 6th, 2022

There are misconceptions surrounding the legitimacy of business grants in Singapore covering digital marketing costs. While there are many digital marketing grants available for SMEs, not every business leader is interested in leveraging them. Even though they might have their reasons, this could tamper with business performance.

Keep in mind digital technology may generate revenue or reduce costs for your business, depending on the market you operate in. For this reason, grants are dispersed through different routes. In this quick guide, we will take you through some of the digital marketing grant Singapore.

COVID-19 has compelled businesses all around the globe, including Singapore, to develop and adapt far more quickly than they were accustomed to. This explains why companies that wish to employ digital solutions may not have the financial means to invest in the essential skills or training. But that’s not to say you should leave it at that as it could hamper business performance.

By taking advantage of the digital marketing grant in Singapore, you will get the financial assistance you need to keep your business growing. Consequently, a grant will help cover a large amount of business expenditure and encourage more SMEs in Singapore to adapt to the new economy.

The Productivity Solutions Grant (PSG) is undeniably one of the best digital marketing grants Singapore SMEs can take advantage of. But what is a PSG grant? This grant helps businesses interested in implementing IT solutions and equipment to improve their business operations in Singapore. This includes vertical-specific software solutions for the engineering, food, and logistics industries.

Before doing anything else, you need to know more about the PSG grant eligibility criteria. After all, you want to be sure you’re eligible to get the financing you need. It is then that you will never worry about missing out on the grant.

These are some things you need to know about digital marketing grants in Singapore. Whether you want to file the PSG claim or take advantage of the Enterprise Development Grant (EDG), you highly recommend that you spend some time doing your homework. After all, there is no essence to working with a PSG vendor, yet you don\'t know anything about this grant.