Should You Apply for the PSG Grant?

Posted by Nick on April 6th, 2022

Are you in dire need of urgent financial assistance to adopt IT solutions in your business? If so, there is nothing to worry about since you\\'re not alone. With the pandemic hitting hard, most businesses closed their doors. Furthermore, consumers are now shifting to online shopping in an attempt to save both time and money.

Fortunately, there is light at the end of the tunnel since the Singapore Government is now offering help with the Productivity Solutions Grant (PSG). But what is PSG grant, and how can you use it to your advantage? You have come to the right place if you\\'ve been asking yourself this question. Read on to find out more!

First, you need to understand what makes this digital marketing grant worth your attention. To cut a long story short, the Productivity Solutions Grant subsidizes the costs of pre-approved digital solutions for SMEs in Singapore by up to 70%. So when counting on a pre-approved PSG vendor, you can enjoy your digital marketing solutions at a significant discount. So it is no wonder that it serves as an avenue for Singapore-based businesses to adopt more cost-efficient and productive business methods.

Businesses in Singapore are entitled only to submit one PSG claim per approved application. After the claim has been approved, entrepreneurs can no longer tap on this resource for a separate vendor. No wonder you need to do your research and select a reputable digital marketing agency to work with.

To avoid making a costly hiring decision, it is in your best interest to look at the agency\\'s portfolio and client reviews to get a deeper insight into what working at the agency feels like. Use this as the opportune time to know if their goals and vision align with your company’s. It is then that they can help you apply for the PSG grant in Singapore.

The PSG Digital Marketing Grant is undeniably an exciting opportunity for SMEs to expand their presence online and reach out to new audiences without taking a toll on their finances. As long as you meet the PSG grant eligibility criteria, be rest assured you will get the funding needed to help propel your business to greater heights. So, what are you waiting for before you finally give it a try?