Productivity Solutions Grant (PSG) for SMEs

requirements

PSG Grant requirements to get up to 50% off:

Business is registered and operating in Singapore

The Swingvy HR Software will be used in Singapore

You have a minimum of 30% local shareholding with group annual sales turnover less than S$100 million, OR less than 200 employees

HELP YOU SECURE PSG FUNDING

Application for the PSG Grant is Simple.

1. Speak to us for a customised quote based on your business size and needs.

2. Submit your application online on the business grants portal (BGP).

3. Once you’ve accepted the Letter of Offer, pay the Swingvy invoice to get started.

4. Submit the payment receipt on the BGP to claim your 50% reimbursement from PSG.

Download Full Guide

PREMIUM + PAYROLL

GOVT PAID PSG GRANT

WHAT YOU PAY

S$10.00 -

S$8.00 =

S$2.00

/ person / month

PSG supports businesses to adopt IT solutions that improve productivity.

VALUE

As part of the Supplementary Budget 2020, PSG funding support has been raised to 80%.

DATE

Up to 80% funding valid for applications until 31 March 2022.

PACKAGES

Packages available for purchase of 5, 10, 25, 50, or 100 users of Swingvy.

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REQUEST A DEMO TO LEARN MORE

TAKE THE FIRST STEP

Request a demo of Swingvy

Get a customised overview of Swingvy HR Software

Learn how you can get up to 50% funding with the PSG Grant

Get a customised quote and support for applying for the PSG grant

Thanks for requesting an online demo, our team will contact you within 2 business days via email.

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Support for smes

Get additional support to power-up your business.

SPEAK TO US TO FIND OUT MORE

SkillsFuture Enterprise Credit (SFEC)

The SFEC subsidy encourages employers to invest in upskilling their employees and business transformation with a one-off $10,000 credit to cover up to 90% of expenses.

How long is the PSG Grant valid for?

ESG supports companies’ adoption of PSG solutions up to the annual grant cap of S$30,000 per financial year. Eligible companies will have their annual grant cap refreshed at the start of the next financial year.

From 1 April 2022, PSG Grant will support up to 50% of eligible expenses. For Food Services and the Retail sector, PSG grant support will be up to 80% from 1 April 2022 to 31 March 2023 under the Food Services & Retail Business Revitalisation Package.

What are the steps for PSG application?

1. Get PSG quote from Swingvy
2. Submit to Business Grant portal (https://www.businessgrants.gov.sg/)
3. Get letter of offer approval
4. Give Swingvy your letter of offer from PSG
5. Swingvy issues invoice
6. Pay Swingvy the full amount as per PSG quotation & invoice
7. Swingvy issue receipt
8. PSG subscription starts
9. Minimally 1 month later (there’s an end date to when you can claim on your letter of offer), submit claims through Business Grant Portal for 50% reimbursement
10. Government will proceed to deposit 50% of full invoice in cash to your corporate bank account

Get 50% PSG Grant funding choosing Swingvy HR Software

Swingvy is an approved vendor of HR & Payroll software under the PSG Grant Singapore.

Productivity Solutions Grant (PSG) for SMEs

Swingvy Modules

HR Hub

Leave

Claims

Payroll

Time

Implementation & Migration

Training

Get a 50% discount with the PSG grant. Contact us for a quote.