PSG Grant Singapore Government Funding for SMEs

Up to 50% Funding for Your ERP & Digital Strategy

Empower your business with PSG-supported ERP and CRM solutions designed to improve productivity, 
automate operations, and accelerate digital transformation for SMEs in Singapore.  

Apply for PSG Grant

Singapore PSG Grant for Business ERP & CRM Software

Digital transformation has become essential for businesses looking to improve productivity, streamline workflows, and remain competitive in today’s fast-changing market. With the support of the PSG Grant Singapore, SMEs can adopt advanced business solutions while reducing implementation costs through government funding support.

At Neu Media Technology, we help businesses implement smart ERP, CRM, accounting, and automation solutions supported by Singapore government grants. Our team provides end-to-end support, from grant consultation and eligibility assessment to software implementation and post-deployment assistance. 

Businesses can leverage PSG-supported digital solutions to modernize operations, improve efficiency, automate workflows, and strengthen long-term business growth while benefiting from up to 50% funding support for eligible ERP and digital transformation projects. 

Government Grants Singapore for SMEs

Singapore offers several funding schemes to help businesses modernize operations and improve competitiveness. These Government Grants Singapore programs support SMEs in technology adoption, automation, innovation, and business development.  

Singapore PSG Grant for Business ERP & CRM Software - Neu Media Technology

What Is the Productivity Solutions Grant (PSG)?

The Productivity Solutions Grant (PSG) is a government initiative administered by Enterprise Singapore to encourage SMEs to adopt pre-approved digital solutions that improve operational efficiency and productivity.

For businesses considering Odoo ERP, the PSG Grant can help offset a significant portion of implementation costs, making digital transformation more affordable and accessible.

Eligible businesses may receive funding for:

  • Odoo ERP software subscription
  • ERP implementation services
  • User training and onboarding
  • Approved implementation-related costs

(Funding is subject to prevailing government guidelines and eligibility requirements.)

Who Is Eligible for the PSG Grant?

Your business may qualify if it:

  • Is registered and operating in Singapore
  • Has at least 30% local shareholding
  • Has annual sales turnover of not more than S$100 million or employs no more than 200 employees
  • Purchases a solution from a PSG Pre-Approved Vendor
  • Applies for the grant before signing contracts or making payment commitments

Every business is different, which is why we recommend a complimentary eligibility assessment before starting your ERP project. Speak to us today to find out more.

Productivity Solutions Grant (PSG) Singapore - Neu Media Technology

PSG-Supported ERP Solutions 

Our ERP systems are designed to centralize and automate key business processes across multiple departments. Businesses can manage operations more efficiently from a single integrated platform.

ERP Features Include

✔   Accounting & Financial Management  
✔   Inventory & Warehouse Tracking 
✔   Procurement & Purchasing Automation 
✔   Sales & Quotation Management 
✔   HR & Payroll Integration 
✔   Real-Time Reporting & Analytics 
✔   Workflow & Approval Automation

By implementing ERP software, businesses can reduce manual work, improve accuracy, and gain better operational visibility. 

Benefits of Digital Transformation with PSG Grant Support  
Implementing PSG-supported ERP and CRM solutions provides businesses with both operational and financial advantages. Digital transformation enables businesses to become more agile, efficient, and competitive in today’s evolving business environment.

OUR CREDENTIALS

IRAS
Listed software provider under IRAS Accounting Software Registrar (ASR+) (since June 2019)
CPF
Payroll Software and E-Submission Service Providers (since Jan 2021)
Enterprise SG
• Enterprise Development Grant (EDG)
• Productivity Solutions Grants (PSG)
IMDA
IMDA-approved vendor under the CTO-as-a-Service initiative
Peppol
Compliance with Peppol and IMDA Standards
InvoiceNow
Seamless integration with the E-invoicing / InvoiceNow ecosystem

How the PSG Grant Process Works

Applying for the PSG Grant does not have to be complicated.

Neu Media Technology guides clients through every stage of the process, helping reduce administrative effort while ensuring the application is prepared correctly.

Step 1 – Consultation & Eligibility Assessment

We review your business requirements, determine eligibility, and recommend the most suitable ERP solution.

Step 2 – Grant Application

Our team assists with the required documentation and guides you through the PSG application process before your project begins.

Step 3 – ERP Implementation

Once approval is received, we implement your Odoo ERP system, provide user training, and support a successful go-live.

Step 4 – Claim Submission

After project completion, we also guide you and assist  with the documentation required for grant claims in accordance with programme requirements.

Why Early Planning Is Important

One of the most common mistakes businesses make is engaging an ERP vendor or committing to project expenditure before obtaining grant approval.

To remain eligible, PSG applications should generally be submitted and approved before contracts are signed or implementation work begins.

Starting the planning process early allows sufficient time for:

  • Eligibility assessment
  • Solution consultation
  • Project scoping
  • Grant application preparation
  • Implementation planning

This helps ensure a smoother project while maximising the opportunity to receive available funding.

Why Choose Neu Media Technology?

Choosing the right implementation partner is just as important as choosing the right ERP system.

Neu Media Technology, an official Silver Status Odoo Partner in Singapore, combines Odoo ERP expertise, business process consulting, and grant advisory experience to help Singapore SMEs modernise their operations with confidence.

Our services include:

  • Odoo ERP consultation
  • PSG grant advisory  & PSG Pre-approved Vendor
  • ERP implementation and customization
  • Data migration and system integration
  • AI-powered business automation
  • User training and ongoing support

From grant consultation to successful ERP deployment, we provide end-to-end guidance throughout your digital transformation journey.

Is Your Company
Ready for an ERP?

A Comprehensive Checklist to Know if it’s
Time to Upgrade.

As your business grows, the tools and systems that
once worked may start holding you back. Use this
checklist to evaluate whether your current setup is
limiting your potential—and if it’s time to consider
implementing an ERP system.

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Free Consultation (30 mins)

Learn which grant fits your business and get answers about
timelines, cost estimates, and approval success factors.

FAQs – PSG Grant Singapore

The Productivity Solutions Grant (PSG) is a Singapore government initiative that supports SMEs in adopting digital solutions and IT systems to improve productivity, operational efficiency, and business growth.

Businesses registered and operating in Singapore with at least 30% local shareholding are generally eligible to apply for the PSG Grant, subject to the latest government guidelines and approval criteria.

What types of solutions are covered under the PSG Grant?

The PSG Grant supports pre-approved digital solutions such as ERP software, CRM systems, accounting software, inventory management systems, HR and payroll solutions, workflow automation tools, and e-invoicing platforms.

Yes, eligible SMEs in Singapore can apply for PSG-supported ERP and CRM solutions to improve business operations, customer management, workflow automation, and productivity.

Yes. Eligible businesses may apply for funding when implementing approved Odoo ERP solutions through a PSG Pre-Approved Vendor, subject to current programme guidelines.  

Yes, Neu Media Technology, provides consultation, grant guidance, ERP and CRM implementation, system customization, training, and post-deployment support for businesses applying for PSG-supported solutions.

The application should be submitted and approved before committing to project expenditure or signing implementation contracts. We recommend speaking with our consultants early in your planning process.