PSG Grant eCommerce Web Design

The Productivity Solutions Grant is one of the most often discussed incentives available in Singapore for SMEs[1] The PSG web design has piqued the attention of many firms and some claims have been made on PSG eCommerce grant during the 2020 pandemic. The most frequent claim was for a PSG laptop which expired in December 2020[2] Most Singapore SMEs or firms are interested in purchasing a laptop. Some eCommerce web design experts are aware of the web design PSG eCommerce procedure, which finances up to 70% of the qualifying amount.

PSG web design accounting software includes a wealth of different alternatives that Singapore SMEs or firms may possibly claim for up to 70% financing assistance. Several instances are shown below:

  • Hubspot is a software firm that offers CRM and marketing automation.
  • Web design PSG eCommerce is a program for financial accounting.
  • Google Workplace is a solution for managing your emails and job suites for PSG web design eCommerce procedures.
IMDA Logo For Singaporean SMEs (PSG Grant)

Please note that Singaporean companies that fall under the “Food Services and Retail” sectors will be supported for up to 80%. This will run from 1 Apr 2022 to 31 Ma 2023 for certain pre-approved solutions. Find out more here.

Note that Singaporean SMEs will also be provided a $10,000 SkillsFuture Enterprise Credit for business or workforce transformations. Find out if you qualify here.

#1 What is a PSG eCommerce web design and how does it work?

The PSG eCommerce design is created to stimulate the usage of internet technology solutions in a wide range of web design PSG eCommerce of SMEs. Among them include retail, finance, logistics, engineering, food, and landscaping. Web design PSG eCommerce combines three existing grants: the landscape grant from the National Parks Board, the Spring Singapore Innovation Voucher, and the SMEs Digital initiative from the Media Development Authority.

In a nutshell, you may request up to 70% of the eligible amount of government financing for digital solutions for your company or sector.

#2 Why isn’t the final claim 70% for the full amount claimed?

The majority of PSG eCommerce design grants include the phrase up to in their title. Most PSG eCommerce design grants are subject to approval. You must submit an application via the Business Grant Portal for the relevant person to approve before continuing with the PSG eCommerce design grant claims. In certain circumstances, the firm is disqualified for the award. Thus we recommend SMEs apply before proceeding with the project.

Another point to consider is that the gap between the actual price you pay and the amount claimed. This is because you may not be approved to claim 80% due to fees such as Government Service Tax (GST) etc.

#3 What kind of people should apply for PSG eCommerce grants?

The great majority of Singaporean SMEs are eligible for this subsidy. According to the Enterprise Singapore website, the following conditions must be met:

– The corporation is registered and operates out of Singapore.
– In Singapore, IT solutions and equipment must be bought, leased, or subscribed to.
– Have a minimum of 30% local ownership, a Group annual sales turnover of less than S$100 million, and less than 200 employees (for selected solutions only)

Is your startup going to be accepted? You may apply via the Business Grant website, and the assessing officer will determine whether your application is accepted or denied.

#4 Is there a maximum number of applications that may be accepted?

Unlike the business preparedness award, there is no annual cap on the number of applications approved. You can apply for more than one solution via the PSG, but only one solution may be applied for at a time. As a consequence, before submitting an application for approval, SMEs should be aware of how the PSG grant eCommerce design accounting process works and which PSG-approved vendor they want to deal with.

There is also a $30,000 grant limit for each business organization for applications sponsored by Enterprise Singapore (ESG) between April 1 and March 31 of each year. As stated in Budget 2021, the PSG grant eCommerce design would fund up to 70% of qualifying expenses through March 31, 2022.

#5 PSG eCommerce grant application takes too much time; is there a prototype available, or can the vendor make it for me?

No matter how hard we try, the answer is no. The customer must submit both the claims and the request for approval through the business grant portal. The customer will be compelled to log in through Corppass, preventing an external provider from doing so.

As with previous government grants, the recipient will be responsible for demonstrating to the government how the solution would boost the efficiency of their operations, which will vary based on the client.

Website PSG eCommerce is one of the simplest grant applications, in our perspective. Many SMEs cite laptops and financial apps like website PSG eCommerce or Quickbooks as preferred choices.

#6 What are the conditions of payment for the PSG eCommerce grant?

It’s comparable to the vast majority of government handouts. That’s what a refund arrangement looks like. As a consequence, before submitting a request to the business grant site for reimbursement, the customer must pay in full.

In order to qualify for PSG grant eCommerce design platforms, you may be expected to show proof of usage and how this solution helps your organization for the website PSG eCommerce. Before making claims, you must utilize the software/solution for at least one month.

Payment terms for projects undertaken by different website PSG eCommerce providers differ. It’s wise to check with each solution supplier regarding payment conditions.

Why do you need a PSG eCommerce web design strategy?

According to the most recent study, 75 percent of Singapore’s small and medium-sized firms have an internet presence in 2016. As of January 2019, the Singapore Network Information Centre has registered over 90, domains. Companies obviously understand the value and need of having a website.

Many people make the mistake of underestimating the importance of PSG eCommerce web design and failing to collaborate with a Singapore digital marketing business. Website architecture, no matter how superficial, is the first thing a visitor sees when visiting your site. A Stanford University survey found that website design accounted for 75% of a company’s trustworthiness. This assures that a decent PSG web design will help you create market confidence and prestige, resulting in increased income and long-term buyers.

It makes no difference what industry the company works in. Or even the size of the company. Having a PSG web design platform from the beginning will only help you if you want to establish or expand a business.

Today is the day to apply for a PSG for web design & development

WLP DIgItal offers PSG grant eCommerce design for company incorporation in Singapore. We encourage you to contact us to learn more about the PSG grant eCommerce design options that might benefit your business. The PSG grant eCommerce web design software will assist your company. Contact us right now for further information.

Thomas LimThomas Lim
04:54 29 Jan 22
I have to admit that working with WLP Digital Ecommerce team has been awesome. Information provided was accurate and responses are very fast. Direction of our F&B company digital marketing campaign are clear and highly result driven. Thank you for driving up our marketing and sales!
sheena tecksheena teck
06:48 09 Jan 22
WLP Digital has a great team that helped me develop my online website for my customers to purchase easily. I have also engage their social media marketing management which has tremendously increase my sales revenue. I like the professionalism of their digital consultant and my digital campaign manager has always provided me with quality data to allow me to plan my marketing strategy with them together. Keep up the great work!
Elizabeth LEEElizabeth LEE
03:14 09 Jan 22
We were novices in term of website design but we were really fortunate to dealt with a professional digital solutions team @ WLP Digital.The project team handheld us through the whole process. They were earnest and prompt in answering all our queries and concerns, and always on hand to offer practical solutions that led to the successful launch of our corporate website. Keep up the great work ! ^^
Khoo Beng hwaKhoo Beng hwa
03:03 09 Jan 22
We had a great time working with the digital solutions team from the WLP Digital. Bryan is well equipped with the professional knowledge needed to clarify all our doubts. Furthermore, we can always obtain prompt responses from him where he is always patient when explaining to us.
chai mok fatchai mok fat
09:45 17 Nov 21
Would love to thank the website developer for their professional service in revamping our website. Our project manager's product knowledge is excellent and is able to offer us good advice on how to enhance our corporate website design and website product listings. She is also very accommodating to some of our technical requests which are out of the norm. Web development stays on schedule and WLP digital ultimately launch our website in a timely manner. Impressive by the web design work and flow!