PSG - PRODUCTIVITY SOLUTIONS GRANT

PayAdvisorMobile® is a pre-approved Digital Solution under IMDA (Infocomm Media Development Authority) for PSG grant. With up to 70% funding support, PSG serves as an avenue for companies to make long-term technology investments. The Productivity Solutions Grant (PSG) supports companies keen on adopting IT solutions and equipment to enhance business processes. Companies keen to improve productivity through adopting of technology solutions can now tap on the grant now.

ADS Grant

BCA and IMDA have curated Advanced Digital Solutions (ADS) to support construction firms in adopting solutions for safe re-opening and long-term digitalisation in the following two categories:

  1. Category A – Safely Re-open: Digital solutions to meet the COVID-Safe Restart Criteria defined by BCA. (E.g. visitor management with temperature scanning, smart cameras with video analytics and wearables to monitor safe distancing)
  2. Category B – Enhance Resilience & Efficiency: Digital solutions to digitalise workflows and reduce reliance on manpower. (E.g. e-Permit to Work, Defect Tracking Management, Quality Inspections)

Local construction companies can receive funding for up to 70% of the cost of the integrated digital solutions, subject to a cap of $200,000 per company. Funding caps for Categories A and B also apply:

  1. Category A: Cap of $20,000 per site, for up to 5 existing construction sites.
  2. Category B: Cap of $24,000 per site, for up to the same 5 existing sites where Category A solutions are implemented.

Interested companies should directly contact us.

SFEC Grant

Additional SFEC Support Available

Eligible employers for SkillsFuture Enterprise Credit (SFEC) will receive a one-off $10,000 credit to cover up to 90% of the out of pocket expenses on qualifying costs. This is on top of the 70% PSG Grant.

Additional Support: SkillsFuture Enterprise Credit (SFEC)

The SkillsFuture Enterprise Credit (SFEC) encourages employers to invest in enterprise transformation and capabilities of their employees. Eligible employers will receive a one-off S$10,000 credit to cover up to 90% of out-of-pocket expenses on qualifying costs for supportable initiatives, over and above the support levels of existing schemes including PSG.

To encourage employers to train and upskill their workers, S$3,000 of the credit should be used for workforce transformation programmes (for training and job redesign) and employers can only use up to S$7,000 for enterprise transformation (for programmes like PSG).

   SFEC Eligibility

Business who meet the following criteria will be eligible for SFEC:

  • Have contributed at least S$750 Skills Development Levy over the period*
  • Have employed at least three Singapore Citizens (SCs) or Permanent Residents (PRs) every month over the same period*
  • Have not been qualified at any of the earlier periods*

DIGITAL RESILIENCE BONUS - DRB

DIGITAL RESILIENCE BONUS - DRB F&B and Retail enterprises can get additional S$2500 bonus by implementing info-tech HRMS system Eligibility.

*To qualify for DRB, your enterprise must be: (i) incorporated on or before 26 May 2020 with a Food Service or Retail SSIC code and (ii) using the digital solutions between 1 June 2020 and 30 June 2021

PayAdvisorMobile® FEATURES

  • Facial Recognition Feature
  • Employee Module
  • Time and Attendance Module
  • Claims Module
  • Appraisal Module
  • Payroll Module
  • Roster Module (Optional)
  • Training Module (Optional)
  • TraceTogether (Optional)

ELIGIBILITY

  • Registered and operating Company in Singapore
  • Purchase/lease/subscription of the IT solutions or equipment must be used in Singapore
  • Have a minimum of 30% local shareholding (for selected solutions only)

Please contact our friendly staff for more information.