Productivity Solutions Grant (PSG)
ARTEMIS, our globally trusted KYC/AML Solution, is now listed as a Pre-Approved Digital Solution for PSG by Infocomm Media Development Authority (IMDA).
Eligible companies can get up to 80% funding support from PSG. The PSG supports companies keen on adopting IT solutions and equipment to enhance business process automation and digitisation.
+ SkillsFuture Enterprise Credit (SFEC)*
is also available!
Companies that are eligible for SFEC will be able to receive additional funding support on top of PSG, providing companies up to 98% funding support in total.
*Check your company's eligibility for SFEC here.
Our Pre-Approved Packages
SMEs can apply for PSG if they meet the following criteria:
Registered and operating in Singapore
Purchase/lease/subscription of the IT solutions or equipment must be used in Singapore
Have a minimum of 30% local shareholding
Company's Group annual sales turnover is less than S$100 million, or has less than 200 employers (for selected solutions only)
An initiative of:
In support of:
Monetary Authority of Singapore
Digital Acceleration Grant (DAG)
Our KYC/AML Solutions are eligible for MAS DAG funding support.
Covering 80% of qualifying expenses (up to a cap of S$120,000) by the DAG, the scheme aims to assist Singapore-based smaller Financial Institutions (FIs) and FinTech firms to improve productivity, strengthen operational resilience, manage risks better, and serve customers better.
DAG - INSTITUTION PROJECT
Singapore-based FIs regulated by MAS (licensed or exempted from licensing), with not more than 200 employees
Singapore-based FinTech firms certified by the Singapore FinTech Association, with not more than 200 employees
DAG - INDUSTRY PILOT
Applicants should be Singapore-based FIs that are regulated by MAS (licensed or exempted from licensing), with headcount not more than 200 staff
Each project should have a minimum of 3 participating, eligible FIs
If you would like to arrange a demo with us, please contact our Sales Team via our contact form here.