PSG in eCommerce stands for "Product Solutions Grant." Through this, traditional businesses can bring digital transformation. This initiative allows small-scale companies to get the hype from eCommerce digital platforms. From this, you can raise or source your finances premium business ideas and assist you with the latest technology. Your company must be registered and functioning in Singapore with at least 30% local shareholders to qualify for the PSG Grant. There are additional requirements that change based on the nature of your project.

Businesses from all industries can request up to 50% support beginning on April 1, 2023, for applications that fall under the award maximum of $30,000 per firm for three years (from April 1, 2023, to March 31, 2026).

For the extension of the PSG, grant here are some of the simple and practical steps that you need to follow :

• Log in to the Business Grants Portal.
• Navigate to 'My Applications' to view all your applications.
• Choose the 'Completed' tab.
• Click on your project title.

Click on the 'Extend Due Date' button.

For the Business Improvement Fund (BIF), Enterprise Development Grant (EDG) and Market Readiness Assistance (MRA), you will be required to submit a Change Request to extend a claim due date.

The PSG or Productivity Solutions Grant always encourages companies to adopt IT solutions and tools to make the business process smoother and quicker. The PSG Cover has specific sectors of business under them, including food, logistics, retail, construction landscaping and precision engineering. You can get support for your digital needs by hiring a PSG pre-approved vendor, including taking advantage of the PSG grant to create an e-commerce website.

This depends on the application and how long it takes to get processed. But generally, an application takes about six weeks to be processed from the submission date of the necessary documents and information. Applications for PSG Grant Singapore for website development are strongly requested to be submitted in advance to allow for application outcomes and critical processing times. For the necessary paperwork and details, please see the PSG Application Checklist.

Whichever business is applying for the PSG Grant, the company must have atleast 30% of their local equity, not less than that directly or indirectly held by Singapore permanent residents. Regional equity is determined in the process based on the leading ownership concept.

PSG specializes in creating intelligent, stylish, and secure websites with powerful functionality. Their services include:

• Dynamic and flexible web design.
• Back-office integrations for efficiency.
• User-friendly content management.PSG's

Websites feature modern elements like SEO, promotion engines, cross-selling, and up-selling, all complemented by intuitive design. They prioritize client independence by providing training and guides for content updates and site administration without the need for programming expertise.

The efficiency of Product Solutions Grant (PSG), a Singapore government project backed by IMDA, assists Singapore businesses in increasing efficiency and automating routine tasks using IT tools and equipment. Enterprise Singapore finances eCommerce website projects.

As far as you are joining hands with Dcub3, the process of the productivity solutions grant is straightforward and quick. So, here we go to apply you might need:

• It would help if you got a Quotation from a PSG-approved agent.
• Be ready with the current or latest financial statement.
• You can also submit your application through the Business Grant Portal (BGP).

Yes, you can apply for e-commerce PSG to revamp your existing website, subject to approval.

Selecting Dcub3 Pte Ltd as your PSG (Productivity Solutions Grant) partner to build your eCommerce website is based on knowledge, dependability, and dedication to your company's success. We bring many experiences and have a history of providing outstanding eCommerce solutions. Our team of qualified experts is knowledgeable about the most recent business trends and technologies, guaranteeing that your website is not only cutting-edge but also customized to meet your unique requirements.

In addition, we can help you receive government incentives and subsidies as a PSG vendor to reduce your project's cost further. You receive more than just a website when you work with Dcub3; you also get a strategic partner committed to seeing your eCommerce business succeed.