How to Apply for PSG and SFEC: A Step-by-Step Guide (2026)
If you’re a Singapore F&B business owner looking to adopt new technology, two government schemes can significantly reduce your cost: the Productivity Solutions Grant (PSG) and the SkillsFuture Enterprise Credit (SFEC). Used together, they can bring your out-of-pocket cost down to a fraction of the original price.
New to PSG? Read our full PSG eligibility guide first. This post focuses purely on the application process.
How to Apply for PSG: Step-by-Step
You must not sign any contract or make any payment with your vendor before receiving approval — this is the most common reason applications get rejected.
Step 1 — Get a formal quotation from a pre-approved vendor
Aptsys’s QR ordering and self-service kiosk solutions are already listed as pre-approved packages on the Business Grants Portal — so there’s no need to vet vendor eligibility yourself. Contact Aptsys at +65 6457 7991 or sales.demo@aptsys.com.sg for a free demo and a PSG-ready quotation.
Step 2 — Log in to the Business Grants Portal
Go to businessgrants.gov.sg and log in via Singpass as the business owner or an authorised employee.
Step 3 — Submit your application
Select “Productivity Solutions Grant,” fill in your business details, and upload the vendor quotation.
Step 4 — Wait for approval
Typically 4–6 weeks. You’ll receive a Letter of Offer once approved. Don’t sign or pay anything before this.
Step 5 — Sign your vendor contract
Only after receiving the Letter of Offer.
Step 6 — Implement, then claim
Submit your claim with proof of payment and implementation. The grant is disbursed directly to your business.
Common reasons applications get rejected
- Signing a contract or paying a deposit before approval
- Missing eligibility criteria
- Incomplete supporting documents
Stack PSG with SFEC to Reduce Your Cost Even Further
What Is SFEC?
A one-off S$10,000 credit from Enterprise Singapore that reimburses up to 90% of your out-of-pocket costs on qualifying transformation spending — including the portion PSG doesn’t cover. Up to S$7,000 can go toward enterprise transformation schemes like PSG.
How the Stacking Works
- PSG covers up to 50% of your qualifying cost
- SFEC reimburses up to 90% of what’s left, up to the S$7,000 cap
- On smaller projects, net cost can drop to a small fraction of the original price
Example: On a S$6,000 solution, PSG covers S$3,000. SFEC can reimburse up to 90% of the remaining S$3,000 — around S$2,700 — bringing net cost to roughly S$300. Actual amounts depend on project size and remaining SFEC balance.
Do You Need to Apply Separately?
No. If eligible, Enterprise Singapore already notified your CorpPass administrator. Check your balance on the Business Grants Portal.
Important: SFEC Deadline
The current SFEC expires 30 November 2026 — unused credit does not carry forward. A redesigned version (EWTP) launches 1 December 2026 with a fresh credit, but this year’s credit is use-it-or-lose-it.
Ready to Apply?
Aptsys is a PSG pre-approved vendor for QR ordering, CRM, and self-service kiosks. Speak to our team — we’ll help you check eligibility and prepare your application.
