Solutions Grant (PSG) under IMDA
The Digital Resilience Bonus (DRB) Grant under IMDA has been officially ceased since 30th June 2021. We seek your kind understanding with regards to this update, thank you.
What is PSG?
The Productivity Solutions Grant (PSG) supports Singaporean SMEs to adopt IT solutions to enhance their restaurant operations.
As LevelFive Solutions Pte Ltd is a pre-approved PSG vendor, you can receive up to 80%* funding on our solution costs.
Note: * – Subjected to Approval
This covers a One-Year Connect subscription, approved hardware, installation, training, and more.
New Update from IMDA – Infocomm Media Development Authority regarding the DRB Bonus Grant
(NEW!) The DRB initiative has concluded on 30 June 2021. The last payout will take place in July 2021.
We will be refocusing our efforts on providing longer-term digitalization support for SMEs. This includes the broad range of support available under the SMEs Go Digital programme, from Start Digital foundational solutions for new SMEs or those yet to digitalise, pre-approved solutions that are supported by the Productivity Solutions Grant, to Advanced Digital Solutions to deepen digital capabilities and build resilience, and Grow Digital e-commerce platforms that enable SMEs to sell overseas.
What is DRB?
In addition to LevelFive Solutions Pte Ltd being a Pre-approved Category 1 PSG Vendor, we are also a Pre-approved Qualified Category 1 DRB Vendor.
With Digitalisation advancing in the age of Technology, we recognized that Digitalisation is a key enabler for businesses to improve their competitiveness and productivity so that they can emerge stronger during and after the post-covid situation.
Our team strives to help businesses to be more resilient and to adapt to new post-covid norms within the Food and Beverage (F&B) and Retail Industries when undertaking and utilizing our suite of solutions for your firm’s daily business operations.
DRB offers an additional bonus payout of up to $10,000* for Food Services & Retail enterprises that have PayNow Corporate accounts without suffix & with e-invoicing that uses pre-defined categories of digital solutions for Business Processes, Digital Presence & Data Mining, and Analytics.
Note: * – Subjected to Approval
How do I get the PSG for Retail Outlets or Restaurants?
Get a Quotation from LevelFive Pte Ltd
Please contact us through the website and one of our Product Specialists will get in touch with you. You’ll discover which solutions best suit your needs and receive a quotation.
Apply for the PSG
After checking your grant eligibility, register for a CorpPass account and submit your application for the PSG on the Business Grant Portal (BGP).
Claim for Reimbursement
Once approved for the PSG, complete the payment of your package and go live.On File a claim on business grant portal (BCP) for 70%- 80% grant. *Subjected to approval
