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🏛️ Grants: MDEC · HRD Corp · PSGFrom a real public post

PSG-supported SMEs report 48% average cost savings

AgentVarious PSG solutions
IndustryAny SME
CountrySG
DifficultyEasy
Tool costGrant-supported
Saved (RM/SGD)48% cost saving per solution (average)
Source typeGovernment speech (transcript)

1 · The problem

SMEs hesitate to buy digital tools without proof they pay off.

2 · Agent setup

Singapore's Productivity Solutions Grant co-funds pre-approved solutions; IMDA's GenAI Sandbox let 150+ SMEs trial GenAI tools.

3 · Result

The Minister of State said PSG adopters (2018-2023) reported 48% average cost savings per solution, and 120 of 150+ sandbox SMEs kept using GenAI after the trial.

4 · Copy-paste prompt

Help me prepare for a PSG application: list what I need from vendors (quotation, solution ID), what the company must have, and questions to confirm on GoBusiness.

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