Embrace Digital Transformation through
50% Productivity Solutions Grant (PSG)
Rockbell International Software Pte Ltd offers solutions that are pre-approved by IMDA. Seize the opportunity to utilize these grants now to digitize your business, enhance your business processes, and elevate your business to the next level.
Save up to 50% with PSG
The Productivity Solutions Grant (PSG) is designed to assist companies in adopting pre-defined IT solutions and equipment that effectively boost productivity. Companies can claim up to 50% of eligible expenses from the list of pre-approved options.
We are pleased to share that Rockbell carries 3 PSG pre-approved solutions: Million Accounting & Stock Control System, AutoCount Accounting System, Human Resource Management System.
Criteria to be eligible to apply for PSG:
Registered & operating company in Singapore
Purchased/ lease/ subscription of IT services must be used in Singapore
Have a minimum of 30% local shareholding
Turnover < S$100 million,
OR < 200 employees
Company’s Group annual sales turnover less than S$100 million, or less than 200 employees (for selected solutions only)
Additional SFEC support available
Employers eligible for the Skills Future Enterprise Credit (SFEC) will be granted a one-time credit of $10,000, which can cover up to 90% of the out-of-pocket expenses incurred for qualifying costs. Fro example, consider the scenario where you can claim a 50% grant from PSG. SFEC further enables you to offset up to 90% of the remaining out-of-pocket expenses that pertain to the unreimbursed 50% covered by PSG.
Criteria to be eligible for SFEC:
All eligible employers have been informed and are not required to apply for SkillsFuture Enterprise Credit (SFEC).
For companies that meet the criteria for SFEC eligibility, the designated Corppass administrator would have received an eligibility letter via email from EnterpriseSG. Employers who fulfill the requirements will find the S$10,000 credit displayed upon logging in to the Business Grants Portal and SkillsFuture Singapore’s SFEC website.
Here is how it appears if you are eligible for SFEC on Business Grants Portal
Please refer to the table below for the qualifying periods and respective eligibility criteria.
Qualifying Periods
Eligibility Criteria
Qualifying Periods
1 April 2019 – 31 March 2020
1 July 2019 – 30 June 2020
1 October 2019 – 30 September 2020
1 January 2020 – 31 December 2020
Employers must meet the following conditions over any of the qualifying periods:
- Have contributed at least S$750 Skills Development Levy (SDL) over a qualifying period; and
- Have employed at least three Singapore Citizens or Permanent Residents* every month over the same qualifying period; and
- Have not been qualified at any of the earlier periods.
SFEC Expansion (Budget 2022)
1 January 2021 – 31 December 2021
Employers must meet the following conditions over the qualifying period:
- Have employed at least three Singapore Citizens or Permanent Residents* every month over the qualifying period; and
- Have not been previously qualified for SFEC; and
- Are not in default of their SDL contributions during the qualifying period and do not have an inactive ACRA status during the qualification process.
*Refers to all Singaporean or Singapore PR employees drawing a salary and with CPF contribution.
Important notice: Employers are required to submit the final claims to the respective agencies for the supportable programmes that they have successfully applied for or training courses that they have completed by 30 June 2024.
Reach out to us today
Express your interest in PSG and SFEC by sharing your details with us via phone call, WhatsApp message, or email. We will reach out to you within one business day. Be assured that we will connect you with SME officers who will assist you through the application and claim process.
How can we help?
If you need to speak to us about a general query fill in the form below and we will call you back within the same working day.
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