How can you get up to 50% of your Shopify subscription fees back?

How can you get up to 50% of your Shopify subscription fees back?

With the Productivity Solution Grant (PSG)! 

PSG was first announced at the Supplementary Budget 2020 by the Singapore government, and aimed at encouraging enterprises to continue their digitisation and productivity upgrading efforts. 

Businesses can receive up to 50% of funding support for eligible costs 

The grant supports companies that are keen to adopt IT solutions and equipment to enhance their business processes. 

Sector-specific solutions covered include:

  • Retail
  • Food
  • Logistics
  • Precision Engineering
  • Construction and landscaping industries

Additionally, PSG also supports the adoption of solutions that cut across industries, like:

  • Customer management
  • Data analytics
  • Financial management
  • Inventory tracking

On top of this, to help enterprises implement COVID-19 business continuity measures, the scope of the generic solutions has expanded to also include:

  • Online collaboration tools (including laptop-bundled remote working solutions);
  • Virtual meeting and telephony tools;
  • Queue management systems;
  • Temperature screening solutions

The above support for COVID-19 business continuity measures will end on 31 December 2020. 

Who can apply?

Business entities that meet the following criteria:

  • Business entity that is registered/incorporated in Singapore
  • At least 30% local shareholding
  • Company’s Group Annual Sales Turnover of not more than S$100 million, or Company’s Group Employment Size of not more than 200 workers
  • Purchase/lease/subscription of the Equipment or IT Solution must be used in Singapore

The following entities do not qualify for grant support:

  • Charities, Institutions of Public Characters (IPCs)
  • Religious Entities
  • Voluntary Welfare Organisation (VWO)
  • Government agencies and subsidiaries


How do you apply? 

STEP 1 :

Access this list of supportable solutions and identify relevant solutions for your business needs.

A Shopify subscription is already a pre-scoped approved IT solution for Retail businesses under “E-Commerce - Online Shop and Marketplace (B2B & B2C)”. You’ll be able to receive support for Shopify Basic, Shopify, Advanced Shopify and Shopify Plus 

Do note that you must have a minimum of 30% ordinary shares held directly or indirectly by a Singaporean or PR. 


For IT solutions: Get a quotation from the pre-approved vendor
For Equipment: Source for the equipment and get a quotation from the vendor

Apply here for your quotation, then use it to submit your quotation via this PSG grant portal.


Submit an application on the Business Grants Portal. You will need to register for a CorpPass account. 

Let’s go through the process together! 

  1. Visit 
  2. Under “Apply for a grant now”, click “Login with CorpPass”
    PSG Grant

  3. On the next page, log in with your CorpPass.
    You can either log in with your Singapass Mobile app or CorpPass 2FA, OR you can simply enter your UEN / Entity ID, CorpPass ID and Password. Click “Login”.
    PSG Grant

  4. You will be notified that a push notification has been sent to your SingPass.
    PSG Grant
  5. Check your phone for the push notification. Click “Yes”.
    PSG Grant

  6. After your login has been completed on Singpass mobile, return to the Business Grants Portal page.
    PSG Grant

  7. You have successfully logged in and reached the Business Grants Portal! To start your application process, click “Get new grant”
    PSG Grant
  8. Under the “Select sector” section, click “Retail”.
    PSG Grant

  9. Under the “Select grant” section, select “Upgrade key business areas, such as adopt technology, improve business processes or raise service standards.”
    PSG Grant

  10. Under the “Apply for grant” section, select “Pre-scoped Productivity Solutions”. Then click “Apply”.
    PSG Grant
  11. On this page, make sure you have your quotation that you've received after applying on the official Shopify site on hand! Click the “Proceed” button under Application Form.
    PSG Grant

  12. Go through the eligibility criteria once more, and make sure that you qualify! If you do, select “Yes”, and then click “Next”.
    PSG Grant
  13. Fill in your main contact person’s details here. Be sure to make sure all the fields with the red asterisk are filled up, and that you enter the CEO or Managing Director’s details as registered with ACRA. Click “Next” when you’re done.
    PSG Grant

  14. Select “IT Solution”.
    PSG Grant

  15. In this section, type in Shopify, and select the plan you’ve decided to go for.
    PSG Grant

  16. Under No. of Units, select “1”. Put in the start date you intend to start using the solution, and under “Why do you need this solution?”, you can share with BGP why you’ve decided to go for Shopify.
    PSG Grant

  17. Under Vendor Details, select “Shopify Commerce Singapore Pte Ltd”.
    PSG Grant

  18. Under “Upload supporting documents”, click “Select files” and upload the quotation that was sent to you by Jumpstart Commerce.
    PSG Grant

  19. Be sure to also tag this document as “Selected vendor’s quotations”.
    PSG Grant
  20. Under “Deployment Locations”, select the location type accordingly, and enter the relevant address. Then click “Next”.
    PSG Grant

  21. It might take some time to load, so be patient and do not click away or reload the page!
    PSG Grant

  22. Under the Cost section, select “Subscription/Lease”, and then enter the Duration, Monthly Fee and One-time fee accordingly, then click “Next”.
    PSG Grant

  23. Under Business Impact, describe how Shopify can improve your retail business, as well as list out the tasks that it will help become more efficient. Then click “Next”.
    PSG Grant

  24. Under Declare and Review, be sure to go through each question carefully and answer them accordingly. Once you’re done, review your claim and click “Submit”.
    PSG Grant

So, what’s next?

  • Remember to print the receipt number of your submission for future reference.
  • Your claim may take up to 6-8 weeks of processing time for Enterprise Singapore to respond to you. 

Have more questions? We’re here to help - get in touch with us to find out more!

Reading next

A partnership with NEXT Academy
Save Smart & Spend Efficiently for your Business in 2021

Leave a comment

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Our Services

We Jumpstart the world's fastest growing brand

Our services are tailored to every enterprise, from small businesses to larger corporations. With Shopify Plus, we can help create a robust and multi-faceted ecommerce platform. Take advantage of our omnichannel capabilities to reach customers everywhere they shop. Our solutions are designed to jumpstart the world's fastest growing brand and ensure success in the ever-evolving world of ecommerce.

Migrate to Shopify Plus

Migrating to Shopify Plus from other platforms such as Magento, Demandware, Wordpress and others is a great way to give your business an omnichannel boost. Shopify Plus provides an unbeatable range of features, making it a perfect fit for any business looking to grow in the digital world. The robust and secure platform ensures that your business runs smoothly with no issues, making it the perfect choice for any business looking to take their ecommerce to the next level.

Upgrade to Shopify Plus

Upgrading to Shopify Plus will take your business to the next level! Say goodbye to the limitations and constraints of your current Shopify plan, and say hello to unlimited possibilities. There's no ceiling to what you can do and accomplish when you commit to Shopify Plus. From managing high-volume sales, to customizing your store with powerful apps, it's the ultimate way to make your business dreams a reality.

Shopify Store Maintenance

Shopify Store Maintenance is an essential part of running a successful ecommerce store. It helps to optimize your store and add new features, increasing customer retention and average order value. Plus, with ecommerce marketing automation, you can quickly set up automated sequences and campaigns that will keep customers coming back for more! Shopify Store Maintenance is a great way to grow your business and reach success.

We Migrate

We Upgrade

We Scale

We Support