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PSG · Singapore SME grants

Does PSG cover software I already bought?

Short answer

No — if you paid or committed to it before submitting your PSG application, that purchase can't be claimed. The rule is about the application date, not the approval date: you must submit first. Once your application is in, you may go ahead and pay, deploy and use the solution (most then need a 1-month usage report) before the outcome.

Key facts

  • PSG does not fund purchases you committed to before submitting
  • An invoice or payment dated before your application kills the claim
  • Submit first — after that, you can pay, deploy and use the solution
  • The solution must also be on the pre-approved list

The gate is your application date. Get the application in first; only then purchase, deploy and use the solution. Any payment or signed contract that predates your application is the single most common own-goal — with no remedy after the fact.

If you've already bought a tool before applying, that purchase is out — but you may still use PSG for a future, different solution. Get the next one in the right order.

Answered by Nick Tung— a seasoned Singapore entrepreneur and PMC-certified consultant (PMC-10960) with deep first-hand familiarity across Singapore's SME grant landscape (PSG, EDG, MRA, CTC). My focus is helping SMEs adopt enterprise and workforce AI transformation; government funding is one of the support options businesses can tap through the official channels. More about how I work →

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Sources:EnterpriseSG, IMDA, NTUC, Singapore Government open data. Factual content (grant rules, eligibility, vendor data, pricing) is sourced directly from official government portals and remains the copyright of those respective agencies. Analysis, commentary and editorial framing are the author's own. Always verify the latest on GoBusiness, EnterpriseSG, or SMEs Go Digital before applying.