For business owners, GOOD NEWS!
As announced during the Supplementary Budget 2020, Productivity Solutions Grant (PSG) will be enhanced raising the maximum funding support level from 70% to 80%. The scope of generic solutions will also be expanded to help enterprises implement COVID-19 business continuity measures:
- Online collaboration tools
- Virtual meeting and telephony tools
- Queue management systems
- Temperature screening solutions
A highlight is that the scope includes Laptop-Bundled Remote Working Solutions now!
As of writing, there are few vendors that are pre-approved to provide the packages. Let me summarise so you dun have to spend that much time prowling around.
| Axiom | M1 | Rentalworks | Singtel | |
|---|---|---|---|---|
| Price | starting at $2,060.82 | starting at $1,891 | starting at $1,795.46 | starting at 1948.98 |
| Laptop | Microsoft Surface Laptop 3 | Basic Laptop Processor: Minimum Core i5 Memory: 8GB RAM Storage: 500GB SSD HDD or 1TB SATA HDD Display: 12” FHD IPS AG Operating System: Windows10 Pro Last known: Lenovo IdeaPad S340 | Laptop with Min Specs: Intel Core i5 Processor 8th/10th Gen 8GB RAM 512GB SSD Integrated Graphics 12” – 15.6” Display Windows 10 Pro | Laptop Processor: Minimum Core i5 Memory: Minimum 8GB Storage: Minimum 512 SSD Display: Minimum 13 inch Operating System: Windows 10 Pro 64 Currently Lenovo ThinkPad E14 Previously HP Probook G7 |
Each laptop have to be packaged with at least 1 Microsoft 365 Business Standard subscription for 1 year, which is reflected in the lowest price. This is nett, inclusive of GST as well. Laptop models are not guaranteed.
Each company is entitled to a maximum of 3, for consideration of grants. SMEs can apply for PSG if they meet the following criteria:
- Registered and operating in Singapore
- Purchase/lease/subscription of the IT solutions or equipment must be used in Singapore
- Have a minimum of 30% local shareholding; with Company’s Group annual sales turnover less than S$100 million, OR less than 200 employers (for selected solutions only)
Application process:
- Contact the vendors for quotation.
- Submit grant request at Business Grant Portal, using the quotation from your chosen vendor.
- Upon receiving your PSG approval, you may confirm the order with the vendor and make the arrangements for payment and delivery.
- Submit receipts in the Business Grant Portal to claim. Note that GST component is not claimable.
Do feel free to let me know if you have questions or any updates on the laptops offered.