PSG Grant for Restaurant POS: Get 50% Subsidy for Your POS System in Singapore
The Productivity Solutions Grant (PSG) is one of the most valuable government subsidies available to Singapore's food and beverage businesses. If you've been considering upgrading your restaurant's point-of-sale system, now is the time to act—with PSG, you can claim up to 50% off the cost of eligible POS solutions.
What is the PSG Grant?
The Productivity Solutions Grant is a government funding program administered by Enterprise Singapore to help local businesses adopt technology solutions that improve productivity. For restaurant owners, this means you can significantly reduce the upfront cost of implementing a modern POS system.
Key PSG Grant Details for Restaurants
- Maximum Subsidy: Up to 50% of eligible costs
- Maximum Claim Amount: Up to S$30,000 per project
- Grant Validity: Projects must be completed within 12 months
- Eligible Solutions: Pre-approved POS systems listed on the PSG catalog
Why Restaurant POS Systems Qualify for PSG
Modern restaurant POS systems directly contribute to productivity improvements in several ways:
- Order Processing Speed: Digital ordering reduces manual entry errors and speeds up table turnover
- Inventory Management: Automated stock tracking reduces waste and shrinkage
- Labor Optimization: Streamlined operations mean fewer staff needed for administrative tasks
- Data Analytics: Sales data analysis helps with better menu planning and staffing decisions
- Multi-Channel Integration: Centralized management of dine-in, takeout, and delivery orders
How to Apply for PSG Grant for Your Restaurant POS
Step 1: Check Eligibility
Your restaurant business must:
- Be registered and operating in Singapore
- Have at least 30% local equity
- Be in the food and beverage sector (NEA-licensed or relevant F&B category)
Step 2: Select an Eligible POS System
Not all POS systems qualify for PSG. The solution must be pre-approved and on the PSG vendor list. When selecting your POS system, ensure it:
- Appears on the PSG catalog for Food Services/Restaurant category
- Addresses specific productivity challenges in your operations
- Includes training and support as part of the package
Step 3: Submit Your Application
- Log in to the Business Grants Portal (BGP)
- Select "Productivity Solutions Grant" under grants
- Choose your preferred pre-approved vendor and solution
- Submit required documents: BizFile, quotes, project proposal
- Wait for approval (typically 2-4 weeks)
Step 4: Implement and Claim
Once approved, work with your POS vendor to implement the system. After successful implementation and verification, submit your claim with:
- Invoice and payment receipts
- Implementation completion report
- Productivity improvement metrics
Best PSG-Approved Restaurant POS Systems in Singapore
Several POS providers offer PSG-approved solutions for restaurants:
| POS Provider | Key Features | PSG Eligible |
|---|---|---|
| Klikit | All-in-one POS + order aggregation (Grab, Foodpanda, Gojek) + payments | Yes |
| MEGAPOS | 20+ years local experience, PSG grant specialists | Yes |
| Qashier | Cloud-based POS, retail and restaurant solutions | Yes |
| Eats365 | Multi-location support, extensive integrations | Yes |
| EPOS | 2,500+ reviews, Google Ads focus | Yes |
Why Choose Klikit for Your PSG-Approved POS
While several PSG-approved options exist, Klikit offers unique advantages for Singapore restaurants:
1. All-in-One Platform
Klikit combines POS, payment processing, and order aggregation in a single system—unlike traditional POS systems that require separate integrations.
2. Delivery Platform Integration
Connect directly to Grab, Foodpanda, and other delivery platforms without manual re-entry. Orders flow automatically to your kitchen display, reducing errors and saving time.
3. APAC-Native Pricing
Klikit is purpose-built for the Asian market, with pricing in SGD and support for local payment methods (PayNow, NETS, credit cards).
4. Lower Total Cost of Ownership
Compared to Western alternatives like Toast or Square, Klikit offers similar functionality at a fraction of the cost—making your PSG investment go further.
5. Local Support
Based in Singapore with dedicated support for local F&B businesses, understanding the unique challenges of Singapore's restaurant industry.
How Much Can You Save with PSG?
Here's a practical example of PSG savings for a typical Singapore restaurant:
| Cost Item | Without PSG | With PSG (50%) |
|---|---|---|
| POS Software (Annual) | S$3,600 | S$1,800 |
| Hardware (Tablet, Scanner, Printer) | S$4,000 | S$2,000 |
| Implementation & Training | S$2,000 | S$1,000 |
| First Year Support | S$1,200 | S$600 |
| Total First Year | S$10,800 | S$5,400 |
| Your Savings | — | S$5,400 |
Tips for a Successful PSG Application
- Document Productivity Issues: Clearly explain current challenges and how the POS system will address them
- Choose a Grant Specialist: Some POS vendors have dedicated grant support teams who can guide you through the process
- Plan Your Timeline: Budget 2-3 months for approval and implementation
- Keep Records: Maintain detailed documentation of all expenses and productivity metrics
- Think Long-Term: Choose a system that will scale with your business beyond the grant period
Conclusion
The PSG Grant represents a significant opportunity for Singapore restaurant owners to modernize their operations at half the cost. With the food and beverage industry becoming increasingly competitive, having the right POS system isn't just a nice-to-have—it's essential for survival and growth.
Whether you're a small cafe, a busy restaurant, or a multi-location F&B business, PSG funding can help you access enterprise-grade POS technology without the enterprise-grade price tag.
Ready to apply? Contact Klikit today to learn more about our PSG-approved POS solutions and how we can help you navigate the grant application process.