Companies implementing PSG solutions can get grants of up to S$30,000 per fiscal year from ESG. The yearly grant limit for companies will be reset at the beginning of the next fiscal year.
Starting on April 1, 2023, the PSG Grant will offer up to 50% funding to assist these businesses prosper.
Through the SkillsFuture Enterprise Credit (SFEC), an employer who invests in their employees' skill development can get a one-time credit of $10,000 that can cover up to 90% of the costs.