Applicants must meet the following eligibility criteria at the point of application:
a) must be a SME
b) must be registered in Singapore
c) must have 30% local shareholding ownership criteria
d) purchase/lease of the equipment must be used in Singapore
e) must not have:
- Made any payment to a supplier, vendor or third party in relation to the purchase/lease of the equipment
- Signed any contract with a supplier, vendor or third party in relation to the purchase/lease of the equipment
You have a company grant cap of $30,000 from 1st April 2019 to 31st March 2020 (this financial year). For your PSG applications to be qualified under this financial year, please kindly submit your application by 15th February 2020.
LS Retail Nav is a complete ERP solution for Retail business. It manages the whole retail business operations from front-end POS to store management, backend financial accounting and warehouse management. The solution is built on Microsoft Dynamic NAV. It is targeted at businesses with multiple retail stores. Key features include sales & supply chain distribution, purchasing & inventory management, customer loyalty, financial management, business analytics and others.
Mode of Payment
70% for SMEs
Things to Note
≥30% ordinary shares (ultimate individual ownership) held directly/indirectly by Singaporean/PR