Productivity Solutions Grant (PSG)

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FoodRazor

FoodRazor is a pre-qualified B2B Marketplace/ E-Procurement System for Productivity Solutions Grant (PSG) application under Food services category.

FoodRazor is a platform that helps F&B merchants to streamline their backend operations, by optimising their invoice information and gain detailed insights to help manage their food spending.

Our platform provides services from ordering management, invoice digitisation, to food spending analytics. If you are looking to gain more operational efficiencies, instant cost tracking, hassle-free paperwork, delight employees and customers — we have a solution for you!

FoodRazor


What is PSG?

To encourage more SMEs to embark on enhancing their productivity, capabilities, and competitiveness, the PSG by Infocomm Media Development Authority (IMDA) supports SMEs in the adoption and implementation of simple solutions to improve business efficiency. FoodRazor is a registered pre-approved Solutions Provider under the PSG incentive with IMDA.

Productivity Solutions Grant (PSG) aims to better support businesses in the next phase of transformation, which may require more substantial investments and longer-term commitments.

50% Claim

FoodRazor is a pre-scoped solution under the 'B2B Marketplace/ E-Procurement System', allowing businesses who wish to undertake productivity solutions to be eligible for 50% reimbursement.

Are you eligible for PSG?

SMEs can apply for PSG if they meet the following criteria:

  • Companies registered and operating in Singapore
  • Those with at least 30% of local shares held directly or indirectly by Singaporeans/PRs
  • The annual turnover of the company does not exceed $100 million OR has an employment size not exceeding 200 employees

Due dates for the claim:

Applications can be made at any time before any payment or signing of a contract with the vendor.

How to Apply?

Interested companies can apply for the PSG through the Business Grant Portal (BPG) from 7 February 2019.

FoodRazor

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