Productivity Solutions Grant (PSG)

Productivity Solutions Grant (PSG) subsidies from Up to 80% to 70% from 1st April 2022

SME might be thinking it is only 10% less subsidies starting from 1st April 2022.

Let’s see how you should perceive this:

Take for example your PSG Package Solution Price: $10,000.00

80% Grant, you claim back from PSG: $8,000.00
Your total outlay cost (or investment): $2,000.00

70% Grant, you claim back from PSG: $7,000.00
Your total outlay cost (or investment): $3,000.00

Based on PSG grant, it is only: 10%
But base on SME cost outlay. it is: $1,000.00/$2,000.00 OR 50% higher

So if you think this is significant, submit you application now to avoid the 50% increase in your cost!

Read up on PSG Grant on Moneyworks here.

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