SMEs must meet the following criteria to be eligible for PSG: Registered and operating in Singapore Have a minimum of 30% local shareholding Looking for Singapore-based IT solutions If you’re an SME registered and operating in Singapore with a minimum of 30% local shareholding and looking for IT solutions such as our eCommerce website development, you’re in luck! You’re eligible for the PSG. For start-ups with less than 6 months of operating period, you can still apply for PSG, subject to an assessment by Enterprise Singapore (ESG).