PSG eCommerce Packages Available With Up To 70% Grant Support For Singapore SMEs

Helping You Get Unstoppable Sales From Online Shoppers Buying From Anywhere at Anytime

By 2025, the e-commerce industry in Singapore is expected to generate S$9.8 billion!

Of the 75% of consumers who say they tried different online brands during the pandemic, 60% expect to integrate the new brands and stores into their post-COVID lives.

Sources: Vulcan Post, McKinsey
A Global challenge You Are Facing now

Shopping habits have changed forever, even after we slowly recover from this pandemic

Years of change have happened in weeks: Offline spending shifted rapidly online. Products rarely bought online are now e-commerce staples. Immediacy, convenience, and speed are top consumer demands nowadays.

Lockdowns, travel bans, and retail closures forced people to shop online, and the world’s largest retailers soon followed, in some cases selling direct to consumer (DTC) for the first time.

Is your business prepared for uncertainties?

You are unsure about the after-effects of this pandemic and worse still, how consumer habits have already changed after this pandemic that will affect how people buy from you.

Unfortunately, not all e-commerce newcomers had the technology and strategy in place to deliver a world-class customer experience.

We offer one of the most powerful and flexible e-commerce solution in the market. It’s built by experienced e-commerce specialists to help grow your business online and grow it fast.

You still have chance to tap on the Productivity Solutions Grant (PSG) to subsidize up to 70% of the cost to build your e-commerce solution with iFoundries and be well-prepared for this challenge!

But you have to act fast.

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Case Studies - Ryan's Grocery

“E-commerce made it possible for our customers to continue buying from us without leaving home.”

Ryan’s Grocery engaged iFoundries to develop a comprehensive e-commerce website to compliment their physical retail stores in Singapore, bringing their comprehensive range of the high-quality products to more customers with an omnichannel strategy.

Ryan’s Grocery online store saw a huge jump in sales during the COVID-19 ‘circuit-breaker’ measure in Singapore in 2020.

They were glad that they embarked onto e-commerce early.

Digitalization Strategy is Key

Permanently adjusting to the new norm with e-commerce - there’s no room for complacency

Regardless the sector you are in, having a seamless e-commerce strategy that ties well with your existing brick-and-mortar business should be your priority now.

Seize the opportunity to tap on the Productivity Solutions Grant (PSG) to subsidize up to 80% of the cost to build your e-commerce solution with iFoundries. This grant may not last forever.

Act fast to help your business get well prepared.

7 key benefits of building e-commerce for your business

Why Choose iFoundries For Your E-Commerce Strategy?

More than 500 satisfied customers

PSG Pre-approved solution vendor

More than 16 years of experience in building e-commerce websites

Use Our Proven Methodology For Your E-Commerce Success

Strategy

Audit and conceptualize an e-commerce strategy with the objective to generate, grow and sustain online sales.

Identify key digital assets and performance tracking methods required.

Omnichannel strategy (if applicable).

Implementation

Design and develop an e-commerce platform that focuses on optimal user experience to achieve higher conversion.

Setup relevant marketplace for further sales outreach.

Instant messaging & Chatbots for real-time customer service.

Automation

Integrate e-commerce platform with automation technologies for effective online customer engagement strategy.

Develop and build automated sales funnels.

Personalize customer experience.

Marketing

Identify marketing needs to drive awareness and demand.

Retargeting ad strategy. Content marketing strategy to increase brand/product visibility.

Micro-influencer marketing.

Supported by:

In support of:

Singapore SMEs like yours can receive up to 70%* grant support for your e-commerce solutions

The Productivity Solutions Grant (PSG grant) aims to support Singapore SMEs in the procurement of IT solutions and other applications to enhance productivity and accelerate digital transformation.

iFoundries’ e-commerce packages have been pre-approved for grant support of up to 70%* of the qualifying cost.

*Are you in the Food Services or Retail sector?

PSG grant will still support up to 80% from 1 April 2022 to 31 March 2023 under the Food Services & Retail Business Revitalisation Package!

Get started today with a free consultation worth $500!

To learn how you can leverage our e-commerce solutions to grow your business while tapping on the Singapore government’s grant support, talk to any of our growth consultants today.

Customer Testimonials

“We realised having an online presence is necessary, when our business opened after CB, business was still down by 50%. Being online now has increased sales revenue by 20% despite COVID-19.

Fion Glitters House

"Excellent job done by iFoundries team. Communication is good, and getting prompt response whenever I need help. Transparent work flow, leading to my website professionally done."

U-Jin Ng Red Dot Fitness Singapore

Going digital has increased brand awareness for my business. Today, we sell over 200 products with e-commerce, ranging from food products to beverages, which includes all house-brand products.”

Angie Guan Chun Ding

“We are able to tailor customer experiences with increased direct interactions with end consumers, resulting in a growing source of revenue for our business.”

Daniel Zoe Nissi

    Want the same success as these SME brands?

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    About iFoundries

    iFoundries (Asia Pacific) Pte Ltd
    10 Ubi Crescent #02-51
    Ubi Techpark (Lobby C)
    Singapore 408564

    Established in January 2005, iFoundries is an established digital marketing agency in Singapore that has been empowering people and their businesses with bespoke digital growth strategies.

    Offering an end-to-end suite of digital solutions including professional web design, iFoundries also help you build your audience with great digital content and user experience, grow your email list faster, attract and nurture your leads into sales through digital marketing and automation.

    Want the same success as these SME brands?

    Frequently Asked Questions

    The PSG is a government grant in Singapore that supports local SMEs who want to utilize IT solutions and equipment for their business operations. PSG covers many IT solutions for various industries such as retail, construction, food, and also solutions in business management, processes and systems, such as customer management, inventory management, financial management. Check out a list of what PSG covers here.

    SMEs must meet the following criteria to be eligible for PSG:

    1. Registered and operating in Singapore
    2. Have a minimum of 30% local shareholding
    3. 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).

    As the PSG is a government grant, it is highly regulated by Enterprise Singapore. Our original PSG package cannot be modified. However, any additional features can be quoted by our company separately and they have to be invoiced separately from the PSG project. Kindly inform our Growth Consultant who can guide you further on this.

    Yes, you can wait for the Letter of Offer to be given before paying a deposit to us. We will only start the work after the deposit has been paid.

    The following annual recurring fees are applicable:

    • Domain, Hosting and SSL
    • Plugins that require annual subscription fees (if required)
    • Maintenance package (optional)

    Applications are processed about 6 weeks from the submission of all required information.

    Companies are strongly encouraged to submit their applications ahead of time to account for the application outcome and/or processing duration required.

    Once an application has been submitted, companies may choose to proceed with the project before the application outcome. However, you will not be able to claim subsequently if the application is unsuccessful.

    The following supporting documents are required for a successful PSG claim:

    1. Purchase order or signed acceptance of quotation/contract
    2. Invoice
    3. Screenshots showing the company’s name and name of e-commerce solution
    4. Licence number(s) of software with minimum one-month usage report
    5. Receipt or copy of cheque payment
    6. Bank statement showing the payment
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