Get up to 98%* support accross Venuerific package with PSG and SFEC

Regular Package

12 months licence full-access to the software with user access up to 4 users.

*Note: Only for venues that are eligible for both PSG and SFEC schemes

PSG Eligibility Criteria

To apply for PSG, your company must be:

Company must be registered and operating in Singapore

Company must be using purchased/ subscribed solution in Singapore

Company must be an SME with minimum 30% local shareholding

Company's Group annual sales turnover less than S$100 million OR

Company must have less than 200 employees

For more information, click here

SFEC Eligibility Criteria

To apply for SFEC, your company must be:

Your company has contributed at least S$750 Skills Development Levy over the period

Your company has employed at least three Singapore Citizens (SCs) or Permanent Residents (PRs) every month over the same period

Your company has not been qualified at any of the earlier periods

For more information, click here

How to apply for PSG and start using Venuerific solutions

STEP 1

Schedule a FREE Demo with us to see if you are eligible

STEP 2

Get Your CorpPass Account Ready

STEP 3

Submit an application on the Business Grant Portal

Offset up to 90% of your out-of-pocket fee with SFEC

There is no need to apply for SFEC, Eligible employers will automatically be informed by Enterprise Singapore in writting

The credit can be used to subsidise supportable projects or courses that these employers successfully apply

More details will be released be subsequently to eligible employers

Frequently Asked Questions about PSG & SFEC

Is it free to apply for PSG?

Any business is free to apply for PSG. The Grant will cover up to 80% of the cost to subscribe to the Pre-approved Vendor’s solution.

All businesses have to submit their own application. However, our friendly Account Manager will be here to guide you through the procedures when needed.

A signed quotation or contract or a purchased order

Vendor’s invoice

A Bank Statement that reflects your payment

A copy of cheque or receipt of payment

The license number of pre-approved vendor upon utilising the software for more than a month

A screenshot containing Venuerific’s or your company’s name

You can submit your applications for multiple times under PSG, but each application must be from different vendor. Do note that there is also a grant cap of $30,000 per year for each SME.

You can submit your claims after all expenses have been paid for and utilised. However, do note that you should also submit the claim before the the 7th month after your subscription has been approved.

There will be four qualifying periods:

a. 1 April 2019 – 31 March 2020

b. 1 July 2019 – 30 June 2020

c. 1 October 2019 – 30 September 2020

d. 1 January 2020 – 31 December 2020

Skills Development Levy (SDL) is a mandatory contribution by employers, as stipulated in the Skills Development Levy Act (Chapter 306). It was introduced on 1 October 1979 to encourage employers to upgrade their employees’ skills. SDL collections are channelled into the Skills Development Fund (SDF), which support a wide variety of skills upgrading programmes and activities. The SDL and SDF are administered by SkillsFuture Singapore (SSG).

All employers are required to pay SDL. The amount of SDL payable is prescribed in section 3 of the SDL Act. With effect from 1 October 2008, every employer is required to contribute 0.25% of the monthly remuneration of every employee on their payroll subject to:

- A minimum of $2 (for employees earning $800 or less a month)

- A maximum of $11.25 (for employees earning $4,500 or more a month)

SDL contributions (including arrears payments) made after the closure of the respective qualifying period will not be considered for SFEC eligibility. Only contributions for the current and upcoming qualifying periods will be considered.

Once PSG claim has been made, EnterpriseSG will inform IRAS and IRAS will credit back the remaining claimable amount to the company's GIRO bank account. If venue is eligible for SFEC, the credits will be shown automatically on businessgrants.gov.sg. There is no need to go on separate site to check. Claims under SFEC will be reimbursed to venues starting April 2021.

The SFEC will be reimbursed directly to employers from 1 April 2021 via GIRO or PayNow.

Please contact Enterprise Singapore at enquiry@enterprisesg.gov.sg for assistance should you have questions on SFEC and on your eligibility.

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