Singapore Traffic Police announces Productivity Solutions Grant (PSG) for Speed Limiters

Singapore SMEs can now apply for PSG funding for speed limiter installation on eligible vehicles. The Productivity Solutions Grant supports up to 50% of eligible costs, subject to an annual grant cap of S$30,000 per financial year.

This guide explains who qualifies, the 1 October 2025 to 31 March 2027 support window, and how to apply through an authorised speed limiter agent in Singapore. 

Who Can Apply

To be eligible for the PSG grant, the company must meet these criteria:

  1. Business entity that is registered/incorporated in Singapore;
  2. Have at least 30% local shareholding;
  3. Company’s Group Annual Sales Turnover of not more than S$100 million, or Company’s Group Employment Size of not more than 200 workers;
  4. The applicant must engage an Authorised Agent for speed limiter installation;
  5. The applicant’s vehicle/s on which speed limiters are installed must be used in Singapore; and
  6. The company must not have made any payment/deposit to an Authorised Agent in relation to the installation of the speed limiter prior to application submission.

How to Apply

To apply for the PSG for speed limiter installation, you may:

  1. Get a quotation from an Authorised Agent
  2. Log in to Business Grants Portal (BGP) using Corppass to apply for the PSG.

Click here for more details on the application process.

Frequently Asked Questions

Can I apply for PSG after paying a deposit? 
No. The official criteria say the company must not have made payment or deposit before submitting the application.   

How much does PSG cover for speed limiters? 
Up to 50% of eligible costs, subject to the annual grant cap.   

What is the grant cap? 
S$30,000 per financial year.   

When is the support available? 
From 1 October 2025 to 31 March 2027 for eligible cases. 

Source: Singapore Traffic Police