Productivity Innovation Project: $10M Construction Grants

Are you looking to revolutionize your construction business in Singapore? Let me share an exciting opportunity that could transform your operations while saving you millions. The construction industry is evolving, and staying competitive means embracing digital transformation – but I know what you're thinking: "Digital transformation sounds expensive." Well, what if I told you the Singapore government is ready to fund up to 70% of your innovation journey?

The Game-Changing PIP Grant: Your Gateway to Innovation

The Productivity Innovation Project (PIP) in Singapore offers significant financial support to enhance productivity within the construction sector. This incentive scheme aimed at adopting innovative technologies and practices that improve efficiency on construction sites. PIP helps to co-fund the adoption of technologies which support the concept of Design for Manufacturing and Assembly (DfMA), Robotics & Automation (R&A), and Integrated Digital Delivery (IDD).

Under the PIP, eligible applicants can receive funding of up to 70% of the qualifying costs, with a maximum cap of $10 million per application. This substantial grant is designed to encourage the implementation of impactful construction technologies and innovations that can lead to higher productivity levels in the industry. 

Who Can Apply? 

• Location: Construction-related companies must be registered and located in Singapore.
• Application Stage: The application is prior to the procurement or implementation of proposed technology.
• Implementation: Technologies are to be implemented in construction projects in Singapore.
• Productivity Improvement: Aim for at least 30% productivity improvement, such as:
  • Shorter floor-to-floor cycle time
  • Fewer workers needed for specific site processes
• Funding Eligibility: Companies are not classified as SMEs and cannot access the Productivity Solutions Grant (PSG) funding for software in the Integrated Digital Delivery (IDD) project.
• Partnership Requirement: To receive a higher support level of up to 70%, companies must partner with at least one SME in the construction project.

The Application Process: Simpler Than You Think

Step 1: Draft PIP Proposal Slides

Go to the Building and Construction Authority (BCA) website, Download the PIP Proposal Slides template. Follow the template to draft your own document

Step 2: Submit PIP Scheme Enquiry Form

Fill out the enquiry form and submit it along with the PIP Proposal Slides

Step 3: Consultation with BCA Officer

Once you have completed the form, a BCA Officer will reach out to schedule a consultation session. Applications will be assessed based on their potential for on-site productivity improvement, which should be a minimum of 30%.    

The Smart Investment: GoBuid's Value Proposition

Now, here's where it gets interesting. While the government is offering millions in grants, let me show you how our GoBuid construction scheduling software fits into this picture perfectly.

Looking at the numbers above, it's clear that implementing GoBuid's construction scheduling software is a remarkably cost-effective investment, requiring less than 1% of your total project value. This minimal investment opens the door to substantial returns, both through government funding opportunities and significant operational savings.

Our clients consistently report an impressive 20% reduction in overall project costs after implementing our digital solution. This isn't just about better scheduling – it's about transforming your entire operation. Project managers have reported substantial savings in material costs through better inventory management and reduced waste. Teams are experiencing fewer delays and miscommunications, leading to optimized labor costs and improved productivity.

The real-world impact is striking: construction sites using GoBuid have seen shorter project timelines, better resource allocation, and more precise material ordering. One of our clients, managing a $50M project, saved over $400,000 in the first six months alone through better material management and reduced operational inefficiencies. Another reported a 30% reduction in rework costs due to improved coordination and real-time updates.

When you combine these operational savings with Singapore's PIP grant funding of up to 70%, the return on investment becomes extraordinarily compelling. It's not just about digitalization – it's about smart, future-proof business decisions that pay for themselves many times over.