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Productivity Innovation Project: $10M Construction Grants

Discover Singapore's Productivity Innovation Project (PIP): Unlock up to $10M in grants to fund 70% of your construction innovation costs. Learn how GoBuid's cost-effective software boosts productivity, cuts project costs, and qualifies you for this game-changing opportunity. Transform your operations today!

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by Sam Chen

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Productivity Innovation Project: $10M Construction Grants banner
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%.