Enterprise Development

Grant

Explore up to 90% funding support with us for your digital transformation journey.  

What is Enterprise Development Grant? 

EDG is the short form for Enterprise Development Grant and was announced in the Annual Budget 2018. EDG helps Singapore companies grow and transform. This grant supports projects that help you upgrade your business, innovate or venture overseas, under three pillars:

  • Core Capabilities

  • Innovation and Productivity

  • Market Access

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How much funding can you get?

Up to 90% funding is available for you. Prior to COVID-19, the original support level was 70%. To fight against the impending recession, the Supplementary Budget aka Resilience Budget 2020 raised the support level to 80% - 90% from 1 April 2020 to 31 December 2020. The grant funds qualifying project costs namely third party consultancy fees, software and equipment, and internal manpower cost.

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How can we help you in your digital transformation journey?

 

We are passionate about helping Singapore based Local Small Medium Enterprises (SMEs) and non-SMEs transform their business models, uncover new customer segments, and/or support overseas expansion in the following areas: 

  • Redesign Brand and Marketing Strategy

  • Reinvent and Transform Business Model

  • Achieve Service Excellence

  • Develop People Capabilities

  • Test Product/Solution Viability

  • Expand Your Business into International Markets

With our certified Practicing Management Consultant (recognized by Enterprise Singapore), Vivien Koh, we have worked with many businesses to accelerate their sales and marketing transformation across diverse industries like construction, pharmaceutical, packaged food, technology among others to help our clients transform their business with the Enterprise Development Grant (EDG).

 

What it takes to qualify

SMEs and Non-SME’s can apply for EDG if they meet the following criteria:

  • Registered and operating in Singapore

  • At least 30% local shareholding

  • A financially viable company

What is the advantage? 

With the support of EDG and VKT's expertise, your business will accelerate and transform during this COVID-19 in at least one of the following area(s): 

  • Brand and Marketing 

  • Business Model Transformation

  • Innovation

  • International Market Expansion

  • Productivity Improvement

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