Helping Businesses Transform With EDG Funding
VK Transformation (VKT) is a consulting and branding & digital marketing agency that helps Singapore-based SMEs and large enterprises with digital transformation, business transformation, strategic branding, marketing, advertising and internationalisation or market expansion. Our Enterprise Development Grant (EDG) certified Practising Management Consultant is a digital marketing, branding, and sales specialist with a proven track record of successful EDG projects.
The Enterprise Development Grant
The Enterprise Development Grant (EDG) supports qualifying project costs including consultancy fees, software equipment and internal manpower costs.
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Qualifying requirements include:
• Be a business entity registered and operating in Singapore
• Have a minimum of 30% local shareholding
• Be in a financially viable position to start and complete the project​
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With a high successful application rate and having secured the maximum support of up to 50% Grant for branding projects for our clients, VK Transformation is here to guide you through the process and realise your business goals. Our extensive strategy and execution experience in B2B & B2C markets has helped clients from industries such as Interior Design, Construction, online media publication, luxury brands, cybersecurity, HR professional services, etc. to identify new market segments, define business development strategies and assist them with innovative branding strategy & market development initiatives for market expansion across Asia Pacific for business growth.
Why Choose VKT as your EDG Partner?
VK Transformation is a full-fledgeD consulting & digital marketing agency that brings together Strategy, Branding and Performance Marketing expertise to help you achieve your desired business growth
Our business experience across the Asia Pacific region will help you with market expansion or internationalisation
Our diverse experience in strategy and execution for digital transformation, business model innovation, brand & marketing strategic development projects across B2B and B2C businesses from multiple industries will provide cross-pollination and best-practice sharing
Our team of EDG certified consultants, experienced and certified marketers, strategists, graphic designers, and trainers will help your business engage better with your target audience, accelerate traffic, sales and revenue growth
Our proven track record of securing up to 50% EDG grants for our Singapore SME clients
Our EDG solutions involve
Strategic Brand and Marketing Development
Test Product/Solution Viability
Business Strategy Development for Business Strategy Redesign eg. Omnichannel, Direct-To-Consumer, Franchise Growth Plan) and Sustainability-Relatated Projects eg. Sustainability strategy development Resouce optimisation Standards adoption Product/service/solution development
Expanding Your Business into International Markets
Achieve Service Excellence
Digital and Performance Marketing: Search Engine Optimisation (SEO), Search Engine Marketing (SEM), Social Media & Content Marketing
Frequently Asked Questions for EDG
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What is the highest possible grant value?A total grant maximum of S$100,000 applies. Companies that have spent the maximum S$100,000 (20K + 30K + 50K) in MRA funds for a specific nation between April 1, 2020 and March 31, 2023 will no longer be eligible for MRA awards for that market.
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What are the non-supportable costs under the MRA grant?Non-business development expenditures are not supported by the MRA grant, such as wages of overseas software developers or foreign employees.
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Must I work with consultants who possess Enterprise Singapore-recognised certification for consultancy projects?Yes, you are required to work with management consultants that possess Enterprise Singapore-recognised certification. This certification recognises management consultants who possess the right knowledge, competence and ethics to support businesses in their projects and growth strategies. Our key EDG consultant has been certified as a Practice Management Consultant and is eligible to guide your company through the EDG application process.
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What is the highest possible grant value?A total grant maximum of S$100,000 applies. Companies that have spent the maximum S$100,000 (20K + 30K + 50K) in MRA funds for a specific nation between April 1, 2020 and March 31, 2023 will no longer be eligible for MRA awards for that market.
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Can EDG support projects with both domestic and overseas activities?The Enterprise Development Grant supports projects that are executed locally, as well as those that help companies to venture overseas.
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What is the timeline for completion of an EDG funded project?Most projects undertaken by companies should be completed within 12 to 18 months upon successful grant application. You are advised to keep the project timeline to a reasonable duration, to ensure the outcomes remain relevant in a rapidly changing economic environment.