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  • Home
  • About
    • About RIC
    • What We Fund
    • Who We Work With
    • Our Team
    • Track Record
  • How We Help
    • Funding Architecture Design
    • Grants Facilitation >
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      • Hong Kong >
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Developing World's Leading AI Career Development Platform

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The Client


Leading education technology company headquartered in Singapore with global operations. Active partnerships with prestigious institutions including Nanyang Technological University (NTU) and Swinburne University of Technology. Delivered reskilling programs for over 1,200 learners across high-demand tech fields such as AI, Cloud Engineering, and Product Management. Supported by government entities such as Tamkeen (Bahrain Government Skills Agency) Annual revenues exceed S$10 million, with active operations across Singapore, Australia, and the Middle East.

How RIC Helped


Grant Secured:

RIC supported the client in securing the prestigious InnovSpur Grant, administered by the Institute for Adult Learning (IAL). The award provided close to S$500,000 in funding, covering 75% of eligible project costs. The grant was approved for the development of a next-generation AI-driven platform designed to transform career development pathways through real-time, data-led skills assessments and job-matching capabilities.

Scope of RIC’s Consulting and Advisory Services:

RIC worked closely with the client to scope and articulate a high-impact innovation project involving the development of a next-generation AI-powered career development platform. This platform aimed to transform career pathways through real-time, data-led skills assessments and job-matching capabilities. RIC’s work included:
  • Strategic grant identification and positioning, matching the project to the InnovSpur Grant and aligning the proposal with the agency’s focus on innovation in online learning, AI-enhanced learner outcomes, and enterprise technology adoption.
  • Full proposal development, incorporating deep technical articulation of the platform’s AI integration layers, marketplace model, and deployment architecture, as well as financial modelling and business case preparation.
  • Technology readiness assessment across TRL 4 to 9, detailing milestones from prototype to market-ready product, ensuring feasibility for both domestic and international roll-out.
  • Market and adoption strategy planning, working with the client’s in-house tech team and external consultants to design a multi-market expansion roadmap and talent development plan.
  • Compliance and execution planning, setting out milestone tracking, risk mitigation measures, and operational governance to meet complex grant reporting requirements.

Outcomes


  • Secured close to S$500,000 in InnovSpur Grant funding, covering 75% of eligible project costs, enabling the client to proceed with full-scale development of the AI-powered Skills U Platform.
  • Positioned the client to launch a Minimum Marketable Product (MMP) in collaboration with leading institutions such as Nanyang Technological University (NTU) and Swinburne University of Technology, validating both commercial potential and educational impact.
  • Established a multi-market adoption pathway, supporting expansion into additional geographies and industries, including partnerships with training providers and large employers.
  • Enhanced organisational capacity through structured rollout planning, milestone tracking, and grant compliance frameworks, ensuring readiness for future funding opportunities and scale.

Throughout this journey, RIC worked hand-in-hand with the client, ensuring the project was not only fundable but also executable and aligned with long-term growth ambitions. By combining deep grant expertise with a solid understanding of the client’s technology vision and market positioning, RIC was instrumental in moving the project from concept to funded execution.

This case underscores how RIC partners with forward-thinking innovators to secure competitive funding, structure scalable project plans, and accelerate market impact. Our ability to merge grant strategy with technical and commercial acumen makes us the go-to partner for innovation-led enterprises seeking to grow faster and smarter.
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