Market Readiness Assistance Grant (MRA)

The Market Assistance Grant grant is for SMEs that are ready and willing to expand their business overseas. Overseas expansion may put a financial strain on some business owners and this grant would serve as a boost in budget planning for companies venturing overseas.

 

Grant Coverage

With a funding support of up to 70% of eligible costs, capped at S$20,000 per company per fiscal year that covers:
 

  • Maximum of 2 applications per fiscal year (starting 1 April and ending 31 March the following year)

  • Limited to 1 activity (e.g. market entry, or participation in a trade fair) per application

 

Application Eligibility

  • Registered / incorporated in Singapore

  • Have a minimum of 30% local shareholding

  • Group annual turnover not exceeding S$100 million per annum based on the most recent audited report, or group employment not exceeding 200 employees

 

Applications must be submitted no earlier than 6 months of project start date. Applications filed after 10 March will be considered an application for the new fiscal year.

 

Click on 'Enquire' to find out more and reach our certified consultants! 

Corporate Grants Application Services

 

Enterprise Development Grant (EDG)

Productivity Solutions Grant (PSG)

 

Market Readiness Assistance (MRA)