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The Market Readiness Assistance (MRA) grant helps companies expand into new markets overseas by defraying the costs of overseas market promotion, business development and set-up. Up to 50% of eligible costs for local SMEs
The S$100,000 grant cap is applicable over the enhancement period of 1 April 2020 to 31 March 2025, comprising activity sub-caps of: S$20,000 for Overseas Market Promotion. S$50,000 for Overseas Business Development. S$30,000 for Overseas Market Set-up.
Business Grants Portal brings government grants for businesses into one place, so it’s easier to find and apply for the grants you need.
Market Readiness Assistance (MRA) Grant Eligible Activities . OVERSEAS MARKET PROMOTION (Capped at $20,000 per new market) Project deliverables should be submitted as part of claims. Achievement of project deliverables is assessed to determine if the project has been completed satisfactorily.
Nov 26, 2020 · What Is The Market Readiness Assistance (MRA) Grant? SMEs can apply for the MRA grant to finance projects and help your business expand into overseas markets. You can receive support of up to 70% of eligible costs, capped at a maximum of $100,000 per new market.
May 13, 2022 · What is the Market Readiness Assistance (MRA) Grant? The MRA grant Singapore businesses are eligible for is supported by Enterprise Singapore (ESG). It is for local SMEs that are looking to expand their business beyond Singapore.
Introduced in 2013, the Market Readiness Assistance (MRA) grant supports Singapore small and medium-sized enterprises (SMEs) in taking their first steps overseas. Currently, it provides companies up to 80%1 of funding support for qualifying activities to help them promote their products and services overseas, identify business partners and set ...
