Singapore MRA Grant: Get Up to S$100,000 to Grow Your Business Overseas
- Vance Lim
- Aug 5
- 3 min read
Looking to expand your business internationally but worried about the costs? The Market Readiness Assistance (MRA) Grant from Enterprise Singapore offers up to S$100,000 in support to help local companies like yours explore new markets.

Whether you're setting up overseas, hiring in-market partners, or launching international marketing campaigns, this is one of the most valuable grants in Singapore for companies ready to go global.
What is the MRA Grant?
The MRA Grant helps Singapore SMEs offset the cost of expanding into a new overseas market. Eligible companies can receive up to 50% funding support, capped at S$100,000 per new market.
Here's how the support is broken down:
Area | Funding Cap |
Overseas Marketing | S$20,000 |
Business Development | S$50,000 |
Market Set-Up | S$30,000 |
Each application covers one activity in one market for up to 12 months.
Important: Apply before starting any work or signing any contracts. Only trade fair participation allows retrospective claims.
Who Is Eligible?
To apply, your company must:
Be registered and operating in Singapore
Have at least 30% local shareholding
Group revenue of ≤ S$100M, or staff count of ≤ 200
Have less than S$100K in annual sales in the target market for the past 3 years
Note: If your company has related entities, the grant cap is shared across the group for the same market.
What Can You Use the MRA Grant For?
The MRA Grant covers a wide range of international expansion activities, including:
1. Overseas Market Promotion (Up to S$20,000)
Trade shows and exhibitions
Online and offline marketing campaigns
PR and digital ads
2. Overseas Business Development (Up to S$50,000)
Business matching and partner sourcing
Setting up overseas business development teams
In-market consultants or reps
3. Overseas Market Setup (Up to S$30,000)
Incorporation of overseas entity
Intellectual property (IP) registration
Legal, tax, and licensing advisory
Some services (e.g. Free Trade Agreement consultancy) require Enterprise Singapore-approved consultants.
Key Benefits of the MRA Grant
✅ Lower Your Financial Risk
Get up to 50% of your overseas expansion costs covered.
✅ Speed Up Market Entry
Focus your budget on growth while the grant supports backend setup.
✅ Explore Multiple Markets
Grants are awarded per market, allowing you to scale regionally or globally.
✅ Access to Experts
Engage vetted consultants to guide your entry strategy and compliance.
How to Apply the MRA Grant
Here’s a quick overview of the process:
Identify your target market and project
Get a quotation from your selected vendor or consultant
Apply via the Business Grants Portal using CorpPass
Wait for approval (typically within 8–12 weeks)
Start your project, then submit deliverables and claims
You can apply up to 6 months before your project start date.
Common Mistakes to Avoid when applying the MRA Grant
Starting your project before approval (except trade fairs)
Submitting incomplete documentation
Overlapping with other government grants
Applying under related companies and exceeding the cap
Frequently Asked Questions (FAQs)
Q1: Can I apply for more than one country?
Yes! You can apply for multiple markets, as long as you meet the criteria for each.
Q2: What if I have an existing distributor overseas?
If your overseas sales exceed S$100,000 in the past 3 years, that market is not eligible.
Q3: Do I need to hire a consultant?
Only for certain services like FTA consultancy. For others, you may choose your own vendor.
The MRA Grant is one of the best Singapore grants for companies planning to expand overseas. It reduces your upfront costs, gives you access to expert support, and encourages a more confident approach to going global.
If you're a Singapore SME with global ambitions, don't miss this opportunity.
✅ Ready to Take the First Step?
At Account-Ink, we help SMEs prepare strong, successful MRA applications — from choosing the right activities to submitting claims.
📩 Get in touch with us today to check your eligibility, plan your overseas expansion, and unlock up to S$100,000 in grant support.
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