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Singapore MRA Grant: Get Up to S$100,000 to Grow Your Business Overseas

  • Writer: Vance Lim
    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.


Singapore MRA Grant for companies looking to expand oversea market

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:


  1. Identify your target market and project

  2. Get a quotation from your selected vendor or consultant

  3. Apply via the Business Grants Portal using CorpPass

  4. Wait for approval (typically within 8–12 weeks)

  5. 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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