Market Readiness Assistance (MRA) Grant

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.

Receive Funding for up to 50% of eligible costs for local SMEs

For supported activities, capped at S$100,000 per company per new market, which include:

Overseas market promotion (capped at S$20,000)
Overseas business development (capped at S$50,000)
Overseas market set-up (capped at S$30,000)

MRA Supportable Activities

Overseas Marketing Promotion
(S$20,000 cap per new market)

Overseas marketing and PR activities
Physical Fairs
Virtual Fairs

Overseas Business Development
(S$50,000 cap per new market)

Business matching
Overseas marketing presence
In-market business development

For Overseas Marketing Set-Up(S$30,000 cap per new market)

Registration of local entity
Certificates, permits, licenses
Franchise / Joint Venture Agreements

Eligibility Criteria for the MRA Grant

Your Business entity is registered and operating in Singapore
Your Company has at least 30% local equity held directly or indirectly by Singaporean(s) and/or Singapore PR(s), determined by the ultimate individual ownership
Your Company has a Group Annual Sales Turnover not exceeding S$100 million OR a Group employment size not exceeding 200 employees
You are new to target overseas market, with the company’s annual sales in the target market must not have exceeded S$100,000 in any of the preceding three years

You Must Know This
Before Your Apply for the MRA

There are no pre-approved vendors for the MRA Grant, which also means that you must be careful in selecting your MRA vendor.

When you engage us, you can rest assured that our local in-country teams are there to support you in establishing your overseas presence.

We understand the requirements of the MRA Grant, and will provide the necessary documentation and evidence to support your successful claims on the MRA Grant.

Let's Go Get You
Your Grant

Share some information about your project idea. This will allow us to give you qucik answers to your hardest questions.

Or just reach out directly over here:

WhatsApp: +65 9168 1682

ScaleUp@AmplifyConsulting.Asia

You Must Know This
Before Your Apply for the EDG

If you apply for EDG support for management consultancy-related costs, you must engage management consultants with the Singapore Accreditation Council -accredited TR 43 or SS 680 certification.

Our Consultants meet these requirements, and are certified at the highest levels - Tüv Süd Expert Singapore Management Consultants.

When you engage us, you can apply for your EDG Grant with full confidence that you meet the requirements and can qualify for the EDG Grant.

Find out more about the TR 43:2015 / SS 680:2021 requirements here