Market Readiness Assistance (MRA)
Max Support
50%
Cap
S$100,000 per market
Processing Time
2-4 weeks
Overview
The Market Readiness Assistance (MRA) Grant supports Singapore companies in taking their first steps into overseas markets.
Support Details
Support Rate
Up to 50% of qualifying costs
Cap per Market
S$100,000 per overseas market
Eligibility Criteria
- Singapore-registered SME
- At least 30% local shareholding
- Entering a new overseas market
Application Process
1
Identify Target Market
Select the overseas market you wish to expand to
2
Plan Activities
Determine which activities to pursue
Grant application approval: 2–4 weeks. Claim disbursement: 4–6 weeks after submission.
Common Reasons for Rejection
- Market already entered
- Activities commenced before approval
Best Practices
Choose Your Market Wisely
Start with Low-Risk Activities
Quick Checklist
- New overseas market identified
- At least 30% local shareholding
Need Help With Your Grant Application?
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