Is My Business Eligible for the MRA Grant?

Your business is eligible if it meets the following criteria:

• Registered and operating in Singapore.

• At least 30% local equity held by Singaporean Citizens or Singapore Permanent Residents.

• Group annual sales turnover not exceeding SGD 100 million OR group employment size not exceeding 200 employees.

• New to the target overseas market (annual sales in the market not exceeding SGD 100,000 in any of the preceding three years).

How Do I Apply for the MRA Grant?

Follow these steps to apply for the MRA Grant:

1. Identify the Market and Vendor

Choose your target overseas market and a suitable third-party vendor.

2. Prepare Documents

Get a proposal and quotation from the vendor.

3. Apply Online

Submit your application on the Business Grants Portal (BGP).

What is the Funding Support for the MRA Grant?

The MRA Grant provides up to 50% support for eligible costs, capped at SGD 100,000 per company per new market. The cap is divided into three pillars:

• SGD 20,000 for overseas market promotion

• SGD 50,000 for overseas business development

• SGD 30,000 for overseas market set-up

What Should I Know Before Applying for the MRA Grant?

One Market at a Time

You can only apply for one overseas market per application.

An Audit is Required

All MRA claims must be verified by a pre-qualified auditor from Enterprise Singapore's panel. Factor this step and its associated cost into your project timeline and budget.

Demonstrate Market Understanding

Your application should clearly articulate why you are targeting a specific market and how the proposed activities will help you achieve your expansion goals.