Market Readiness Assistance Grant

MRA Grant: Up to S$100,000 for Overseas Expansion

The Market Readiness Assistance (MRA) Grant supports Singapore companies venturing into new overseas markets. Get up to 70% funding for market research, promotion, and business development activities.

Grant Details

Up to 70%

Funding Level

S$100,000

Max Support

Up to 24 months

Project Duration

6-8 weeks

Processing Time

What Activities Are Supported?

MRA covers three categories of overseas market development

Market Research
Understand your target market
  • Market feasibility studies
  • Consumer research
  • Competitor analysis
  • Regulatory research
Market Promotion
Build brand awareness overseas
  • Trade fairs & exhibitions
  • Marketing campaigns
  • PR activities
  • Product launches
Business Development
Establish overseas presence
  • Partnership development
  • Distribution setup
  • Market entry strategy
  • Pilot projects
Eligibility Criteria
Your company must meet these requirements
  • Registered and operating in Singapore
  • At least 30% local shareholding
  • First-time or early-stage overseas market expansion
  • Targeting new overseas market (not previously active)
Not Eligible
These scenarios are not supported
  • Existing overseas operations or subsidiaries
  • Markets where company already has presence
  • General business trips without market development activities
  • Purchase of real estate or working capital

Popular Target Markets

Where Singapore SMEs are expanding with MRA support

Southeast Asia
  • • Indonesia
  • • Vietnam
  • • Thailand
  • • Philippines
Greater China
  • • China
  • • Hong Kong
  • • Taiwan
South Asia
  • • India
  • • Bangladesh
  • • Sri Lanka
Others
  • • Middle East
  • • Europe
  • • Americas
  • • Africa

How We Help You Apply

Our proven process for MRA applications

1
Market Assessment
Evaluate target market viability and MRA suitability
2
Activity Planning
Design market entry activities and budget allocation
3
Proposal Development
Craft compelling application with market research
4
Submission & Approval
Submit to Enterprise Singapore and manage process
5
Activity Execution
Execute market development activities with compliance
6
Claims Management
Handle all claim submissions and documentation

MRA Success Story

Office Automation | Philippines
Breaking Into Southeast Asian Markets
How we helped a manufacturing company secure MRA funding and achieve 50% brand awareness increase

The Challenge

Limited brand awareness and difficulty identifying quality-focused business partners in a price-sensitive market

Our Solution

Comprehensive market entry strategy including market research, multi-channel brand campaigns, B2B partnership development, and partner training programs

Results

  • 50% increase in brand recognition over three years
  • Successfully onboarded regional distributors with USD 3.15M contract value
  • 10% revenue growth despite market challenges

Ready to Expand Overseas with MRA?

Check your eligibility and discover how MRA can fund your market expansion