The MRA Grant support level of up to 70% will be extended until 31 Mar 2023.
Due to a large number of grant applications submitted in the first quarter of 2022, you may encounter a longer processing time than usual. To check on the status of your application, you may visit the Business Grant Portal here.
Small and medium enterprises (SMEs) will receive an international boost with the Market Readiness Assistance (MRA) grant to help take your business overseas.
Eligible SMEs will receive the following support:
Note: There are no pre-approved vendors for the MRA grant (with the exception of Enterprise Singapore’s list of FTA consultants)
Here’s a quick checklist you may refer to in preparation for your upcoming virtual trade fairs.
* With effect from 1 April 2020, a new market refers to a target overseas country whereby the applicant company has not exceeded S$100,000 in overseas sales in each of the last three preceding years.
Company should meet the following criteria:
Click here for full list of supportable activities.
Employers eligible for the SkillsFuture Enterprise Credits (SFEC) can also qualify for additional subsidies under the scheme.
Please note that retrospective applications will not be accepted. An application will be deemed retrospective only if any of the following events took place before the application date:
Companies must submit your applications no earlier than six months of project start date.
Please note that the processing time for MRA is about 8 to 12 weeks from the submission of all required information. Companies are strongly encouraged to submit their applications ahead of time to account for the application outcome and/or processing duration required.
Note: There are no compulsory application fees required for schemes offered by ESG. Any application fees quoted by individuals/ firms offering grant application services are not endorsed by the Government.
Please apply through the Business Grants Portal.
Send all claims with relevant supporting documents to us through the Business Grants Portal within three months from project end date.
For all claims, an independent auditor must verify the expenses. An audit grant fee, capped at S$500 or 70% of the audit fee will be given to companies who engaged an Enterprise Singapore-appointed auditor to verify the expenses.
All claims will be disbursed strictly on a reimbursement basis.
Click here for frequently asked questions on MRA.
For more information on how we can work with you to grow your business, click here.