How to apply

  1. Prepare your project application
  2. Speak to our team to get more guidance
  3. Apply for your strategy project via the grant portal

Learn more about this grant

Understand how you can get subsidised for your next project below

10x your performance today by transforming your architecture and processes

To ensure our call will be productive, ensure you’re prepared the base materials below. Can't wait! We're sure it'll be fun!

  • Prepare your problem statements
  • Align on your desired outcomes and the timeline
  • Let us know your budget constraints if any
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Grant Overview

Understand how this grant can help you in your company’s digital transformation strategy

If you are a Singapore Small and Medium Enterprise (SME) looking to venture into the international market, the Market Readiness Assistance (MRA) grant is an excellent opportunity to gain financial support. Administered by the Singapore government, this grant is specifically designed to help Singapore companies take their first steps towards internationalisation. It provides funding for a range of business development and marketing activities that can help SMEs grow and expand their reach overseas. The MRA grant is an ideal way to help Singapore SMEs break into the international market, providing much-needed support to the business.

The MRA grant can cover up to 70% of eligible costs, capped at S$100,000 per company per new market, which refers to a target overseas country where the applicant has not exceeded S$100,000 in overseas sales in each of the last three preceding years. The total ceiling support of S$100,000 is divided across the three MRA pillars as follows:

  • 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

Further notes you'll need to take note off: 

  • There are no pre-approved vendors for this grant (except those on EnterpriseSG’s list of FTA and Trade Compliance consultants).
  • The previously-enhanced grant support levels were extended for a time-limited period given the exceptional disruptions brought about by the COVID-19 pandemic, to encourage the transformation of the economy and to help businesses emerge stronger from the pandemic.
  • All MRA claims are subject to audit, by an auditor from EnterpriseSG’s Pre-Qualified Panel. The cost of audit starts from $200, dependent on the audit’s scope. Audit costs are supported by EnterpriseSG, as per the Letter of Offer.
  • Prior to the submission of claims via the Business Grant Portal, applicants should ensure all necessary documents (such as the Letter of Offer and all addendum letters) are submitted to their selected auditor.

Elibility Criteria on the MRA Grant for your Business

  • Business entity registered and operating in Singapore
  • 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
  • New to target overseas market; The company’s annual sales in the target market must not have exceeded S$100,000 in any of the preceding three years
  • Company has a Group Annual Sales Turnover not exceeding S$100 million OR a Group employment size not exceeding 200 employees

*Note: Employers eligible for the SkillsFuture Enterprise Credit can qualify for additional subsidies under the scheme.
(Yup, that means you'll be able to takeaway more costs and mitigate the risk of entering New Markets!)

Outcomes and Impacts

  • Easily grow your business in the new market to increase leads, sales, and revenue
  • Focuses on building a strong foundation for your brand, which in turn increases brand equity in a new market
  • Build trust and authority with your customers, and develop a strong reputation to be competitive in the market

Digital Transformation solutions

The Right Roadmap and Strategy for Your Business: Website, Design System, Brand Collaterals and More - Up to 70% Subsidised

Understand how you can get your business transformation strategy subsidised via the video walkthrough below

Working hand in hand with the best digital teams globally

and many more ...

Let's Collaborate Today!

For a start, we transform your system architecture and create an agile operation process to meet your growing business needs.