Market Readiness Assistance Grant

Secure a government supported Grant to reach new international markets

MRA (Market Readiness Assistance Grant) MRA Grant is a grant by Enterprise Singapore for established local SMEs to help them to improve their market knowledge, strengthen their capabilities and expand their networks, as well as to connect them to partners and opportunities overseas.

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To help local SMEs get a foothold in overseas markets, the EDGE Internationalisation (MRA) Grant was set up to provide funds to take the first steps. The grant will cover up to 70% of eligible costs (capped at S$100,000) for each company in each new market.

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What is Covered in EDGE Internationalisation (MRA) grant?

  • Overseas Market Promotion
    • Overseas fair participation costs
    • Professional overseas marketing service costs
  • Overseas Business Development
    • Professional business development service costs
    • Office rental (12 months)
    • Basic salary support for overseas business development staff deployment (12 months)

    For SMEs, support is up to 70% if a Singaporean or Singapore Permanent Resident is deployed, and up to 50% if a foreigner is deployed. For non-SMEs, support is up to 50% if a Singaporean or Singapore Permanent Resident is deployed, and up to 30% if a foreigner is deployed.

  • Overseas Market Set-up
    • Entity Incorporation
    • Drafting of Agreements
    • Import/Export License
    • Intellectual Property
    • Tax Advisory
    • Trade Credit Insurance
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Process

Who can apply For MRA Grant in Singapore?

  1. Business entity is registered/incorporated in Singapore

  2. New market entry criteria, i.e. target overseas country whereby the applicant has not exceeded S$100,000 in overseas sales in each of the last three preceding years

  3. At least 30% local shareholding

  4. Group Annual Sales Turnover of not more than S$100 million; or Company’s Group Employment Size of not more than 200 employees

SG:Digital Infocomm Media Development Authority Enterprise Singapore

Our solutions

Advisory, Legal and Documentation Services

We provide a customized plan, expert guidance, and market intelligence to help you confidently expand internationally, handling legal processes from IP to licensing and joint ventures.

Business Matching

We identify and connect you with the right overseas partners, from licensees and distributors to joint venture partners, and organize face-to-face meetings for efficient, high-value collaboration.

Overseas Marketing & PR

We build brand awareness for your product overseas through in-store promotions, road shows, pop-up stores, and pitching, shaping the first impression that drives purchase decisions.

Overseas Trade Fairs

We help your brand stand out at foreign trade fairs, from research and show selection to design, construction, and virtual trade fair execution, connecting you with competitors, customers, and partners while building export market visibility.

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See Why Clients Recommend Think SME

It has been a seamless, helpful and quick service from Think SME who helped opening multiple companies. Nick and Yee Lin are super helpful, courteous, customer friendly and quiet patient to answer all my questions & clarify all doubts. I highly recommend Think SME and i have already referred my other business contacts to work with them for their company incorporation as well as managing their corp secretary and annual filing work. Great Job Nick and Yee. Thanks for all your help

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Sandy Elan 2 months ago · via Google

Think SME is a very professional company. Nick is very detailed and patience. He spend time to explain all the legal procedures a Company needs to adhere. During the whole meetup, he never rush through any grounds. Highly recommended if you are a new startup. Even not a new startup, you should consider Think SME.

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Choon Seng Seow 7 months ago · via Google

We've been working with Think SME for our company's accounting and tax matters, and the experience has been excellent from day one. A special mention to Nick, who has been incredibly responsive, knowledgeable, and patient throughout the process. Whether it's tax filing, compliance matters, or answering our day-to-day accounting questions, he always provides clear and practical advice that gives us confidence that everything is being handled properly.

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Joel Ang 3 months ago · via Google

We were looking at refinancing of our loan and gotten the consulting services of Mr Thomas Wee from ThinkSME. Thomas is very experienced and knowledgeable and he helps us to get the best deal possible and guides us through the entire process smoothly. Thanks Thomas for the good job

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Ho Doris 7 months ago · via Google

Evelyn is very helpful and help me with my company matters promptly. Highly recommend Think SME to all SMEs looking for accounting and financial advisory.

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Cynthia Tan 5 months ago · via Google

What You Can Expect

The right funding and the right solution can escalate you to your maximum potential.

  • A team of experts to accompany you in the development of the right strategies for you business
  • Constant search for ways of improving your process
  • Guidance on grant management
  • Full application and project development step by step
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Need help?

Reach out with your requirements, and our experts will be happy to assist you, no commitment, no pressure.

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