Market Readiness Assistance Grant

Conquering New Markets

The Market Readiness Assistance (MRA) Grant supports SMEs in their efforts to enter new overseas markets. By offsetting various costs associated with market expansion, the grant makes it easier for businesses to explore and establish a presence in new regions.

Funding Allocation:
SMEs can access up to 50% of eligible costs, with support activities capped at S$100,000 per company per new market.

Market Promotion
Capped at S$20,000 to support promotional activities.

Business Development
Capped at S$50,000 to support business development initiatives.

Market Setup
Capped at S$30,000 to assist with the costs of setting up in a new market.

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