ReplacedGrantOverseas expansion

Market Readiness Assistance Grant (MRA)

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· Last verified 23 Oct 2026

This scheme no longer accepts new applications. It has been replaced by the EDGE Grant.

Grant for business development, promotion and set-up costs when expanding into a new overseas market. It stopped taking new applications on 29 Sep 2026 and has been replaced by the EDGE Grant (Internationalisation).

Support: Up to 70% of eligible costs for local SMEs from 1 Apr 2026 (Budget 2026), previously 50%. Capped at S$100,000 per company per new market, with sub-caps of S$20,000 for overseas market promotion, S$50,000 for business development and S$30,000 for set-up.
Maximum funding: S$100,000
How to apply: Business Grants Portal (BGP)
Apply before starting?: Yes, before any commitment or payment

Recent changes

Replaced by the EDGE Grant (record: edge-grant). Budget 2026 raised SME support to 70% from 1 Apr 2026 (planned until 31 Mar 2029) and planned to extend support to existing markets and to non-SMEs. That plan was delivered through EDGE instead. MRA stopped taking applications on 29 Sep 2026. No new applications are accepted from 30 Sep 2026. Applications submitted before then continue under the original scheme through to claim disbursement.

Who is eligible

Registered and operating in Singapore
At least 30% local shareholding
Group annual turnover of S$100,000,000 or less (for SME support rates)
200 or fewer employees (for SME support rates)
New to the target market: sales there must not have exceeded S$100,000 in any of the preceding 3 years
SME means group turnover up to S$100m OR group headcount up to 200

Quick eligibility check

1. Did you submit your MRA application on or before 29 September 2026?
2. Is your business registered in Singapore with at least 30% local ownership?
3. Is your group turnover S$100m or less, OR your group headcount 200 or less?
4. For a new overseas project, have you checked EDGE Internationalisation instead?

0 of 4 answered.

What it covers

Overseas marketing and PR
Overseas trade fairs (not LEAD-supported)
Overseas partner/B2B customer identification
Outsourced in-market business development
Deploying an employee overseas for business development
Market entry costs (IP, incorporation, licences)

How to apply

Closed to new applications. Use the EDGE Grant (Internationalisation) instead
Existing projects can still claim via BGP

Processing time: unverified

Claims: Claim via BGP when the project is complete. Audit costs are supported at up to 50%, capped at S$500.

Documents you need

ACRA bizfile business profile
Vendor quotations/proposals
Latest financial statements
Proof of past sales in the target market
At claim: invoices, proof of payment, deliverables, audit report

Frequently asked questions

What is the Market Readiness Assistance Grant?

How much funding does MRA give?

Up to 70% of eligible costs for local SMEs from 1 Apr 2026 (Budget 2026), previously 50%. Capped at S$100,000 per company per new market, with sub-caps of S$20,000 for overseas market promotion, S$50,000 for business development and S$30,000 for set-up.

Who is eligible for MRA?

Applicants must be registered and operating in Singapore, have at least 30% local shareholding, have group annual turnover of S$100,000,000 or less (for SME rates), have 200 or fewer employees (for SME rates). New to the target market: sales there must not have exceeded S$100,000 in any of the preceding 3 years SME means group turnover up to S$100m OR group headcount up to 200

How do I apply for MRA?

Apply through Business Grants Portal (BGP). You must apply before the project starts or any payment is made. Processing time: unverified.

What documents do I need for MRA?

ACRA bizfile business profile; Vendor quotations/proposals; Latest financial statements; Proof of past sales in the target market; At claim: invoices, proof of payment, deliverables, audit report.

Sources

Information last verified on 23 Oct 2026. Grant rules change often. Always confirm with Enterprise Singapore before you apply.