Market Readiness Assistance Grant (MRA)
Market Readiness Assistance Grant (MRA)
Empowering Business Synergy in Southeast Asia
Join the ranks of successful brands like Love, Bonito.
Expand to Indonesia, Vietnam, Malaysia, & Laos
Are you a business in Singapore looking to expand your horizons? The MRA Grant Singapore is here to help you take that leap! With the Market Readiness Assistance Grant, you can get the access that supports your journey into new overseas markets. The business expansion grants Singapore offer up to 50% subsidy on eligible costs, making it easier for you to explore new markets without the financial strain. Whether you’re a startup or an established SME, this grant is designed to empower you with the resources you need to thrive internationally.
Discover Lucrative Opportunities In Southeast Asia With Bizsquare!
- Have you achieved success in the Singapore market but are hungry for more growth and opportunities?
- Do you recognize the immense market demand for your products or services in Indonesia?
Connect Your Business To Opportunities In Southeast Asia
Bizsquare is here to help Singaporean businesses unlock growth opportunities in Indonesia, Vietnam, Malaysia, & Laos.
Leverage our expertise and experience to establish a strong local presence and build key partnerships for success in Southeast Asia. Our business matching and market entry services provide valuable insights and strategic guidance to position your business for success.
Expand your horizons! Take the leap into the overseas market with confidence.
Benefits Of Expanding To Southeast Asia
- Diversification of revenue streams in a rapidly growing market
- Leverage on the “Singapore” brand premium and enhance your brand
- Optimize your cost structure and achieve greater profitability.
the wall or redefining the problem.”
– Tim Cook
World’s 5th Largest Economy
Home to over 680 million people and a combined GDP exceeding $3.6 trillion
Expanding Middle Class
An emerging middle class of over 350 million by 2030
Rapid Economic Growth
Average annual GDP growth rate of 5%, the region is among the fastest-growing globally
Diverse, Young Demographics
Over 50% of the population is under 30, creating a dynamic workforce and a large, tech-savvy consumer base
Expanding your Singapore SME to Indonesia, Vietnam, Malaysia, or Laos? Don’t navigate the market alone.
We understand that navigating a new market can be daunting, but with our expertise…
Say goodbye to uncertainty And…
HELLO to growth!
EXPERT GUIDANCE
AND SUPPORT
|
Management Consulting (PMC) Leadership
|
Comprehensive market insights and analysis
SOLID INDONESIA & SINGAPORE TEAM
|
Dedicated Local Support
|
In-depth knowledge
regulatory landscape
|
WELL-DIVERSED EXPERTISE WITH NICHE SPECIALIZATION
|
Industry-specific support and guidance
|
Tailored matching solutions
CATERED TO SME
|
seeking growth beyond
Singapore
|
Streamlined process to save you time and resources
|
MRA Grant application advisory
MRA Grant
The Market Readiness Assistance (MRA) Grant Singapore is designed to assist small and medium enterprises (SMEs) with funding for eligible costs incurred during overseas business development, helping you overcome financial barriers and maximize growth opportunities.
The Market Readiness Assistance (MRA) Grant Singapore stands as a testament to the nation’s commitment to nurturing its enterprises into global contenders. Tailored to cater to the unique challenges of international expansion, the MRA Grant offers a comprehensive package of support, encompassing financial aid, strategic guidance, and valuable market insights. Through this initiative, eligible businesses gain the means to conduct feasibility studies, attend international trade fairs, and forge crucial partnerships, all of which are instrumental in propelling their products and services onto the international stage. By alleviating the financial barriers associated with market entry, MRA empowers Singaporean companies to venture into new territories, diversify revenue streams, and establish a formidable presence in the global marketplace, ultimately contributing to the nation’s economic vibrancy and prominence on a global scale.
The grant is up to 50% of eligible costs incurred for overseas business development (capped at $50,000).
Bizsquare Business Matching
Let Us Be Your Trusted Partner In Unlocking Your Success.
With our expertise and support, you can leave the guesswork behind and you can navigate the complexities of entering Southeast Asia with confidence. Let’s work together and make your expansion dreams a reality.
EFFICIENT TARGETING
Connect with Bizsquare curated list of pre-screened partners or clients who align with your business objectives, saving time and effort.
EXPANDED NETWORK
Connect with industry players and experts,opening doors to new opportunities and collaborations
INCREASED SUCCESS RATE
Find mutually beneficial partnerships and increase the success rate of your business endeavors.
Filing and registration
of representative offices
and other legal agreements
MARKET ENTRY
Equity entity, intellectual
property search, license
application
Import & export license
application
Conducting market research
BUSINESS MATCHING
Connecting synergistic
collaborations
Facilitating negotiation
for collaboration
Frequently Asked Questions
Eligibility criteria for the MRA Grant include
- 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
Companies have the flexibility to engage their preferred consultants or service providers.
There are no pre-approved vendors for this grant (except those on EnterpriseSG’s list of FTA and Trade Compliance consultants).
All MRA claims are subject to audit, by an auditor from EnterpriseSG’s Pre-Qualified Panel.
Want to work with the Business Consultant who doesn't get paid until we deliver results?
We're the company you don't want your competitors to work with.
Because we deliver.
Every time.
Our Singapore Office
+65 9183 4413
admin@bizsquare.com.sg
62 Ubi Road 1,
Oxley Bizhub 2 #08-06,
Singapore 408734
Our Indonesia Office
+62 812 8141 0495
