Qualified SMEs - Market Readiness Assistance (MRA)
Qualified SMEs - Market Readiness Assistance (MRA)
To assist Singapore's SMEs in increasing their visibility on the international market, the government established the Market Readiness Assistance (MRA) award. In order to provide your company a swift worldwide boost, International Enterprise (IE) Singapore developed and made the MRA Grant available.
The following assistance will be given to qualified SMEs:
Up to 70% of allowable expenses, or S$100,000 per company per new market*, would be paid from 1 April 2020 to 31 March 2023. These expenses comprise:
- Market expansion overseas
- Growing an international business
- Opening a foreign market
In order to help clients successfully navigate the complex, multi-layered process and save them valuable time and effort, Mayuresh provides them with specialist MRA grant counseling.