Covering up to 70% of eligible costs (capped at $100,000 per company per new market), the MRA grant offers funding support to small and medium enterprises (SMEs) looking to finance their overseas expansion projects.
Eligibility
Businesses must meet the following criteria to qualify for the MRA grant:
- A registered business operating in Singapore
- Has a minimum of 30% local shareholding
- Overseas sales not exceeding $100,000 in each of the last three preceding years in the target country
- Group annual sales turnover of not more than $100 million; or employment size of not more than 200 employees
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Be it plans or projects related to your business development digital transformation, our team of professional consultants are here to help you in obtaining and leveraging on government support grants.
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