Ready to expand your business abroad but held back but the large cost? The Market Readiness Assistance (MRA) Grant by IE Singapore can help you with just that.
Your business can get up to 70% of eligible third-party costs to cover activity such as:
- Overseas market set-up
- Identification of business partners
- Overseas market promotion etc.
- You find the full list of supportable activities here.
Qualifying businesses can get 70% of eligible cost for these activities (capped at $20,000 per company per fiscal year). A maximum of two applications per fiscal year, starting on 1st April and ending 31st March the following year.
Be sure to complete the survey before any submission of claims! Once the application has been approved, the grant amount will be credited directly into the company’s bank account.
To find out more:
You can reach IE Singapore on their hotline: 1800-IESPORE (1800-437 7673) or +65 6337 6628
Or email them here
Click here for a reference list of consultants and legal advisors.
With effect from 1st April 2015, the Panel of Partners for the Market Readiness Assistance Grant Programme will be discontinued. The information on the Partners has been a useful resource for companies since IE Singapore launched the Programme in 1 April 2013. In recognition of the consultants’ contributions and as a reference for companies, we will be maintaining the information on this webpage. The Reference List is not exhaustive and will not be updated. Companies should conduct due diligence prior to engaging any consultant on the List.
ThunderQuote is the “Gebiz for businesses” and most comprehensive business services portal in Singapore, Australia and ASEAN , where hundreds of thousands of dollars of procurement contracts are sourced every month by major companies like Singapore Press Holdings, National Trade Union Congress and more.