Everything You Need to Know About the MRA Grant Singapore in 2024
Small and medium enterprises (SMEs) in Singapore seeking international growth can benefit from the MRA Grant Singapore in 2024. This grant offers support for businesses aiming to expand into overseas markets. By leveraging this assistance, companies can navigate the challenges of international expansion more effectively and tap into new revenue streams. What is the MRA Grant Singapore? The Market Readiness Assistance (MRA) Grant is designed to support Singaporean SMEs in their international expansion efforts. It offers financial assistance for various activities, including market setup, identification of business partners, and overseas market promotion. Eligible expenses cover areas like market feasibility studies, development of business plans, and participation in overseas trade fairs. Benefits of the MRA Grant The grant provides up to 50% funding support for eligible expenses, capped at S$100,000 per company per new market. Eligible expenses include costs for overseas market promot...