MRA Grant – Market Readiness Assistance Grant
In specifically supporting regional or global expansion plans, the MRA grant in Singapore aids in 70% of the costs of activities for SMEs who wish to venture overseas. Other than financial assistance, businesses will also receive support in knowledge and information in their key market interests such as search engine marketing (SEM), global e-commerce directory listings for boosting your business’ visibility, as well as web-based advertising.
The MRA grant will provide support in any one activity (i.e. market entry, participating in a trade fair) per application, and eligible SMEs are allowed a maximum of two applications per fiscal year ( from 1 April to 31 March the following year).
A business to be eligble for the MRA grant application must meet the following criteria:
- A business registered and operating in Singapore
- A business must have a minimum of 30% local shareholding (for selected solutions only)
- A business must have the company’s group annual sales turnover of not more than S$100 million; or employment size of not more than 200 workers
An MRA grant consultant or EDG consultant in Singapore appointed by SPRING Singapore (now known as Enterprise Singapore), a government body supporting enterprise development, is fully capable to provide professional advice for businesses seeking to grow their business operations, either in terms of productivity, innovation or overseas business developments.
Tomorrow Group; with over 10 years of combined experiences in the creative industry posses a dedicated and experienced team of highly conceptual and accomplished designers that delivers outstanding work results for esteem clients. Our service ranges spreads across the creataive spectrum from branding to marketing strategy. Tomorrow Group also helps businesses with professional consultancy services in business strategy and aids businessess to avail branding & marketing grants to help them kickstart their business development plans.
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