Market Readiness Assistance Grant
Up to 70% Market Readiness Assistance (MRA) funding for your overseas market promotion, overseas business development and overseas market set-up projects.
Supported by Enterprise Singapore
Helping Businesses Transform With MRA Funding
The Market Readiness Assistance (MRA) with its MRA Funding boosts Singapore companies and helps with international expansion. The grant aims to support Singapore’s SMEs to expand their businesses into international markets.
As announced by Enterprise Singapore, the MRA Grant support level of up to 70% will be extended until 31 Mar 2023.
At VK Transformation (VKT), we strive to help Singapore-based SMEs and large enterprises with business transformation, strategic branding, and marketing and internationalisation or market expansion. Our Market Readiness Assistance (MRA) certified practising management consultant is a digital marketing, brand, and sales specialist who provides MRA Consulting.
What It Takes to Qualify
Registered / Incorporated in Singapore
New Market Criteria*
30% Local Shareholding
Group Annual Sales Turnover: < S$100mil
Company Size: < 200 employees
*< S$100,000 annual sales in each of the past 3 preceding years
SMEs can qualify and will be eligible for MRA grant if they are:
What Is The Advantage
Overseas market promotion (capped S$20,000)
Overseas business development (capped S$50,000)
Overseas market set-up (capped S$30,000)
Grow and transform your business with MRA grant, by working with us
Defrayment of costs of the project for up to 70% of eligible cost (capped at $100,000 per company per new market) from 1 April 2020 to 31 March 2023 that covers:
Why Choose VKT as your MRA Partner?
VK Transformation is a
full-fledge consulting & digital marketing agency that brings together Strategy, Branding and Performance Marketing expertise to help you achieve your desired business growth
Our team of MRA certified consultants, experienced and certified marketers, strategists, graphic designers, and trainers will help your business engage better with your target audience, accelerate traffic, sales and revenue growth
Our business experience across the Asia Pacific region will help you with market expansion or internationalisation
Our diverse experience in strategy and execution for digital transformation, business model innovation, brand & marketing strategic development projects across B2B and B2C businesses from multiple industries will provide cross-pollination and
Frequently Asked Questions for MRA Grant
Ready to Transform Your Business Today and Achieve Desired Revenue Growth?
If you are looking to expand your business internationally beyond Singapore's borders, the MRA grant coupled with VKT's expertise and professional MRA grant advice is a great way for your business to leverage the advantages of digital marketing.
Contact us today to find the best solution for your business!