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GOVERNMENT DEVELOPMENT ASSISTANCE PROGRAMMES 31
PROGRAMMES
2. Market Readiness Assistance (MRA)
DESCRIPTION
Small and medium enterprises (SMEs) will receive an international boost with the Market Readiness Assistance (MRA) grant to help take your business overseas. Eligible SMEs will receive the following support:
• Up to 70% of eligible costs, capped at 20K per company per fiscal year that
covers:
• Maximum of two applications per fiscal year, starting 1 April and ending 31
March the following year
• Limited to one activity (e.g. market entry, or participation in a trade fair) per
application
Eligibility
• Companies should meet the following criteria:
• Business entity is registered/incorporated in Singapore
• At least 30% local share holding
• Group annual turnover not exceeding S$100 million per annum based on
the most recent audited report, or group employment not exceeding 200 employees
ADMIN AGENCY
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