Grant Consulting
MRA Grant Consulting
What is the MRA Grant?
The Market Readiness Assistance (MRA) Grant is a government-funded initiative by Enterprise Singapore that supports SMEs in their efforts to expand overseas. The grant provides up to 50% funding support, capped at S$100,000 per new market, to help cover costs related to international market entry.
This includes expenses for market research, overseas marketing, trade fairs, IP protection, and business development activities.
At Avant Financing, we provide end-to-end MRA grant advisory — helping SMEs successfully plan and execute global expansion strategies with the right paperwork, consultants, and compliance in place.
Expert Guidance
Tailored financial advice for your business needs.
Wide Access
Connect with multiple top lenders instantly.
Flexible Terms
Customizable loan options that suit you.
What the MRA Grant Covers
The MRA Grant supports a wide range of activities across three key categories:
1. Overseas Market Promotion.
- Participation in trade shows and exhibitions
- In-market branding and advertising
- Marketing collaterals and digital campaigns
2. Overseas Business Development
- Business matching services
- Support for setting up overseas business development offices
- Market entry strategy planning
3. Overseas Market Set-Up
- Legal and advisory costs for market incorporation
- IP and trademark registration
- Drafting of legal contracts or documentation
MRA Grant Eligibility Criteria
To apply for the MRA Grant, your company must:
- Be registered and operating in Singapore
- Have at least 30% local shareholding
- Group annual sales turnover of less than S$100 million OR fewer than 200 employees
- Be venturing into a new overseas market (less than S$100,000 in sales in that market over the last three years)
Each company can apply for support for multiple new markets, but each application must be for one market at a time.
Our MRA Grant Application Process
- Initial Consultation
We assess your business readiness and goals for international expansion - Scope and Planning
Define your market entry strategy and determine which costs qualify for support - Quotation and Documentation
Obtain necessary quotes from vendors and consultants, compile financials and prepare the project proposal - Submission via BGP
Apply through the Business Grants Portal and monitor for updates or clarifications - Implementation and Claims
Assist with project execution and help compile post-project reports and reimbursement claims
Why Choose Avant Financing for MRA Grant Support?
Experienced in Internationalisation Grants
Our consultants are well-versed in MRA requirements and familiar with the types of projects Enterprise Singapore prioritises for funding.
Grant Strategy Alignment
We help you plan a structured expansion plan that aligns with your target market’s potential and MRA’s eligibility criteria.
Certified Consultant Network
We connect you with qualified consultants recognised by Enterprise Singapore to ensure project credibility and compliance.
Streamlined Application Support
From grant scoping to submission, we handle the process efficiently and keep you updated at every step.
Claim Management Support
We also assist with compiling receipts, invoices, and reports necessary for claim reimbursement after project completion.