{"id":1,"date":"2025-08-28T10:22:35","date_gmt":"2025-08-28T10:22:35","guid":{"rendered":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/uat.pscentre.com.sg\/?p=1"},"modified":"2025-09-05T23:30:34","modified_gmt":"2025-09-05T15:30:34","slug":"mra-grant","status":"publish","type":"post","link":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/pscentre.com.sg\/mra-grant\/","title":{"rendered":"Overview of the MRA Grant"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1\" class=\"elementor elementor-1\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5b6b272e e-flex e-con-boxed e-con e-parent\" data-id=\"5b6b272e\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5d44b4d elementor-widget elementor-widget-text-editor\" data-id=\"5d44b4d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p data-start=\"222\" data-end=\"572\">The <strong data-start=\"226\" data-end=\"239\">MRA Grant<\/strong> supports Singapore-based companies\u2014especially SMEs\u2014in expanding into <em data-start=\"309\" data-end=\"331\">new overseas markets<\/em> by subsidizing your costs in three key areas: <strong data-start=\"378\" data-end=\"398\">market promotion<\/strong>, <strong data-start=\"400\" data-end=\"424\">business development<\/strong>, and <strong data-start=\"430\" data-end=\"446\">market setup<\/strong>. It offers up to <strong data-start=\"464\" data-end=\"482\">50% co-funding<\/strong>, capped at <strong data-start=\"494\" data-end=\"534\">S$100,000 per company per new market<\/strong>.<\/p><h3 data-start=\"574\" data-end=\"602\">Three Pillars of Support<\/h3><ol data-start=\"603\" data-end=\"802\"><li data-start=\"603\" data-end=\"656\"><p data-start=\"606\" data-end=\"656\"><strong data-start=\"606\" data-end=\"635\">Overseas Market Promotion<\/strong> \u2013 up to <strong data-start=\"644\" data-end=\"656\">S$20,000<\/strong><\/p><\/li><li data-start=\"657\" data-end=\"714\"><p data-start=\"660\" data-end=\"714\"><strong data-start=\"660\" data-end=\"693\">Overseas Business Development<\/strong> \u2013 up to <strong data-start=\"702\" data-end=\"714\">S$50,000<\/strong><\/p><\/li><li data-start=\"715\" data-end=\"802\"><p data-start=\"718\" data-end=\"802\"><strong data-start=\"718\" data-end=\"744\">Overseas Market Set-Up<\/strong> \u2013 up to <strong data-start=\"753\" data-end=\"765\">S$30,000<\/strong><\/p><\/li><\/ol><p data-start=\"804\" data-end=\"987\">You may only apply for <strong data-start=\"827\" data-end=\"859\">one activity per application<\/strong>, in a <strong data-start=\"866\" data-end=\"896\">single new overseas market<\/strong>, and projects must be completed within <strong data-start=\"936\" data-end=\"949\">12 months<\/strong>.<\/p><hr data-start=\"989\" data-end=\"992\" \/><h2 data-start=\"994\" data-end=\"1018\">Eligibility Criteria<\/h2><p data-start=\"1020\" data-end=\"1031\">To qualify:<\/p><ul data-start=\"1032\" data-end=\"1537\"><li data-start=\"1032\" data-end=\"1097\"><p data-start=\"1034\" data-end=\"1097\">The business must be <strong data-start=\"1055\" data-end=\"1096\">registered and operating in Singapore<\/strong>.<\/p><\/li><li data-start=\"1098\" data-end=\"1212\"><p data-start=\"1100\" data-end=\"1212\">Must have <strong data-start=\"1110\" data-end=\"1138\">\u2265 30% local shareholding<\/strong> (held by Singapore Citizens or PRs)<\/p><\/li><li data-start=\"1213\" data-end=\"1385\"><p data-start=\"1215\" data-end=\"1385\">Must be <strong data-start=\"1223\" data-end=\"1253\">\u201cnew to the target market\u201d<\/strong>, meaning sales in that country have <strong data-start=\"1290\" data-end=\"1347\">not exceeded S$100,000 in any of the past three years<\/strong><\/p><\/li><li data-start=\"1386\" data-end=\"1537\"><p data-start=\"1388\" data-end=\"1537\">Must meet the SME threshold: <strong data-start=\"1417\" data-end=\"1458\">Group annual turnover \u2264 S$100 million<\/strong>, or <strong data-start=\"1463\" data-end=\"1499\">group employment \u2264 200 employees<\/strong><\/p><\/li><\/ul><p data-start=\"1539\" data-end=\"1572\"><strong data-start=\"1539\" data-end=\"1572\">Additional eligibility notes:<\/strong><\/p><ul data-start=\"1573\" data-end=\"2563\"><li data-start=\"1573\" data-end=\"1747\"><p data-start=\"1575\" data-end=\"1747\">Applications are <strong data-start=\"1592\" data-end=\"1613\">not retrospective<\/strong>\u2014your project must not have started, had payments made, or contracts signed <strong data-start=\"1689\" data-end=\"1699\">before<\/strong> you apply<\/p><\/li><li data-start=\"1748\" data-end=\"1887\"><p data-start=\"1750\" data-end=\"1887\">You <strong data-start=\"1754\" data-end=\"1801\">can apply for multiple markets concurrently<\/strong>, if each market meets the \u201cnew market\u201d<\/p><\/li><li data-start=\"1888\" data-end=\"2038\"><p data-start=\"1890\" data-end=\"2038\">The <strong data-start=\"1894\" data-end=\"1911\">S$100,000 cap<\/strong> applies per company (including related entities); connected companies are treated as one<\/p><\/li><li data-start=\"2039\" data-end=\"2194\"><p data-start=\"2041\" data-end=\"2194\"><strong data-start=\"2041\" data-end=\"2135\">Non-profit entities, venture capital firms, holding companies, and government subsidiaries<\/strong> are <strong data-start=\"2140\" data-end=\"2156\">not eligible<\/strong><\/p><\/li><li data-start=\"2195\" data-end=\"2390\"><p data-start=\"2197\" data-end=\"2390\">You <strong data-start=\"2201\" data-end=\"2241\">cannot apply for overlapping funding<\/strong>\u2014e.g., the same expense can\u2019t be co-funded by both MRA and WSG\u2019s support or the same activity scope under EDG<\/p><\/li><li data-start=\"2391\" data-end=\"2563\"><p data-start=\"2393\" data-end=\"2563\">However, you <em data-start=\"2406\" data-end=\"2411\">can<\/em> claim <strong data-start=\"2418\" data-end=\"2474\">Double Tax Deduction for Internationalisation (DTDi)<\/strong> on eligible costs, after netting out MRA funding<\/p><\/li><\/ul><hr data-start=\"2565\" data-end=\"2568\" \/><h2 data-start=\"2570\" data-end=\"2604\">Application Process &amp; Claiming<\/h2><ol data-start=\"2606\" data-end=\"4197\"><li data-start=\"2606\" data-end=\"3154\"><p data-start=\"2609\" data-end=\"2629\"><strong data-start=\"2609\" data-end=\"2628\">Before applying<\/strong>:<\/p><ul data-start=\"2633\" data-end=\"3154\"><li data-start=\"2633\" data-end=\"2784\"><p data-start=\"2635\" data-end=\"2784\">Choose your <em data-start=\"2647\" data-end=\"2662\">target market<\/em>, <em data-start=\"2664\" data-end=\"2674\">activity<\/em>, and <em data-start=\"2680\" data-end=\"2688\">vendor<\/em> (except for the \u201cOverseas Marketing Presence\u201d activity)<\/p><\/li><li data-start=\"2788\" data-end=\"2903\"><p data-start=\"2790\" data-end=\"2903\">Applications must be made <strong data-start=\"2816\" data-end=\"2863\">within 6 months before project commencement<\/strong><\/p><\/li><li data-start=\"2907\" data-end=\"3050\"><p data-start=\"2909\" data-end=\"3050\">Prepare required documents: <strong data-start=\"2937\" data-end=\"2961\">financial statements<\/strong>, <strong data-start=\"2963\" data-end=\"2984\">vendor quotations<\/strong>, <strong data-start=\"2986\" data-end=\"3010\">project deliverables<\/strong><\/p><\/li><li data-start=\"3054\" data-end=\"3154\"><p data-start=\"3056\" data-end=\"3154\">Submit via the <strong data-start=\"3071\" data-end=\"3097\">Business Grants Portal<\/strong> (using CorpPass)<\/p><\/li><\/ul><\/li><li data-start=\"3156\" data-end=\"3480\"><p data-start=\"3159\" data-end=\"3185\"><strong data-start=\"3159\" data-end=\"3184\">During\/After approval<\/strong>:<\/p><ul data-start=\"3189\" data-end=\"3480\"><li data-start=\"3189\" data-end=\"3480\"><p data-start=\"3191\" data-end=\"3480\">You may sign contracts and commence work <em data-start=\"3232\" data-end=\"3262\">after application submission<\/em> (except for most cases\u2014there is an exception for trade fairs, which allow contracts or deposits beforehand, but application must still be submitted before the trade fair starts)<\/p><\/li><\/ul><\/li><li data-start=\"3482\" data-end=\"4197\"><p data-start=\"3485\" data-end=\"3506\"><strong data-start=\"3485\" data-end=\"3505\">Claim submission<\/strong>:<\/p><ul data-start=\"3510\" data-end=\"4197\"><li data-start=\"3510\" data-end=\"3675\"><p data-start=\"3512\" data-end=\"3675\">Claims must demonstrate that project deliverables are fully met and must be filed <strong data-start=\"3594\" data-end=\"3635\">within 3 months of project completion<\/strong><\/p><\/li><li data-start=\"3679\" data-end=\"3856\"><p data-start=\"3681\" data-end=\"3856\">Use <strong data-start=\"3685\" data-end=\"3705\">PayNow Corporate<\/strong> (recommended) to receive disbursements within ~14 days after approval, or <strong data-start=\"3780\" data-end=\"3788\">GIRO<\/strong>, which takes up to ~8 weeks<\/p><\/li><li data-start=\"3860\" data-end=\"4005\"><p data-start=\"3862\" data-end=\"4005\">Required documents include <strong data-start=\"3889\" data-end=\"3911\">Statement of Claim<\/strong>, <strong data-start=\"3913\" data-end=\"3933\">Auditor\u2019s Report<\/strong>, and all proofs of deliverables<\/p><\/li><li data-start=\"4009\" data-end=\"4197\"><p data-start=\"4011\" data-end=\"4197\">You may submit <strong data-start=\"4026\" data-end=\"4045\">change requests<\/strong> (e.g., to adjust dates or project costs) via the portal, as long as the claim isn\u2019t lapsed or already disbursed<\/p><\/li><\/ul><\/li><\/ol><p><!-- \/wp:paragraph --><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The MRA Grant supports Singapore-based companies\u2014especially SMEs\u2014in expanding into new overseas markets by subsidizing your costs in three key areas: market<\/p>\n","protected":false},"author":1,"featured_media":500,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO 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