Budget 2026 Update: MRA Grant support increased to 70% for SMEs from 1 April 2026! Learn more →

Check Your MRA Grant Eligibility

Answer 5 quick questions to see if your Singapore company qualifies for government funding support

Interactive Eligibility Checker

Let's determine if you're eligible. This quick assessment takes just 2 minutes to complete.

1. Is your company registered and operating in Singapore?

2. Does your company have at least 30% local equity held by Singapore Citizens or PRs?

3. Is your company an SME?

Annual group revenue under S$100M OR fewer than 200 employees

4. Are you entering a new overseas market, or have sales been under S$100K in that market for each of the past 3 years?

5. Is your planned activity related to overseas market promotion, business development, or market setup?

Detailed Eligibility Requirements

Let's dive deeper into each requirement so you understand exactly what qualifies

Singapore Registration & Local Equity

Your company must be registered in Singapore and have at least 30% equity held by Singapore Citizens or Singapore Permanent Residents. This requirement ensures the grant supports genuine Singapore-based businesses.

  • Must be incorporated in Singapore with a valid ACRA registration
  • At least 30% shareholding by Singapore Citizens or PRs
  • Must actively operate a business in Singapore

SME Status

Your company must qualify as an SME. The definition is generous: if you have annual group revenue under S$100 million OR fewer than 200 employees, you're an SME for MRA purposes.

  • Annual group turnover: Less than S$100 million
  • OR total number of employees: Fewer than 200
  • Only one of these conditions needs to be met
  • Non-SMEs can still apply but receive 50% support instead of 70%

New Market or Early Stage

You must be either entering a completely new market where you have no presence, or the target market must show early-stage potential with sales under S$100K annually for the past 3 years.

  • New market: No prior operations or revenue in the country
  • Early stage: Annual sales under S$100,000 for EACH of the past 3 years
  • If sales exceeded S$100K in any year, it no longer qualifies as early-stage
  • The grant helps you push past this threshold

Eligible Activities

Your planned activity must fall into one of three categories recognized by Enterprise Singapore. These are designed to help you enter and develop overseas markets strategically.

  • Market Promotion: Trade shows, exhibitions, digital marketing, PR, pop-up stores (up to S$20K)
  • Business Development: Market research, feasibility studies, business matching, partnerships (up to S$50K)
  • Market Setup: Company registration, IP protection, legal compliance, tax structuring, office setup (up to S$30K)

What's NOT Eligible

Be aware of activities and costs that fall outside the MRA Grant scope:

  • Employee salaries and payroll costs
  • Travel and accommodation for business trips
  • Physical equipment, machinery, and capital goods
  • Retrospective claims (must apply before spending)
  • Domestic Singapore-based activities
  • Excess office space beyond project needs
  • Personal expenses or benefits

Common Eligibility Questions

Answers to the most frequent questions we hear about eligibility

Can non-SMEs apply for the MRA Grant?

Yes! Non-SMEs (large enterprises) can still apply, but they receive up to 50% funding support instead of 70%. All other eligibility criteria remain the same. This makes it a strong option for larger companies looking to expand overseas with reduced capital burden.

Do I need to apply before spending, or can I get retrospective funding?

You must apply BEFORE incurring costs. The MRA Grant does not support retrospective claims. Plan your overseas expansion activity, submit your application and get approval first, then proceed with spending. This protects you and ensures proper documentation.

What if my company has multiple markets — can I get funding for several?

Absolutely! The MRA Grant allows you to develop multiple markets simultaneously. Each market can have its own funding allocation up to the category caps. You're not limited to one market at a time.

How is "30% local equity" calculated?

Local equity means shareholding held by Singapore Citizens or Singapore Permanent Residents. It's calculated based on your company's share capital structure. If you're unsure, check your company's register of members or consult your accountant.

If we don't qualify now, can we reapply in the future?

Definitely! Eligibility can change. For example, if your company was previously not SME-qualified due to revenue, reaching a lower threshold would change that. You can reapply whenever your circumstances change and you meet the criteria.

What documentation do I need to prove I'm an SME?

You'll typically need to provide audited financial statements (last 1-2 years) showing revenue and employee headcount. For smaller companies, management accounts may suffice. Have these ready when preparing your application.

Ready to Get Started?

If you've confirmed your eligibility, here's what to do next

1

Gather Your Documents

Prepare company registration documents, audited financial statements, and details of your planned overseas activity.

2

Plan Your Activity

Define your market, identify which funding category your activity falls into, and estimate your costs.

3

Submit Application

Submit through Enterprise Singapore or with support from an approved consultant like us.

4

Get Approved

Once approved, execute your activity and submit claims for reimbursement — it's that simple!

Need help with your application? We've guided over 100+ Singapore companies through the process.

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