Singapore Market Readiness Assistance (MRA) Grant

Yes, eligible companies may apply for support under both EDG and MRA grant as long as it is not for the same scope of work/services/activities supported.

12 months.

Companies can proceed to sign the contract with the third-party consultant/vendor after submitting the application via Business Grants Portal. Project commencement and completion dates must be in accordance to the project support period stipulated in the Business Grants Portal.

Applications must be made 6 months before the start of the project/activity at the earliest.

Yes, as long as there are legitimate business relationships between your company and the manufacturing base – including but not limited to:

1. Manufacturing base as a wholly-owned entity under Singapore company, or;
2. Manufacturing base as a joint venture with overseas partner, or;
3. Manufacturing base operating as a contract manufacturer.

Please note that only eligible expenses stated in the scope of the MRA Grant are supported. The following expenses are not supported under the MRA Grant (please note that the list below is not exhaustive):

For all scopes:

• Out of pocket expenses (Singapore GST, exchange rate losses, etc.)
• Logistics, airfare, accommodation, in-house manpower, maintenance, security deposit, sales commission and success fees
• Costs charged by other Singapore Government Agencies (e.g. Singapore Customs, IPOS)

Overseas Market Set-up

• Application of work permit/visa
• Appointment letter for employees
• Due diligence conducted on M&A target
• Drafting of rental agreement for residency and office rental
• Drafting of management contracts
• Drafting of sales agreements
• Drafting of franchising and licensing agreements where applicant is franchisee or licensee
• Engagement of HR Recruitment firms and head-hunters
• Product certification costs

Overseas Business Development

• Purchasing/Subscribing to directory listing, databases (including online)
• Costs related to sourcing for suppliers, investors, capital raising, selling of company’s shares

Overseas Market Promotion

• Prototyping
• Production of corporate brochures
• Costs incurred for the purpose of fulfilling contractual obligation with clients
• Costs incurred for in-house PR project executed by the company (e.g. venue booking, F&B and manpower).

Participation in non-LEAD supported tradeshows

• Participation in consumer fairs
• Pull-up banners

The maximum support period for an approved activity is 12 months and companies can take up to a maximum of 3 months to submit its claims upon completion of the activity. Companies with valid reasons may request for an extension from Enterprise Singapore via the BGP before the project end date. The request will be subjected to approval.

For all claims, the companies must appoint an Enterprise Singapore auditor to verify the eligibility, authenticity and accuracy of the items listed in the Statement of Claim. Companies can be eligible for an audit fee grant, capped at S$500 or the prevailing support level of the audit fee as stated in Annex 1 of the Letter of Offer in the Business Grants Portal, whichever is lower.

Companies may be required to submit additional claim documents at the request of the processing officer to substantiate the validity of the approved activities. Please be informed that the list below is non-exhaustive.

Project Scopes

• Deliverables to be provided during claims

Market Entry

• Proof of Intellectual Property (IP) or trademarks that have been filed which includes relevant filing documents submitted to authorities
• Incorporation Certificate
• Copy of permit/licenses/franchise agreement
• Final assessment reports

In-depth FTA consultancy

• Detailed report on assessment of current situation, potential benefits from specific FTA(s), if any, and the related FTA information
• Plans/strategy to leverage on FTAs
• Relevant filing documents submitted to authorities
• Copies of certificates, permits and licenses obtained
• Written ruling / opinion for classification of goods, origin determination of goods and/or Customs valuation
• Standard Operating Procedure manuals
• Copies of certificate/permit/license/official submissions transacted with Customs authorities

Overseas Business Development

• Detailed report on the profile of the potential customers / partners for the company in the selected market and business matching outcomes
• Photocopy of potential customer’s or partner’s name cards

Overseas Market and PR Activities

• Event write-up attached with corresponding materials such as photographs and publicity materials. The write-up should include the number of attendees for the event/campaign and profile of target audience
• Overall roadmap/communications plan of activities that have been completed

Participation in Overseas Trade Fair

• Photographs and exhibitors’ listing which reflects applicant company’s name at the booth
• Event write-up using word document to include 3-4 paragraphs on the environment of the booth, experience as well as how the participation has benefited applicant company