From 1 April 2026 Enterprise Singapore enhanced Market Readiness Assistance (MRA) support for SMEs to up to 70% (from 50%), with the S$100,000 grant cap extended until 31 March 2029. From the second half of 2026 MRA also covers deepening activities in existing overseas markets and expands eligibility to local non-SMEs at up to 50% support.
Home › Founders News › Taxes & Grants
Singapore raises Market Readiness Assistance grant to 70% for SMEs going overseas
Why this matters for founders
Founders expanding abroad can now recover up to 70% of eligible overseas setup, market-entry and business-matching costs, cutting the cash cost of a first international push through 2029.
Related updates
More that helps you.
Singapore to launch EDGE grant in H2 2026, merging EDG, PSG and MRA
Announced in Budget 2026 (delivered 12 Feb 2026), EnterpriseSG will consolidate the Enterprise Development Grant (EDG), Productivity Solutions Grant (PSG) and Market Readiness Assi…
Region Stockholm affarsutvecklingscheckar open Sept 7 to 27, 2026: up to SEK 200,000
Region Stockholm's 2026 business development checks (affarsutvecklingscheckar) are open for applications from 7 to 27 September 2026. SMEs can apply for SEK 50,000 to SEK 200,000,…
IRAS EIS guide adds 400% tax deduction on AI spend for YA 2027 and 2028
IRAS published its updated Enterprise Innovation Scheme e-Tax Guide on 31 Aug 2026, formalising a Budget 2026 change that grants a 400% tax deduction on up to S$50,000 of qualifyin…
China adds 1-point interest subsidy on new small-business working-capital loans
On Aug 27, 2026, Xinhua reported that China's six major state-owned banks plus roughly 400 total institutions (21 nationwide banks and qualified local lenders) began implementing a…
Get briefs like this tuned to you.
In the app, Founder Briefs are personalized to your country, industry and stage, and you can save the ones that matter.
See plans →
Keep exploring
Related across the site
Case studyHoward SchultzStarbucksCase studyJeff BezosAmazonCase studyRay KrocMcDonald'sChecklistHire an accountant that saves you moneyChoose between a CPA, an EA, and a bookkeeper, hire with confidence, and build a quarterly rhythm that catches tax savings before deadlines hit.ChecklistSet up business banking the right wayOpen the right business bank account, route every dollar through it, and build the bookkeeping and tax habits that keep your finances clean from day one.ChecklistSet up QuickBooks for stress-free booksSet up QuickBooks Online the right way once: bank feeds, rules, invoicing, and a monthly routine that keeps your books clean without a bookkeeper on payroll.