From 1 April 2026, SMEs can receive up to 70% support under the enhanced Market Readiness Assistance (MRA) Grant to expand overseas, capped at S$100,000 per new market. This is part of the Singapore government's commitment to helping businesses compete globally.
Enterprise Singapore offers multiple grant schemes designed to support SMEs in their business expansion, digital transformation, and innovation initiatives. Understanding which grant is right for your business is the first step toward growth.
Each grant serves a distinct purpose in supporting your business journey. Explore the options below to find the best fit.
Expand your business to new overseas markets with up to 70% support from April 2026. The MRA Grant covers overseas marketing, business development, trade fairs, and market entry activities, capped at S$100,000 per new market.
Upgrade, innovate, and grow your business with up to 50% support for SMEs. EDG supports projects across three pillars: Core Capabilities, Innovation and Productivity, and Market Access.
Adopt pre-approved IT solutions, equipment, and consultancy services with up to 50% support. PSG is capped at S$30,000 per company per financial year and covers a wide range of digital solutions.
| Feature | MRA Grant | EDG Grant | PSG Grant |
|---|---|---|---|
| Purpose | Overseas market expansion | Business upgrading, innovation | IT solutions and equipment |
| Max Support (SME) | Up to 70% (from Apr 2026) | Up to 50% | Up to 50% |
| Grant Cap | S$100,000 per new market | No fixed cap | S$30,000 per year |
| Processing Time | Varies | 4 to 12 weeks | Approximately 6 weeks |
| Application Portal | Business Grants Portal | Business Grants Portal | Business Grants Portal |
Our consultants help you navigate the grant landscape, prepare compelling applications, and maximise your funding.
Our consultants possess deep knowledge of MRA, EDG, and PSG requirements, ensuring your application meets all criteria for approval.
Benefit from proven strategies and industry expertise that significantly improve your chances of grant approval.
From initial eligibility assessment to final claims submission, we support you through every stage of your grant journey.
We structure your projects strategically to ensure you qualify for the maximum level of grant support available.
Our straightforward three-step process makes accessing government grants simple and efficient.
Schedule a no-obligation meeting with our consultants to discuss your business needs, growth objectives, and eligibility for the various government grants available.
Our team prepares a comprehensive grant application tailored to your business, including project proposals, financial projections, and all required documentation for submission via the Business Grants Portal.
Once approved, we guide you through project execution, milestone tracking, and claims submission to ensure you receive the full grant disbursement you are entitled to.
The Singapore government has announced significant enhancements to support SMEs in their growth journey.
From 1 April 2026 to 31 March 2029, SMEs can receive up to 70% support under the MRA Grant, up from the current 50%. The S$100,000 enhanced grant cap per new market will also be extended.
From the second half of 2026, the requirement for companies to be "new to target overseas market" will be removed. Businesses can now use MRA to deepen their presence in markets where they already operate.
The Double Tax Deduction for Internationalisation (DTDi) cap will increase from S$150,000 to S$400,000 from Year of Assessment 2027, with more qualifying activities eligible for automatic claims.
From 1 April 2026, companies can access up to S$50 million per borrower group across Enterprise Financing Scheme facilities, with expanded support for M&A activities.
Connect with an EDGE consultant today and discover which government grants your business qualifies for. Our initial consultation is free and without obligation.
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