Latest Information

March 2026

Budget 2026: MRA Grant Support Increased to 70%

The Singapore government announced enhanced support for the MRA Grant, increasing co-funding to 70% for SMEs from 1 April 2026 to 31 March 2029. The S$100,000 enhanced grant cap will also be extended.

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March 2026

MRA Grant to Support Existing Markets from 2H 2026

From the second half of 2026, the requirement for companies to be new to a target overseas market will be removed. Businesses can now deepen their presence in existing markets.

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March 2026

Double Tax Deduction for Internationalisation (DTDi) Enhanced

The DTDi cap increases from S$150,000 to S$400,000 from YA 2027. More qualifying activities eligible for automatic claims.

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March 2026

Enterprise Financing Scheme Expanded

From 1 April 2026, maximum facility increased to S$50 million per borrower group. Scheme now supports domestic and overseas M&A activities.

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March 2026

PSG Grant Expanded for AI Solutions

The Productivity Solutions Grant now supports more digital and AI-enabled solutions to help firms work smarter.

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February 2026

Enterprise Innovation Scheme Strengthened

AI expenditures now a qualifying activity for YA 2027 and YA 2028, capped at S$50,000 per YA under the Enterprise Innovation Scheme (EIS).

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