If you're a Singaporean SME looking to expand overseas, you've probably heard of the Market Readiness Assistance (MRA) grant. This grant, supported by Enterprise Singapore, aims to help local companies grow their businesses by defraying the costs of overseas market promotion, business development, and set-up. However, there are some common misconceptions about the MRA grant that might be holding you back from applying. One of the most common misconceptions about the MRA grant is that it's only available to large companies. In reality, the grant is open to all local SMEs, provided they meet certain eligibility criteria. Another misconception is that the grant only covers overseas market promotion. While this is one of the activities that the grant can be used for, it can also be used for
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