Before diving into the MRA application, run through this 2-minute eligibility check.
Budget 2026 Update: MRA support increased from 50% to 70% for SMEs (1 Apr 2026 – 31 Mar 2029). The “new market” requirement will be removed in 2H 2026. Until then, this criterion still applies. See MRA Budget 2026 Changes Explained for full details.
Eligibility Checklist
Company Requirements
- Business registered and operating in SingaporeNot completed
- At least 30% local equity (Singaporeans/PRs)Not completed
- Group annual sales ≤ S$100 million OR ≤ 200 employeesNot completed
Market Requirements
- Target market identifiedNot completed
- Sales in that market < S$100k in each of the past 3 years (note: this 'new market' requirement will be removed in 2H 2026)Not completed
- Clear overseas expansion goalNot completed
Timing Requirements
- Project has NOT started yetNot completed
- No contracts signed with vendorsNot completed
- No payments madeNot completed
- Project start date within 6 monthsNot completed
Document Readiness
- Financial statements for past 3 yearsNot completed
- ACRA bizfile (current)Not completed
- Vendor quotation with cost breakdownNot completed
- Corppass account set upNot completed
Quick Score
- 8/8 checked: You’re ready — start your application
- 6-7 checked: Almost there — address gaps first
- <6 checked: Review requirements before applying
Next Steps
- Apply on Business Grants Portal
- Read: 5 MRA Pitfalls That Get Applications Rejected
- Download: MRA Documents Checklist
Related Guides
-
Grant Pitfalls Guide — common mistakes to avoid
-
Singapore Grants Glossary — key terms and definitions
-
Corppass Setup Guide — how to set up BGP access
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