What is the eligibility criteria for the MRA Grant?
Companies applying for the MRA Grant should meet the following criteria:
- Global HQ anchored in Singapore (Indicators could include the global C-level executives based in Singapore, board meetings held in Singapore, etc)
- Group annual turnover not exceedingS$100 million per annum based on the most recent audited report or group employment not exceeding 200 employees
How is Global HQ assessed?
To qualify for the MRA Grant, the company’s global management control and decision making functions must be based in Singapore. (Indicators could include the global C-level executives being based in Singapore; board meetings are held in Singapore, etc).
Can a company with existing overseas presence or overseas sales apply for the MRA Grant support?
Yes. However, Enterprise Singapore will clarify the rationale for the proposed activities and applications will be assessed on a case-by-case basis.
Can a company still apply for the MRA Grant if the total Group turnover exceeds S$100 million?
No. To be eligible for MRA grant, the total group turnover should be no more than S$100 million.
If both parent company and its subsidiary apply for the MRA Grant, are they subjected to a S$20,000 cap?
The grant cap of S$20,000 is applicable to each unique entity/company per fiscal year. Enterprise Singapore will review the applications based on the applicant company’s internationalisation plans.
Are group applications (two or more companies listed as applicants in one applicant form) for the MRA Grant allowed?
No. Companies seeking group applications can consider applying under the Global Company Partnership (GCP) Grant instead.
Can a director submit MRA Grant applications for multiple companies?
No. Different applications from companies with similar business registration details (including nature of business, address, shareholder/directorship, etc.) will be treated as connected enterprises, and will be subjected to the cumulative grant ceiling of S$20,000 per fiscal year.
Can sole proprietors and partnerships apply for the MRA Grant?
Yes. However, Enterprise Singapore will clarify the overseas expansion plans for sole proprietors and partnerships, and applications will be assessed on a case-by-case basis.
Can a company enjoy the MRA Grant in addition to financial schemes from other government agencies?
No, companies are not allowed to apply for the MRA Grant after they have received grant approvals on the same eligible expenses or events from other government agencies.
Can a company tap on both the Global Company Partnership (GCP) Grant and MRA Grant support concurrently?
Yes, eligible companies may apply for support under both GCP and MRA Grants as long as it is not for the same scope of work, services or activities supported.
Can a company apply for Double Tax Deduction on the same expenses supported by MRA Grant?
Yes. Qualifying expenses will be computed net of any grant or subsidy from the Government or statutory boards.
Can a company submit more than two applications even though S$20,000 has not been utilised?
No. The maximum number of applications allowed is two per fiscal year. The grant cap of S$20,000 is based on approved amount and not on unutilised amount.
If a company only utilised S$10,000 of grant support, can they carry forward the unutilised S$10,000 to the next fiscal year?
No. Each eligible company will start with S$20,000 at the beginning of each new fiscal year (1 April of current year to 31 March of the next year).
What does a retrospective application mean?
An application is deemed to be retrospective if any of the following events took place before submission via Business Grants Portal:
- Made a payment including initial deposit to the consultant/third-party vendor
- Signed the contractual agreement/purchase order with the consultant/third-party vendor
- Commenced the project with the consultant/third-party vendor
Project commencement and completion dates must be in accordance to the project support period stipulated in the Business Grants Portal.
The only exception will be for ‘Participation in non-iMAP supported overseas trade fairs’. Companies may proceed with the following considerations based on the need to secure advance booth space and a longer preparation time:
- Make payment including initial deposit to the show organiser/third-party vendor;
- Sign contractual agreement/rental agreement/purchase order with the show organiser/third-party vendor
Companies will have to submit the application before the commencement date of the trade fair.
Can a company apply for a scope of work that it has internal capabilities for and is providing as a service to their clients?
No. Enterprise Singapore’s MRA Grant supports eligible third-party costs for activities and services that Singapore SMEs do not already possess in-house.
If Singapore is a target market, is the activity still eligible for MRA Grant?
The MRA Grant is meant to defray companies’ costs when they venture overseas. Activities intended for Singapore will not be supported.
Under what circumstances will applications be rejected?
The following list is non-exhaustive:
- A company which does not meet the eligibility criteria: Global HQ anchored in Singapore and Group annual turnover not exceedingS$100 million per annum based on the most recent audited report or group employment not exceeding 200 employees
- A company holding a shell business registration or has its main business operation outside Singapore
- A non-profit organisation
- A company seeking support for the purpose of fundraising or increasing of domestic sales