Singapore SME Export 2026: ESG Grants & MRA

## Export Support for Singapore SMEs in 2026 ### Market Readiness Assistance (MRA)

Short answer: The MRA grant provides up to SGD 100,000 per company per new market to support Singapore SMEs in their export activities.

The Market Readiness Assistance (MRA) grant is a key initiative by Enterprise Singapore designed to help SMEs defray costs associated with international expansion. As of 2026, the MRA grant offers up to SGD 100,000 per company for each new market entry, covering up to 70% of eligible costs. These costs include overseas market promotion, business development, and market setup. For more detailed information, SMEs can visit the official Enterprise Singapore MRA page: [Enterprise Singapore MRA](https://www.enterprisesg.gov.sg/financial-assistance/grants/for-local-companies/market-readiness-assistance-grant). ### Enterprise Development Grant (EDG)

Short answer: The EDG provides up to 50% co-funding for projects that help Singapore SMEs grow and transform their businesses.

The Enterprise Development Grant (EDG) supports Singapore SMEs in their efforts to upgrade, innovate, and venture overseas. In 2026, the EDG continues to offer up to 50% co-funding for qualifying projects. This grant is particularly beneficial for SMEs looking to improve their business capabilities, innovate products or services, and expand into international markets. For more information, visit the official EDG page: [Enterprise Singapore EDG](https://www.enterprisesg.gov.sg/financial-assistance/grants/for-local-companies/enterprise-development-grant). ### Global Company Partnership Grant

Short answer: The Global Company Partnership grant supports Singapore SMEs in building capabilities for international growth.

The Global Company Partnership (GCP) grant is another initiative by Enterprise Singapore aimed at helping SMEs enhance their global competitiveness. This grant focuses on capability building, market access, and manpower development, providing financial assistance for international expansion strategies. For more details, refer to the Enterprise Singapore GCP page: [Enterprise Singapore GCP](https://www.enterprisesg.gov.sg/financial-assistance/grants/for-local-companies/global-company-partnership). ### ASEAN Market Entry Strategies

Short answer: Singapore SMEs can benefit from strategic partnerships and regional trade agreements to enter ASEAN markets.

ASEAN markets present significant opportunities for Singapore SMEs due to their proximity and economic growth. Key strategies for entering these markets include leveraging regional trade agreements, forming strategic partnerships, and utilizing government support programmes like the MRA and EDG. #### Comparison Table: Key Programmes for Singapore SMEs | Programme Name | Funding Amount | Coverage | Eligibility | |----------------|----------------|----------|-------------| | MRA | Up to SGD 100,000 per new market | Up to 70% of eligible costs | Singapore SMEs | | EDG | Up to 50% co-funding | Business transformation projects | Singapore SMEs | | GCP | Varies | Capability building, market access | Singapore SMEs | ### FAQs #### What is the maximum funding available under the MRA grant? The MRA grant provides up to SGD 100,000 per company for each new market entry, covering up to 70% of eligible costs. #### How does the EDG support business transformation? The EDG offers up to 50% co-funding for projects that help SMEs improve capabilities, innovate, and expand internationally. #### Can SMEs apply for both the MRA and EDG? Yes, SMEs can apply for both grants as long as they meet the eligibility criteria and the projects align with the objectives of each grant. #### What are the key benefits of the GCP grant? The GCP grant supports capability building, market access, and manpower development, helping SMEs enhance their global competitiveness. #### How can SMEs effectively enter ASEAN markets? SMEs can enter ASEAN markets by leveraging regional trade agreements, forming strategic partnerships, and utilizing government support programmes like the MRA and EDG.