Your Preferred Business Matching Service Provider using Market Readiness Assistance (MRA) Grant

Enjoy up to 80% funding for your expansion into Vietnam today!

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Enjoy up to 80% funding for your business matching expansion today!

    Facts

    What is MRA?

    Known as Market Readiness Assistance, it’s a grant to aid SMEs with overseas expansion financially.

    How much grant can I get?

    SMEs can get up to 80% funding, capped at S$100,000 per company per new market* from 1 April 2020 to 31 March 2023 including:

    • Overseas market promotion (capped at S$20,000)
    • Overseas business development (capped at S$50,000)
    • Overseas market set-up (capped at S$30,000)
    • Each application is limited to one activity in a single overseas market (e.g. market entry, or participation in a trade fair)
    Who qualifies for MRA?
    • Business entity is registered/incorporated in Singapore
    • New market entry criteria, i.e. target overseas country whereby the applicant has not exceeded S$100,000 in overseas sales in each of the last three preceding years
    • At least 30% local shareholding Group Annual Sales Turnover of not more than S$100 million; OR
    • Companys Group Employment Size of not more than 200 employees.

    Benefit of Business Matching

    No need for product registration
    It can take a lot of effort and time. You can leave the administrative work to us while you focus on achieving your business goals.
    Efficient market entry strategy
    By identifying the potential partners and distributors with ready channels and customers, you can avoid the detours and speed up the whole process.
    Cost saving
    With new markets come financial risks too. With our business matching service you can capped the cost with calculated risk.
    Increase competitiveness
    With larger overseas market not only can you gain a new market share but also economies of scale and hence can compete with the market at home.

    Reasons Why You Should Choose Innovative Hub for Business Matching Services to Vietnam

    Remarkable Track Record

    With a proven record for our online projects exceeding benchmarks set by Enterprise Singapore for the past few years, we are just as committed to the offline projects as we always do for our online ones.

    Physical Presence In Vietnam

    With a strong staff strength of 80 over stationed in Ho Chi Minh and Hanoi, we have real time updates and networks regarding local development and administrative matters. As they say locals know best. Language and culture barriers are removed significantly.

    Success Formula

    Our team in Vietnam can curate and identify candidates specifically to suit your requirement using a systematic approach to do consumer behavior and competitor market research. This process saves you a lot of time and resources while you expand.

    First Mover Advantage

    Tap onto our vast resources and networks and get ahead of your local competitors by expanding abroad.

    Frequently Asked Questions

    Enterprise Singapore seeks to understand the overseas expansion plans for sole proprietors and partnerships. Applications will be assessed on a case-by-case basis.

    Enterprise Singapore seeks to understand the overseas expansion plans for sole proprietors and partnerships. Applications will be assessed on a case-by-case basis.

    Enterprise Singapore seeks to understand the overseas expansion plans for sole proprietors and partnerships. Applications will be assessed on a case-by-case basis.

    Enterprise Singapore seeks to understand the overseas expansion plans for sole proprietors and partnerships. Applications will be assessed on a case-by-case basis.

    Enterprise Singapore seeks to understand the overseas expansion plans for sole proprietors and partnerships. Applications will be assessed on a case-by-case basis.

    Enterprise Singapore seeks to understand the overseas expansion plans for sole proprietors and partnerships. Applications will be assessed on a case-by-case basis.

    Enterprise Singapore seeks to understand the overseas expansion plans for sole proprietors and partnerships. Applications will be assessed on a case-by-case basis.

    Enterprise Singapore seeks to understand the overseas expansion plans for sole proprietors and partnerships. Applications will be assessed on a case-by-case basis.

    Enterprise Singapore seeks to understand the overseas expansion plans for sole proprietors and partnerships. Applications will be assessed on a case-by-case basis.

    Our Vietnamese team at Innovative Hub is resourceful and committed to enhance the deliverable values for our clients.

    Start Your Business Matching Services to Vietnam with Us Today!

    Discover how we can help your business move forward

    Welcome to Innovative Hub Support! Do drop us about your inquires on below and we will contact you shortly. If you need instant support, please contact our front desk.