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Join the ranks of successful brands like Love, Bonito.

Expand to Indonesia


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Market Readiness Assistance

market readiness assistance by bizsquare managements

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Discover Lucrative Opportunities In Indonesia With Bizsquare!

Have you achieved success in the Singapore market but are hungry for more growth and opportunities?

Do you want to Set up Business in Indonesia for your products or services in Indonesia?

Connect Your Business To Opportunities In Indonesia

Bizsquare is your gateway to expanding into the thriving Indonesian market.

Leverage our expertise and experience to establish a strong local presence and build key partnerships for success in Indonesia. Our business matching and market entry services provide valuable insights and strategic guidance to position your business for success.

Expand your horizons!
Take the leap into the Indonesian market with confidence.

INDONESIA IS A THRIVING MARKET FULL OF UNTAPPED POTENTIAL

Benefit Of Expanding To Indonesia

“You can focus on things that are barriers or you can focus on scaling
the wall or redefining the problem.”
– Tim Cook

4th largest consumer market

( 277~ million)

Upper-middle income country

GDP per capita of US$4,200 in 2022 with a forecasted population of 135 million by 2030

3rd fastest growing economies in the G20

Real GDP growth projection 2023 4.8%

Young Demographic

Over 60% are of working age

WHY BIZSQUARE ?

Expanding your Singapore SME to Indonesia? Don’t navigate the market alone.

We understand that navigating a new market can be daunting, but with our expertise…

Say goodbye to uncertainty and…

HELLO to growth!

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EXPERT GUIDANCE
AND SUPPORT

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Certified Practicing
Management Consulting (PMC) Leadership

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Comprehensive market insights and analysis

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SOLID INDONESIA &
SINGAPORE TEAM

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Dedicated Local Support

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In-depth knowledge
regulatory landscape

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Navigate any cultural barriers and build strong relationships with local stakeholders

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WELL-DIVERSED EXPERTISE WITH NICHE SPECIALIZATION

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Industry-specific support and guidance

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Tailored matching solutions

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CATERED TO SME

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Tailored solutions for SMEs
seeking growth beyond
Singapore

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Streamlined process to save you time and resources

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MRA Grant application advisory

OUR SERVICES

Let Us Be Your Trusted Partner In Unlocking Your Success.

with our expertise and support, you can leave the guesswork behind and you can navigate the complexities of entering Indonesia with confidence. Let’s work together and make your expansion dreams a reality.


MARKET ENTRY


BUSINESS MATCHING

EFFICIENT TARGETING
Connect with Bizsquare curated list of pre-screened partners or clients who align with your business objectives, saving time and effort

EXPANDED NETWORK
Connect with industry players and experts,opening doors to new opportunities and collaborations

INCREASED SUCCESS RATE
Find mutually beneficial partnerships and increase the success rate of your business endeavors

MARKET ENTRY

Filing and registration
of representative offices
and other legal agreements

Equity entity, intellectual
property search, license
application

Import & export license
application

BUSINESS MATCHING

Conducting market research

Connecting synergistic
collaborations

Facilitating negotiation
for collaboration

Bizsquare Business Matching





ABOUT MRA GRANT

The Market Readiness Assistance (MRA) Grant Singapore is designed to assist small and medium enterprises (SMEs) with funding for eligible costs incurred during overseas business development, helping you overcome financial barriers and maximize growth opportunities.

The Market Readiness Assistance (MRA) Grant Singapore stands as a testament to the nation’s commitment to nurturing its enterprises into global contenders. Tailored to cater to the unique challenges of international expansion, the MRA Grant offers a comprehensive package of support, encompassing financial aid, strategic guidance, and valuable market insights.

Through this initiative, eligible businesses gain the means to conduct feasibility studies, attend international trade fairs, and forge crucial partnerships, all of which are instrumental in propelling their products and services onto the international stage. By alleviating the financial barriers associated with market entry, MRA empowers Singaporean companies to venture into new territories, diversify revenue streams, and establish a formidable presence in the global marketplace, ultimately contributing to the nation’s economic vibrancy and prominence on a global scale.

The grant is up to 50% of eligible costs incurred for overseas business development (capped at $50,000)


MORE INFO


Frequently Asked Questions

Am I eligible to apply for the MRA Grant?

Eligibility criteria for the MRA Grant include

How can the MRA Grant help me expand my business?

The MRA Grant provides funding for eligible costs incurred during overseas business development, helping you overcome financial barriers and maximize growth opportunities.

What types of costs can be covered by the MRA Grant?

The MRA Grant can cover various costs related to market entry, market promotion, and overseas business development, such as business matching, market assessment, marketing collateral development, and participation in overseas trade fairs.

How do I apply for the MRA Grant?

You can apply for the MRA Grant through the official Enterprise Singapore website. Prepare the necessary documents and submit your application online.

How long does it take to receive approval and disbursement of the MRA Grant?

The processing time for MRA Grant applications varies.

Can I receive assistance from external consultants or service providers through the MRA Grant?

Yes. However, there are no pre-approved vendors for this grant (except those on EnterpriseSG’s list of FTA and Trade Compliance consultants).

Is there a limit to the funding amount I can receive through the MRA Grant?

The MRA Grant can cover up to 50% of eligible costs, with a maximum funding amount capped at $50,000 per company per fiscal year per new markets.

Can I apply for the MRA Grant if I have already started my operations in Indonesia?

Yes, you can still apply for the MRA Grant even if you have already started your operations in Indonesia, as long as the company’s annual sales in the target market must not have exceeded S$100,000 in any of the preceding three years

Is it mandatory for a company to appoint the consultants on IE’s reference’s list

Companies have the flexibility to engage their preferred consultants or service providers.

There are no pre-approved vendors for this grant (except those on EnterpriseSG’s list of FTA and Trade Compliance consultants).

All MRA claims are subject to audit, by an auditor from EnterpriseSG’s Pre-Qualified Panel.

What if I do not get approved? Can I re-apply?

— YES

READY TO EXPAND YOUR BUSINESS TO NEW HORIZONS? LOOK NO FURTHER! OUR MARKET SPECIALISTS ARE HERE TO HELP YOU

Want to work with the Business Consultant who doesn’t get paid until we deliver results?

We’re the company you don’t want your competitors to work with.

Because we deliver.

Every time.

Get in touch with us.






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