Business Matching
Empowering Business Synergy in Indonesia
Expand to Indonesia
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?
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
- Diversification of revenue streams in a rapidly growing market
- Leverage on the “Singapore” brand premium and enhance your brand
- Optimize your cost structure and achieve greater profitability.
“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!
EXPERT GUIDANCE
AND SUPPORT
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Certified Practicing
Management Consulting (PMC) Leadership
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Comprehensive market insights and analysis
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
WELL-DIVERSED EXPERTISE WITH NICHE SPECIALIZATION
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CATERED TO SME
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Tailored solutions for SMEs
seeking growth beyond
Singapore
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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.
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)
-
IN-MARKET BUSINESS
DEVELOPMENT
outsource DB Service for up to
12 months -
OVERSEAS MARKETING
PRESENCE
salary of 1 permanent BD staff
stationed at OPM & rental of
OPM
-
BUSINESS MATCHING
third-party costs incurred to
identify potential partners
and /or customers (B2B) incuding
the following:- Licenses/ franchises
- Agent and distributors
- Joint venture partners
- Cross-border logistics partner
Frequently Asked Questions
Eligibility criteria for the MRA Grant include
- Business entity registered and operating in Singapore
- Company has at least 30% local equity held directly or indirectly by Singaporean(s) and/or Singapore PR(s), determined by the ultimate individual ownership
- New to target overseas market
- The company’s annual sales in the target market must not have exceeded S$100,000 in any of the preceding three years
- Company has a Group Annual Sales Turnover not exceeding S$100 million OR a Group employment size not exceeding 200 employees
The MRA Grant provides funding for eligible costs incurred during overseas business development, helping you overcome financial barriers and maximize growth opportunities.
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.
You can apply for the MRA Grant through the official Enterprise Singapore website. Prepare the necessary documents and submit your application online.
The processing time for MRA Grant applications varies.
Yes. However, there are no pre-approved vendors for this grant (except those on EnterpriseSG’s list of FTA and Trade Compliance consultants).
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.
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
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.
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.
- Our Singapore Office
- +65 9183 4413
- admin@bizsquare.com.sg
- 62 Ubi Road 1, Oxley Bizhub 2 #08-06, Singapore 408734
- Our Indonesia Office
- +62 812 5138188
- The Plaza Office Tower, 41st Floor Jl. MH. Thamrin Kav. 28-30 Jakarta Pusat 10350, Indonesia
