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Business Accelerator Programme (BAP 3.0)

Business Accelerator Programme (BAP 3.0) is an integrated assistance programme aimed to enhance the capabilities of small and medium enterprises (SMEs) through business advisory services and financial support. This programme supports a wide range of capability building initiatives to assist SMEs to grow and expand their businesses locally and globally.

Type of assistance:

Matching Grant

Matching grants are financial assistance and advice provided by the government to SMEs for improvement activities that will contribute to increased productivity and profitability of the company.

Important note:

  • Applications can only be made via online** 
  • It is compulsory to obtain SME Status Certification. Please apply here [click]
  • It is recommended to apply for SCORE [click] when applying for this assistance

Application Period:

  • Application from 1st – 30th June 2021 Ended
  • Application from 1st – 30th September 2021 Ended
  • Applications open in Q1 2022 (TBC)

Disclaimer: Acceptance of the applications depends on the balance of the funds    

tips

financing2021  

Qualifying Condition:

  • Undergo SME Status Certification
  • Fulfil SME Definition
  • Annual sales turnover exceeds RM300k per year
  • At Least 60% local equity
  • Valid Business Premises Licenses from Local Authorities
  • At least 6 months in operations
  • Undergone or willing to undergo SCORE / MCORE assessment

 

Priority Criteria:

  • A business taxpayer
  • A minimum paid-up capital of RM30,000.00
  • Cash at banks at least 20% of project value
  • Ratio of local workers: foreigner workers at least 70:30
  • Projects with high value added/ contribution to increased productivity.

For enquiry on BAP 3.0 Programme, please contact:

BAP 3.0 Programme Secretariat: This email address is being protected from spambots. You need JavaScript enabled to view it.

SME Corporation Malaysia
Level 4, SME 1, Block B
Platinum Sentral
Jalan Stesen Sentral 2
Kuala Lumpur Sentral
50470 Kuala Lumpur

Info Line: 1300-30-6000
Fax: 03-2775 6001

E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

 

CONTACT US

SME Corporation Malaysia
Level 6, SME 1, Block B 
Platinum Sentral
Jalan Stesen Sentral 2
Kuala Lumpur Sentral
50470 Kuala Lumpur

Info Line: 1300-30-6000
Fax Line: 03-2775 6001
Email: info[at]smecorp[dot]gov[dot]my

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