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Business Accelerator Programme for Indian Small Business (I-BAP) is an integrated assistance programme aimed to enhance the capabilities of small-sized companies through business advisory services and financial support. This programme supports a wide range of capability building initiatives to assist MSMEs grow and expand their business locally and globally.

 

Type of Assistance

  • Matching grant 50% of the eligible expenses (maximum RM100,000)

 

Eligibility Criteria

  • Having a valid MSME Status Certificate
  • Annual sales turnover exceeds RM300,000 per year
  • At least 60% of local Indian ownership
  • Having a valid Business Premise License from Local Authorities
  • At least 12 months in operations from the date of application
  • Major / common shareholders in 2 or more Private Limited Companies are only eligible to submit 1 application
  • Enterprise owned by the same owner in 2 or more enterprises (sole proprietorship or partnership) are only eligible to submit one application
  • Companies that have received BAP 3.0 grants are not eligible to apply
  • The same project that has been approved under any programme by SME Corp. Malaysia is not eligible
  • Open to all economic sectors EXCEPT sectors related to primary agriculture, financial, insurance, real estate, and securities trading sectors (priority will be given to the high growth industries)

 

Project Scope

  • Acquisition of Machineries & Equipment (Productivity & Automation)
  • ICT Adoption & E-Commerce
  • ESG (Environment, Social & Governance) Adoption
  • Product Certification
  • Advertising & Promotion (limited to RM50,000 only)

 

grant features 

Basic Application Documents

  1. Superform document from SSM
  2. Business Premise License from Local Authorities
  3. Audited Financial Statement for the last 3 years or the latest management accounts
  4. Bank statements for the last 3 months
  5. 2 quotations from preferred and comparison supplier

 

Application
Application are now closed.

 

For more information, please contact:

Info Line: 03-9213 0077
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
SME Corporation Malaysia
Level 4, Block B, Platinum Sentral
Jalan Stesen Sentral 2
Kuala Lumpur Sentral
50470 Kuala Lumpur

 

 

DISCLAIMER
All commitments and assistance provided under this Programme are subject to fund availability. SME Corp. Malaysia reserves the right to terminate or suspend the Programme, or change the content or format of the Programme, at any time without notice to any party, and may demand an immediate cessation of any specific use of this Programme. SME Corp. Malaysia has the right to suspend, terminate, or block public access to this Programme at any time. SME Corp. Malaysia will not be responsible for any loss or damage sustained by any party participating in this Programme.
Please note that SME Corp. Malaysia has never appointed consultants / third parties to fill in and submit applications under this Programme. If it is found that a company is using consultants / third parties, SME Corp. Malaysia has the right to automatically cancel / withdraw the company's application.

 

WARNING
Providing false or misleading information for the purpose of deceiving SME Corp. Malaysia is a criminal offense under the Penal Code, with penalties including imprisonment and caning, as well as the possibility of fines. Additionally, SME Corp. Malaysia reserves the right to deny any benefits, or assistance if false information is associated with an application.
SME Corp. Malaysia also wishes to highlight the provision under Section 17A of the Malaysian Anti-Corruption Commission Act 2009, which establishes the principle of corporate liability, whereby a commercial organisation commits an offense if any of its employees and/or associates engage in corruption for the organisation's benefit. The commercial organisation can be deemed liable regardless of whether its senior management or representatives are aware of the corrupt conduct committed by the employees or associates.

 

 

Introduction
Bumiputera MSMEs Financing Initiative (BMFI) is an initiative offered by SME Corporation Malaysia with the aim to provide better access to financing for Bumiputera Youth MSMEs.

Through this initiative, SME Corp. Malaysia, in collaboration with Modalku Ventures Sdn. Bhd. (Funding Societies) as the appointed Financial Intermediary for this program, offers a special financing package dedicated for Tunas Usahawan Belia Bumiputera (TUBE) Alumni with the aim to empower TUBE Alumni who have the potential to thrive and be competitive.

 

Qualifying Criteria

  • Alumni of the TUBE program;
  •  Company is still active and possesses SSM certificate;
  • Possesses SME Status; and
  • Committed to undergo SCORE / M-CORE assessment


Advantages of BMFI

  • Financing up to RM100,000;
  • Financing period up to 24 months;
  • Annual rate only 2%
  • Fast approval within 48 hours*
    *Subject to terms and conditions

 

Please click the link bit.ly/tunas-fs_wa to apply now.

 

For further inquiries, please contact:
En. Rosman Zamri, 03-2775 6320 (This email address is being protected from spambots. You need JavaScript enabled to view it.)

 

 

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


Type of assistance:

  • Matching grant of 50% of eligible expenses (maximum RM400,000)

 

Eligibility Criteria

  • Having a valid MSME Status Certificate
  • Annual sales turnover exceeds RM300,000 per year
  • At least 60% local equity
  • Having a valid business premises license from Local Authorities
  • At least 12 months in operations from the date of application
  • Majority / common shareholders in 2 or more companies are only eligible to submit 1 application
  •  Companies that have received BAP 3.0 grants in 2021 and 2022 are not eligible to apply
  •  The same project that has been approved under any other SME Corp. Malaysia programmes is not eligible
  • Open to all economic sectors EXCEPT sectors related to primary agriculture, financial, insurance, real estate, and securities trading sectors (priority will be given to high growth industries)

 

 Project Scope

  • Acquisition of Machinery & Equipment (Productivity & Automation)
  • ICT Adoption & E-Commerce
  • ESG (Environment, Social & Governance) Adoption
  • Product Certification
  • Advertising & Promotion (limited to RM50,000 only)

 
BAP eng

 

Processing Fees

  • RM500 for application processing (charged upon submission of application)
  • RM300 for appeal processing (if applicable)

Application
Application are now closed.

 

For more information, please contact the program secretariat:

Info Line: 03-9213 0077

Email: 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

 

 

 

DISCLAIMER
All commitments and assistance provided under this Programme are subject to fund availability. SME Corp. Malaysia reserves the right to terminate or suspend the Programme, or change the content or format of the Programme, at any time without notice to any party, and may demand an immediate cessation of any specific use of this Programme. SME Corp. Malaysia has the right to suspend, terminate, or block public access to this Programme at any time. SME Corp. Malaysia will not be responsible for any loss or damage sustained by any party participating in this Programme.
Please note that SME Corp. Malaysia has never appointed consultants / third parties to fill in and submit applications under this Programme. If it is found that a company is using consultants / third parties, SME Corp. Malaysia has the right to automatically cancel / withdraw the company's application.

WARNING
Providing false or misleading information for the purpose of deceiving SME Corp. Malaysia is a criminal offense under the Penal Code, with penalties including imprisonment and caning, as well as the possibility of fines. Additionally, SME Corp. Malaysia reserves the right to deny any benefits, or assistance if false information is associated with an application.
SME Corp. Malaysia also wishes to highlight the provision under Section 17A of the Malaysian Anti-Corruption Commission Act 2009, which establishes the principle of corporate liability, whereby a commercial organisation commits an offense if any of its employees and/or associates engage in corruption for the organisation's benefit. The commercial organisation can be deemed liable regardless of whether its senior management or representatives are aware of the corrupt conduct committed by its employees or associates.

 

 

logo pockettalk

 

Compact information sharing sessions - where the focus is on smaller group of Small Medium Enterprises (SMEs). The sessions normally involve presentations and discussions on various topics by representatives from Ministries, Agencies and institutions with expertise in the related field. The sessions are informal 30 to 40 minutes and followed by an interactive Question & Answer (Q&A) session for better understanding.

 

Pocket Talk act as a platform for SMEs to gain information and advisory services under SME Hub of SME Corporation Malaysia where we aim to create a comprehensive avenue to facilitate awareness that leads to information on financing access, marketing and development programmes available / offered to SMEs. Entrepreneurs may also get to meet and greet different people with the same interests to help broaden their social network.

 


 

SECRETARIAT

 

Corporate Communication Unit
SME Corp. Malaysia
Level 4, SME 1, Block B, Platinum Sentral
Jalan Stesen Sentral 2
Kuala Lumpur Sentral
50470 Kuala Lumpur

 

Name: En. Mahadzir Ithnin
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

 

 

LogoMSME 2023

 

Micro, Small & Medium Enterprises (MSMEs) are the largest contributors to the country's economic growth and also catalyse the shaping of nation’s future. Recognising the importance and contribution of SMEs to the country’s economic development and progress, MSME Week is organised nationwide to raise public awareness and promote SME products and services from various industries. Themed “Small Businesses, Big Ideas”, the activities arranged during MSME Week are expected to foster entrepreneurial spirit on an ongoing basis, whilst allowing the discovery of investment opportunities that have the potential to help businesses soar to greater heights.

 

Objectives

  • Recognising the role and contribution of MSMEs to the economy;
  • Fostering entrepreneurial culture;
  • Enhancing awareness and showcasing MSME products and services; and
  • A platform for dissemination of information on financing and MSME development programmes.


Outcomes

  • Promote, showcase and highlight MSME products and services to the public and the business community
  • Create new business linkages and investment opportunities for MSMEs with large companies both domestic and international, virtually through the MatchMe platform
  • Assist MSMEs to access and facilitate financing from financial institutions as well as alternative financial players.

For enquiry on MSME Week, please contact:

SME Corporation Malaysia

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

Info Line: 03-9213 0077
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

 

 

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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: 03-9213 0077
Fax Line: 03-2775 6001
Email: info[at]smecorp[dot]gov[dot]my

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