OBJECTIVE

Financing New bumiputera who have innovative business ideas and creative entrepreneurs / Start-up Assistance given in the form of grants

ASSISTANCE AVAILABLE

Funding in the form of grant of up to RM500,000 to be used in developing ideas into prototypes/proof-of-concepts and/or to attain commercialisation. Participants are also supported with developmental services and commercialisation which includes mentorship, training for competency building and potentially funding from venture capitalists.

Industry focus:

  1. Communications, content & Infrastructure
  2. Electric & Electronic
  3. Wholesale & Retail
  4. Palm oil & Rubber
  5. Oil, Gas & Energy
  6. Financial Services
  7. Business Services
  8. Healthcare
  9. Agriculture
  10. Education
  11. Tourism
  12. Any other sector with elements of technology innovation and/or creativity

ELIGIBILITY

Any team of entrepreneurs which meets the following criteria:

  • Applicant is a Malaysian Bumiputera aged 18 to 40 years.
  • Applicant is a new entrepreneur or an entrepreneur seeking a second chance.
  • At least 60% shares owned by Malaysian Bumiputera
  • Majority of company directors and management are Malaysian Bumiputera.
  • Individual applicants or companies in operation less than 3 years.
  • Applicants are required to compete in pitching of business challenge which is open 4 times a year.

OBJECTIVE

Promote the adoption of e-commerce among Malaysian SMEs to accelerate exports through participation in leading international e-Markeplaces

ASSISTANCE

The successful applicants will receive:

  • Financial assistance to the qualified SMEs in e-voucher or reimbursement
  • Advisory services on e-Marketplaces under the eTRADE Programme
  • Training / online assistance to participating SMEs for on-boarding

A qualified applicant may receive one (1) of the following type of financial assistance which is standard incentive for approved Companies amounted RM2,500.00 for B2B / B2C e-Marketplaces

ELIGIBILITY

  1. Malaysian owned company (at least 60% Malaysian equity)
  2. Incorporated under the Companies Act 1965 / Companies Act 2016 / Registration of Business 1956 / Limited Liability Partnership Act 2012 / Co-operative Act 1993
  3. Exporting Made in Malaysian Products or Services or Malaysian Brands

OBJECTIVE

The objectives of this Programme are to increase number of qualified & high performing Bumiputera SMEs with export market potential and to create network & supply chain among Bumiputera SMEs. GEB is implemented by SME Corp. Malaysia in collaboration with Majlis Amanah Rakyat (MARA), MATRADE and Exim Bank

ASSISTANCE

MATCHING GRANT – (SME Corp. Malaysia)

  • Maximum of RM500,000 or 50% from total project cost of RM1 million Financing Facilities:
  • Physical Office / Business Operation Oversea
  • Marketing & Promotional Activities Oversea
  • Branding Development
  • Market Study, Feasibility Study / Market Intelligence & Industry Expert / Market Agent
  • E Commerce Market Entry
  • Training / Course / Seminar / Conference Related to Export
  • Enhancing Packaging

SOFT LOANS – (Majlis Amanah Rakyat (MARA)

  • Maximum RM5 million
  • 2% financing charge
  • Financing period: 1 to 10 years
  • Grace period up to 24 months

Financing Facilities:

  • Machinery & Equipment
  • Working Capital
  • Installation & ICT Adoption
  • Factory Renovation
  • Big Promotional Items (eg: Billboard Oversea)

ELIGIBILITY

  • Registered under the Company Act 1965
  • Fulfill as SMEs based on SME Definition July 2013
  • At least two (2) years business operation
  • Obtain business license from the Local Authority
  • SCORE rating of 3-star and above
  • Product / service made in Malaysia (at least 40% local content)
  • Certification & International Standard Requirement
  • Product Improvement for Export

OBJECTIVE

An integrated programme to develop and nurture dynamic, competitive and resilient SMEs through SCORE, capacity building, advisory and technical support as well as financial support.

ASSISTANCE

Matching Grant

  • 50% of total approved cost
  • Single business entity
  • Tenure max 12 months
  • Scope
    • Certification & Quality Management System
    • Branding Development & Promotion
    • Packaging & Product Packaging
    • Productivity & Automation
    • Innovation & Product Development
    • Purchase of Machinery & Equipment (max RM50k/company)

Soft Loan

  • Financing Limit : RM50k – RM1m
  • Up to 90% margin financing
  • 4% interest
  • Tenure max 10 years (include grace period)
  • Scope
    • Purchase of machineries & equipment (including software & commercial vehicles)
    • working capital (raw material, stock purchase, purchase of package, packaging material, renovation)

ELIGIBILITY

  • Companies Commission of Malaysia either under the Registration of Business Act (1965) or Registration of Company Act (1965) or Limited Liability Partnerships (LLP) Act 2012;
  • Respective authorities or district offices in Sabah and Sarawak; or
  • Respective statutory bodies for professional service providers
  • At least 60% Malaysian equity
  • Business license from the Local Authority
  • At least 6 months in operation and full time business operator
  • Committed to undergo SCORE within 3 months from the date of approval

NOT ELIGIBLE for Public Listed Companies in the Main Board / Secondary Markets / Large Firms, MNCs, GLCs, MoF Inc. & State Owned Enterprises Companies AND their subsidiaries.

OBJECTIVE

Develop potential Bumiputera SMEs in all states. The programme provides selected Bumiputera SMEs with comprehensive assistance package, comprising of financial assistance and advisory services.
SME Corp.’s State Offices in collaboration with 11 State Governments : Johor, Kedah, Kelantan, Melaka, N. Sembilan, Pahang, P. Pinang, Perak, Sabah, Sarawak and Terengganu.

ASSISTANCE

Assistance including strengthening core business, building capacity & capability, increase productivity and facilitating access to financing (matching grant):

  • Training
  • Packaging and labelling
  • Certification and Quality Management System
  • Innovation
  • Advertising, Promotion and Branding

ELIGIBILITY

  • Registered under the Companies Act 1965/Business Registration 1956
  • Fulfilled the definition of SME
  • 100% owned by Bumiputera
  • Obtained valid business premise license
  • SCORE (minimum 1 star) or MCORE (minimum Level 2)

Financing Limit : RM500,000 per company.
Project implementation period : 24 months

OBJECTIVE

Trend: Increased Quality Product and Product Development & Expansion
Beyond: Product Capability

ASSISTANCE

Assistance provided is in the form of matching grant where 70% of the approved project cost is financed by Government and the remainder by the applicant. The maximum matching grant allocated for each application is RM 60,000.

ELIGIBILITY

  • Agriculture based Industries Entrepreneurs Level 1, 2 and 3
  • Incorporated under the Companies Act 1965 or enterprise incorporated under Business Registration Act 1956
  • Own a valid business license /premise license
  • Priority are given to agriculture based industries entrepreneurs as follows:
    • Manage a selected product that has potential in the market.
    • Has demonstrated good business performance for at least a year and has never declared bankrupt.
    • Potential to be further developed if productivity capacity and processing areas are improved.
    • Has a secure market share
    • Had or currently receiving assistance/guidance from departments/agencies of Ministry of Agriculture and Agriculture Based Industries.

OBJECTIVE

The CIP 300 assist to accelerate the establishment of Malaysian start-up companies with technology-based products or services attain.

ASSISTANCE

It offers conditional grant of up to a RM300,000 (maximum of two consecutive approvals per company) to local start-up companies with innovative, technology-based products or services to attain commercialisation

ELIGIBILITY

  • For development of Minimum Viable Product
  • Min 2 max 5 in a team
  • Main applicant is a Malaysia, 18 years and above and permanently residing in Malaysia
  • A Sdn Bhd with at least 51% Malaysian shareholding
  • In operation less than 3 years
  • Accumulated revenue of not more than RM5 million
  • Holds the IP rights of the products and services being commercialised
  • Prototype or MVP is ready

OBJECTIVE

Promote utilisation of foreign technology for the manufacturing and physical development of existing and new products an processes to increase wealth creation and technology content of Malaysian companies whilst enhancing their global competitiveness.

ELIGIBILITY

  1. Small & Medium Enterprise (SME) only
  2. The company is incorporated under the Companies Act 1965;
  3. The company must be at least 51% Malaysian-owned;
  4. The company qualifies as an SME according to the guidelines on new SME definition 2013 by SME Corp. Malaysia;
  5. The proposed technology acquisition must be from one of the Priority Technology Clusters identified by MASTECC;
  6. The technology to be acquired must be a registered Intellectual Property (Patent/Copyright/Industrial Design) with proven and significant sales volume in the country of origin;
  7. The technology provider must not hold any equity in the applicant’s company.

OBJECTIVE

Leverage on Science, Technology & Innovation (STI) for national development and wealth creation via commercialisation of products and process.

ELIGIBILITY

  1. The company is incorporated under the Companies Act 1965;
  2. The company must be at least 51% Malaysian-owned;
  3. The company qualifies as an SME according to the guidelines on new SME definition 2013 by SME Corp. Malaysia;
  4. The proposed technology acquisition must be from one of the Priority Technology Clusters identified by MASTECC;
  5. The technology to be acquired must be a registered Intellectual Property (Patent/Copyright/Industrial Design) with proven and significant sales volume in the country of origin;
  6. The technology provider must not hold any equity in the applicant’s company.

OBJECTIVE

Promote utilisation of foreign technology for the manufacturing and physical development of existing and new products an processes to increase wealth creation and technology content of Malaysian companies whilst enhancing their global competitiveness.

ELIGIBILITY

  1. Small & Medium Enterprise (SME) only
  2. The company is incorporated under the Companies Act 1965;
  3. The company must be at least 51% Malaysian-owned;
  4. The company qualifies as an SME according to the guidelines on new SME definition 2013 by SME Corp. Malaysia;
  5. The proposed technology acquisition must be from one of the Priority Technology Clusters identified by MASTECC;
  6. The technology to be acquired must be a registered Intellectual Property (Patent/Copyright/Industrial Design) with proven and significant sales volume in the country of origin;
  7. The technology provider must not hold any equity in the applicant’s company.

Source: http://www.smeinfo.com.my

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