Standards

Grants and Technical Assistance

Implementing Agencies

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

P: 03-2775 6000
F: 03-2775 6001

Programme

Description

1) Enrichment & Enhancement Programme (E2)

This programme enables Micro Enterprises (MEs) to be assisted through an integrated approach with guidance, including strengthening their core business, building capacity and capability, and facilitating access to financing. Applicants will receive business and technical advisory services, aimed at enhancing their business potential

Loan
  1. Loan for capital & machinery
  2. Minimum is RM5,000 and maximum is RM50,000
  3. Only 90% from rotation capital
  4. Payment: 3 Month or maximum 5 Years
  5. Rate: 5%/year
  6. Bank Rakyat
Grant (50%)
  1. Grant only for packaging & labeling, certification, product testing & calibration, and website development
  2. Grant value is RM100,000 maximum
  3. SME Corp.

2) Business Accelerator Programme (BAP)

This programme enables SMEs to be assisted through an integrated approach with guidance, including strengthening their core business, building capacity and capability, and facilitating access to financing. Applicants will receive business and technical advisory services, aimed at enhancing their business potential.

Loan
  1. Loan for machinery & raw material only
  2. Minimum is RM50,000 and maximum is RM50,000
  3. Only 90% for new machine & 65% for secondhand machine (not exceed 5 year) from rotation capital
  4. Payment: Maximum 7 Years
  5. Rate: 4%/year
  6. SME Bank
Grant (50%)
  1. Grant only for packaging & labeling, certification, product testing & calibration, inovation of the product and branding
  2. Grant value is RM500,000 maximum for 24 month
  3. Application must be made before start the activities
  4. SME Corp.

Eligibility

1) Enrichment & Enhancement Programme (E2)
  1. SMEs incorporated under Registration of Business Act 1956.
  2. Fulfill the definition of Micro Enterprises (MEs).
  3. At least 60% Malaysian equity.
  4. Venture Capitals (VCs) / Co-ops shareholding of not more than 30%
  5. Large Scale Instituitions (LSIs) shareholding of not more than 20%
  6. At least 6 months in operation.
  7. Valid business; Acquire business license from the Local Authority & Operating in a valid business premise
  8. Full time business operator
  9. This section to be filled by owner / director of the company ONLY
  10. Must undergo M-CORE assessment and pass qualifying rating of Level 1 and above.
  11. Priority will be given to companies with good financial track record with financial institutions
2) Business Accelerator Programme (BAP)
  1. SMEs incorporated under the Companies Act 1965.
  2. At least 60% Malaysian equity.
  3. Venture Capitals (VCs) / Co-ops shareholding of not more than 30%
  4. Large Scale Instituitions (LSIs) shareholding of not more than 20%
  5. Valid business; Acquire business license from the Local Authority & Operating in a valid business premise
  6. Full time business operator
  7. At least 6 months in operation.
  8. This section to be filled by owner / director of the company ONLY
  9. Must undergo SCORE assessment and pass qualifying rating of 2 stars and above.
  10. Priority will be given to companies with good financial track record with financial institutions

Standards Covered

1) Enrichment & Enhancement Programme (E2)
  1. Management system certification
  2. Food safety certification
  3. Product certification
  4. Eco-labelling
2) Business Accelerator Programme (BAP)
  1. Management system certification
  2. Food safety certification
  3. Product certification
  4. Eco-labelling

How to Apply

  1. Online application
  2. Supporting document
  3. SCORE or M-CORE Assessment
  4. Development of action plan
  5. Implementation of action plan
  6. Submittion of claim
  7. Verification
  8. Disbursement
  1. Online application
  2. Supporting document
  3. SCORE Assessment
  4. Development of action plan
  5. Implementation of action plan
  6. Submittion of claim
  7. Verification
  8. Disbursement

Contact Details

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

P: 03-2775 6000
F: 03-2775 6001

« Back