Funds to Assist SMEs
Additional fund of RM 500 million under the Micro Credit Scheme through BSN at 2% interest rate without collateral Financing up to RM 300,000 to SMEs with businesses less than 4 years under CGC
Micro and SMEs E-Commerce Campaign
Eligible Micro, Small and Medium-Sized Enterprises (MSMEs) will be on-boarded onto e-commerce to shift towards business digitalisation. Participating e-commerce platforms will support MSMEs in on-boarding training, seller subsidy and sales support
SMART Automation Grant
SMEs and mid- tier companies in the services sector are now able to kickstart their digital adoption journey and increase their digital capabilities to continue striving forward in this new norm. Each successful application will receive up to 50% of the total project cost, subject to a ceiling limit up to RM200,000 or, whichever is the lowest
MyAssist SME One Stop Centre
To provide guidance and facilitate the recovery process for Micro enterprises and SMEs. An online one-stop business advisory platform for the Micro enterprises and SMEs will be set up to enhance the outreach of the existing physical SME Hub
Bumiputera Entrepreneurship Financing
To ensure sustainability of Bumiputera entrepreneurs through financial support. Financing can be applied from PUNB as well as MARA
SME Go Scheme
To assist contractors who have been awarded a contract from Federal or State Governments, Ministries, Departments or Agencies. The contract will be financed by SME Bank via MySMEBina for construction or infrastructure contracts and/or MySMEBekal for supply or maintenance contracts.
Shop Malaysia Online
The Shop Malaysia Online campaign is to encourage e-commerce consumption using e-vouchers which is co-funded by the government and e-commerce platforms.
PENJANA Tourism Financing
To finance transformation initiatives by SMEs in the tourism sector to remain viable and competitive in the new normal
Social Impact Matching (SIM) Grant
The SIM grant totaling RM10 million, a PENJANA initiative, was introduced to support social enterprises and social innovation in Malaysia. For every ringgit earned through crowdfunding, SIM Grant will match that amount, in a 1:1 ratio.
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