Invest Malaysia Facilitation Centre (IMFC)
Source: Daily Express (21-11-2023) – MITI sets up one-stop investment centre “Invest Malaysia Facilitation Centre (IMFC)“
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
- Soft Loan: SME Bank
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.
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
For enquiry on BAP 3.0 Programme, please contact:
BAP 3.0 Programme Secretariat: urusetia_bap@smecorp.gov.my