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SME Corporation Malaysia

Opening Soon.jpg

Maximum Grant RM400K

Grant Amount :
Type of Grant :

Machinery, Software, E-Commerce , Advertising

Status :

Opening Soon

Agency :

SME Corporation Malaysia


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. The grant riven is 50% up to RM400,000

Applicable to all sector

Scope’s of grant:

RM400,000 of Grant covers:

  1. Acquisition of Machinery & Equipment (Productivity & Automation)

  2. ICT Adoption & E-Commerce

  3. ESG (Environment, Social & Governance) Adoption

  4. Product Certification

RM50,000 of Grant cover:

  1. Advertising & Promotion

Important note: 

  • Applications can only be made via online** 

  • It is compulsory to obtain SME Status Certification. Please apply here [click] 

  • It is recommended to apply for SCORE [click] when applying for this


For information, new application for BAP 3.0 will Application is open from 4th March 2024 until 31st March 2024 OR until the applications reach the maximum allocated commitment (whichever comes first).

Application can only be made online through MyBPI system at


  • At least 60% Malaysian equity

  • Fulfil SME definition

  • Business license from the Local Authority

  • At least 12 months in operations from the date of application and full time business operator

  • Has undergone or willing to undergo SCORE / M-CORE assessment  (Min 2 star to apply)

  • 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.

  • 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)

  • Annual sales turnover exceeds RM300,000 per year

  • A business taxpayer

  • A minimum paid-up capital of RM30,000.00

  • Cash at banks at least 30% from total project cost

  • Ratio of local workers: foreigner worker at least 70:30

  • Projects with high value added/ contribution to increased products

  • Maximum project duration of 12 months & open to projects that have been implemented since 1 June 2023

Summary of the qualifying criteria

  • Manufacturing: Sales turnover not exceeding RM50 Million or full-time employees not exceeding 200 workers.

  • Services and other sectors: Sales turnover not exceeding RM20 Million or  full-time employees not exceeding 75 workers.

Scope’s of grant: 

Mix and match RM400,000 of Grant 

Project Scope 

  1. Acquisition of Machinery & Equipment (Productivity & Automation) 

  2. ICT Adoption & E-Commerce

  3. ESG (Environment, Social & Governance) Adoption

  4. Product Certification

  5. Advertising & Promotion (limited to RM50,000 only)

Processing Fees

  • RM500 for application processing (charged upon submission of application)

  • RM300 for appeal processing (if applicable)

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