

BUSINESS ACCELERATOR PROGRAME (BAP 3.0)
SME Corporation Malaysia

Maximum Grant RM400k
Grant Amount :
Type of Grant :
Machinery, Software, E-Commerce , Advertising
Status :
Opening Soon
Agency :
SME Corporation Malaysia
SMECORP-BAP3
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:
Machinery / Sensor
CRM/ Automation System/ Front-end and back-end System
Retrofitting
Warehousing System
RM50,000 of Grant cover:
E-Commerce
RM200,000 of Grant Covers:
Premise Renovation (for certification requirement only)
Branding & Promotion
Packaging & Product Packaging
APPLICATION OPENING DATES
For information, new application for BAP 3.0 will remain closed until further notice.
Criteria
At least 60% Malaysian equity
Fulfil SME definition
Business license from the Local Authority
At least 6 months in operation and full time business operator
Has undergone or willing to undergo SCORE / M-CORE assessment
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.
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 20% of project value
Ratio of local workers: foreigner worker at least 70:30
Projects with high value added/ contribution to increased products