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BUSINESS GROWTH FUND-BRIDGING-BGF-GRANT-ELIGIBILITY-MALAYSIA

Writer: Adeeb Ul MulkAdeeb Ul Mulk

SMI FUNDING: Malaysia’s Premier Financial Advisory for Grants and Funding

SMI FUNDING is recognized as the leading financial advisory firm in Malaysia, specializing in guiding businesses and entrepreneurs through the complex process of securing funding. With a strong commitment to excellence, SMI FUNDING provides comprehensive assistance in grant applications, proposal writing, document organization, and submission

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Engaging in insightful discussions with our valued clients is at the heart of our consulting practice. Together, we explore innovative strategies to drive success and achieve business goals. 🤝✨ #BusinessConsulting #ClientSuccess #StrategicPartnerships

The firm ensures that every stage of the funding process runs smoothly—from initial application to approval and final disbursement. SMI FUNDING’s expertise extends to various funding programs, including grants offered by the Ministry of Science, Technology, and Innovation (MOSTI), supporting research and development (R&D) initiatives across multiple industries.

Bridging Fund (BGF) 

With a deep understanding of financial instruments such as the Bridging Fund (BGF) and technology development grants, SMI FUNDING plays a crucial role in helping businesses of local and international standing secure the necessary financial resources for growth and innovation.

By maintaining a sharp focus on regulatory requirements and funding criteria, SMI FUNDING ensures that clients navigate the funding landscape efficiently, maximizing their chances of success. Whether for startups, SMEs, or established corporations, SMI FUNDING remains the trusted partner for financial advisory and grant facilitation in Malaysia.


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Eligibility

Bridging Fund Eligibility (PKS & Startups):

  • Company Registration:

    • Registered with SSM (Malaysian companies) or local authority (Sabah/Sarawak)

  • Startup Eligibility:

    • Registered with SSM

    • Majority Malaysian ownership (>50%)

    • Minimum paid capital of RM10,000

    • At least 2 company directors

    • Technology-based/related business

    • In operation for less than 5 years

  • Matching Funds: PKS companies required to co-finance at least 35% of project cost (cash or in-kind)

  • Market Study: Required for all applicants

  • Minimum Malaysian Equity: All companies must have at least 60% Malaysian ownership

  • Technology Implementation:

    • Collaboration with government or external agencies encouraged (consultancy services)

    • Proof of capability for independent implementation required otherwise (LOA or equivalent)

  • Research Personnel: Collaboration with IPTA, etc. allows appointment of RO/GRA (LOA or equivalent required)

  • Collaborators: Individuals or organizations working with the applicant (named in application, agreement required)

  • Consultants: Individuals or organizations appointed and paid by applicant to perform specific project activities

Scope of Funding

 Design (product & visual communication)

  • Accreditation/Certification (excluding factory/OEM)

  • Incubation services (technical advice, consultancy)

  • Project-related human capital development (GMP, Halal, HACCP training)

  • Product market validation & modification

  • Purchase/lease of project-related equipment/facilities (up to 40% of total grant)

 
 
 

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