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SME Corp BAP 3.0 is 50% Matching Grant

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 given is 50% up to RM400,000

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 assistance



Application Period:

  • For information, new application for BAP 3.0 will remain closed until further notice.

Disclaimer: Acceptance of the applications depends on the balance of the funds    

Scope’s of grant:


RM400,000 of Grant covers:


  1. Machinery 

  2. CRM/ Automation System/ Front-end and back-end System

  3. Retrofitting (Upgraded the process or production)

  4. Warehousing System



RM50,000 of Grant cover:

  1. Online application, Mobile E-commerce E-payment & ICT applications


RM200,000 of Grant Covers:

  1. Premise Renovation (for certification requirement only)

  2. Branding & Promotion

  3. Packaging & Product Packaging


    IcT adoption : e-commerce enabled website -mobile e-commerce -e-payment solutions -office productivity suite (crm, supply chain management, pointof-sale system etc) -other ict related adoptionparticipate in 3rd party platform e.g: Alibaba, Amazon, Shopee, Lazada System :CRM / ERP / MRP / Helpdesk -fleet management solution –logistic industries off the shelf software or solutions related to business operations (plug n play)
    BRANDING DEVELOPMENT - IP registratio Product drafting/ filing Patent search; and Trademark Ip (intellectual property) must be registered under the company name PROMOTION 1. MARKETING COST WITH HYPERMARKETS Opening of account (1sttime registration with particular hypermarket); Product listing fees; Appointment of agent for promotion; Space rental (including for specific gondola end, concourse area etc); and Cost of promotional items with hypermarket (catalogue, flyers, press advertisement, in store promotion etc.) 2. COST OF MEDIA ADVERTISING Advertisement in newspaper and magazine; Advertisement in radio / television; and Website development (new and existing website) Digital advertisement including; website advertisement/ facebook / google / twitter / instagram / yellow pages / squeres and others; Managing the website – facebook, website design, target likes, content update, campaign management, responding to comments & pm, search engine optimization Advertising through blogging 3. OTHER COST OF MEDIA ADVERTISING Video promotion consists of: animation, acting and infographic; script; set; actor / voice actor; board script; copyright; and rendering CINEMA ADVERTISING CONSIST OF: Dynamic medium offering advertisers the opportunity to reach their target consumers in a distraction-free compelling environment; Advertisers showcase their brands in an entertainment backdrop and access the star power that drives consumers to cinemas; Movie theatre located near or in suburban shopping malls and other high-profile retail areas, ads are positioned close to point-of purchase 4. PRINTING OF PROMOTIONAL MATERIALS Brochure/ catalogue/ flyer/ banner/ bunting; Any related promotional items example : labelling on cup/ saucer for restaurants 5. OUT OF HOME (OOH) Design/ rental/ location; advertisement indigital/ electronic billboard signboard 6. PROMOTIONAL WRAPPING Direct cost involved in wrapping including design/ installation 7. SCALE MODEL Direct cost involved in scale model 8. TELEMARKETING Promoting product/ services through phone by company/ outsourcing one off grant duration : 3 –6 months 9. PRODUCT STANDEE 10. PRODUCT MASCOT Design/sketch of mascot Material cost of mascot Cost of making mascot
    Renovation cost for compliance to certification e.g.: haccp, halal, gmp • existing premises and main building • contractor must registered with CIDB
    Master design Capping per product (added value must include innovation, creativity & design) Security design services • security design (overt and covert features) • substrate/ materials/ paper • security ink • printing techniques, • finishing and additions Development cost of packaging & printing New / upgrade for new packaging design to improvise/ innovate
    Machinery & equipment Machineries related to productivity improvement only for development, production and office equipment related to production process Equipment - rack / shelf / railing Equipment for logistics industries and retailers Integrated software/ system/ hardware for automation -new system development -bespoke & unique to the company -owner of the source code -including warehousing system -related to manufacturing production / operation / services / industry 4.0 -software example: - concept draw pro/architect / designing / engineering / creative / industry-manufacturing software crm/erp/ mrp inclusive training
  • Is there any marketing or promotion content available for partners?
    A Big Yes. You can find explainer videos on financial solutions like grants and loans on youtube and other media channels. It's very easy way to send information to your prospects with link rather than sending long pdfs though we have pdf as well. If you see a missing link or info in our explaner videos please notify us so that we can create new one considering your notice.
  • Does SMI FUNDING provide me tags and name card?
    Yes, we can provide
  • Can someone from the SMI FUNDING  team help me close a sale?
    Absolutely. Just give us a call and we go from there. Please find contact information on
  • How do I enter the Partner Portal?
    Please goto Login page, enter your credentials and submit
  • I have a technical problem/question, who can I get in touch with?"
    You can always call us or email us. Please find contact information on
  • Where can I get in touch if I have questions about the partnership?
    You can always call us or email. Please find contact information on
  • What are the benefits of becoming a partner?
    Complete freedom of working time, work at your convenient time and place. Beside earning commissions it will give great avenues to expand your own business network which will help you in various ways.
  • Can SMI Funding schedule a training session for me?
    Absolutely. We give 2 hours free training after passed the test and it can be either in house or zoom for 1 to 1 training. We are looking for committed and serious candidates, not the 'try and see' ones. If you have any questions and concerns, we are here to answer those. Please follow contact information on
  • How the process to become an official SMI FUNDING Partner?
    Please click on 'Be Partner' and subscribe for a SMI Partners program, fill up the required signup form and click on submit which will direct you to training portal. Save the link of training portal so that you can revisit as many as times you need to learn financial solutions we have to offer.
  • How do I become SMI Official Partner?
    It’s a simple step login to our portal Step 1: To Register click on the Partner Program tab and fill out your details. Step 2: Learn all the Lesson 1 to 12 video pages and get the Certification Test. Step 3: You on your way to being an official SMI Official partner and you can start enjoying all of the program benefits! Once you have passed the Certification Test, Click on the tab for Certify Partner Tools You can Browse through for Print your Certificate of Partnership Get your Badges Get Listed on Partner Directory Book a Zoom Meeting for your clients (To check thier Entitlement of Grant) Design Your Name Card and Tag Resources and video training
  • I tried to pass the certification test but I didn't succeed, what do I do?"
    No problem. Every success is preceded by failures as everyone sees the success but hardly anyone sees how many failures occured in the way. \ You can always re-take the test as many as times you need. Purpose is to have you learnt, the better you learn the better ready you become in the field. Learning brings the confidence!
  • What do I get being an official SMI FUNDING Partner?
    Upto 35% of total commission SMI acquires from the client upon successful closing of each case
  • What happens if I don't make a sale?
    You don't get any commissions. We recommend in this case give us time to discuss how to improve your performance.
  • How do I make a sale through the Partner Portal?
    In Partner Portal they is SMI Referral System which partner can key in their prospect information on the relevant products. we will filter it for you and update on the system on the process status. We keep it updated as there are always changes in the status. Partner Portal is trully a partner of each Partner because it offers all guidance, information, & other updates which are essential to know for sales
  • Who is suitable to join the partner program?
    Companies or Individuals possess social network and idealy have experience in financial services are ideal candidates, though if no experience, no worries, training is provided
  • Which SMI Branded materials can i use for marketing on my website or social media?
    A large amount of SMI's motion graphics' explainer videos are available on numereous media channels relevant to various financial solutions, on top of that there are lot of pdfs and other literature available which can be helpful to promote and use full for your website to showcase SMI financial solutions. Once you have passed the Certification test you can download all this on the Certify Partner Tools button.
  • How do I earn from SMI Partner Programm
    For registered and passed the Certification Test, SMI Certify Partner can get commission rate 30% to 35% of all the commission/fees collected from your customer. For referral the commission is 10% likewise.
  • Which skills do I need to have in order to join the program?
    If you have experience in financial service then you have an edge and ready to take a jump start, though training is provided, don't worry, we have experienced financial consultants available to teach you tips and tricks, ups & downs relevant to work. Though, even after training, during handling the case our consultant constant will remain in contact with you for smooth sailing of your case till approval
  • Is there a way to also register our own leads (affiliate link)?
    You will be given a promo code as a partner which can be used with referrence to client, that code will work as identifier showing the specific client belongs to you
  • How do I introduce a customer to SMI funding?
    They is a SMI Referral System in your Partner Portal. You can register and key in your client information, then you can see the update of the application status here. You will get a promote code when you register on this Referral System, give the promote code to you client to apply at our website and they will get special voucher and offer upon approval. We know this customer belong to you if they key in your promote code.
  • What's the catch? Why would you help me open up a business?
    There is nothing in the world where there is no catch. With SMI Parnter program the catch is 'Success, Good commissions, Respectable profession and Flourishing career', so what do you say! Want to catch it??? What our interest in it is 'If you succeed we get succeed', SMI's success is directly propotional with your prospereous career
  • What is SMI Partner Program? What does SMI Partner do?
    SMI Partner Program is a marketing plan which is designed to give Machinery & Software Supplier, Consultants & Engineers looking for an innovative way to grow their businesses by introduce their client to apply grant and for Financial Agencies, Banker, Credit Company, Accounting & Lawyer Firms who want to expand their business scope to increasing the value added to their customers. And for Individual & Entrepreneurs it is opportunity to build a career in financial industry. This program facilitates applicants' own network of connections regards to business, social or personal to be used for making good commissions and explore new avenues in financial industry. Please don't forget, 'your network is your networth' is today's methodology to success. You only have to let your network know that you are doing this funding service.
  • If it possible to make montly payments for my client?
    No, there was no monthly payment only pay when they need our services or funding approved
  • What makes SMI Funding unique?
    SMI FUNDING carries a strong repo and name in financial industry which makes easier to do job for partners in term of finding and reaching right prospects and closing sales
  • What if my client wants to take care of all processing and just require guidance or advisory, how do I get paid by my commission?"
    No worries, we will provide the required guidance to your client for a nominal consultation fee according to the case and you will still be paid as a referrer i.e., 10% or a Certify Partner 30% - 35%
  • Do you provide any live traininig to partners?
    At the moment we only allow to do training by Zoom Meeting in group by special arrangement or you will get 1 to 1 for 2 hours free training after you passed the Certification Test.
  • Who are SMI Funding's potential customers?
    Companies relate to manufacturing industry, suppliers & services industry linked with manufacturing, R&D company are ideal prospects for major grant products. Though there are many grants and loans available for SME's & Entrepreneurs

Qualifying Condition:

Undergo SEM Status Certification

Fullfill SME Definition

matching grant.jpg
SME definition.jpg

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 (Min 2 star to apply)

Priority Criteria:

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

Open to projects implemented 180 days / 6 months date of online submission

50% of Total approved cost allowable to be disbur supplier.



* Processing fee of RM500 for SME

* Processing fee of RM300 for Micro total cost is allowed to be paid directly to the supplier.

(imposed after the applicationis approved)


  • June 2021 (Closed) 

  • September 2021(Closed)

  • Applications open on: Q4 2022 (TBC)

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