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 riven is 50% up to RM400,000

Please be informed that SME Corp BAP is open already and announced closing is due on  

30th September 2021. First you need to apply for SME Status Certificate (latest 10 days). If you already have SME Status then you can apply online for M-Score and Grant  (Open on Q1 2022) together.  

Tips.jpg

Scope’s of grant:

 

RM400,000 of Grant covers:

 

  1. Machinery / Sensor

  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. E-Commerce

 

RM200,000 of Grant Covers:

  1. Premise Renovation (for certification requirement only)

  2. Advertising & Promotion

  3. Packaging & Product Packaging

 

Scope of Matching Grant.jpg

Scope of 50% Matching Grant

PRODUCTIVITY & AUTOMATION - RM400k


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




CERTIFICATION & QUALITY MANAGEMENT SYSTEM (QMS) - RM200k


Renovation cost for compliance to certification e.g.: haccp, halal, gmp

• existing premises and main building

• contractor must registered with CIDB




PACKAGING & PRODUCT PACKAGING - RM200k


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




BRANDING DEVELOPMENT & PROMOTION - RM200k


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




ONLINE APPLICATIONS, MOBILE E-COMMERCE, E-PAYMENT & ICT APPLICATIONS -50K


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)





matching grant.jpg

Qualifying Condition:

Undergo SEM Status Certification

Fullfill SME Definition

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

* 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)

APPLICATION OPENING MONTHS

  • June 2021 (Closed) 

  • September 2021(Closed)

  • Applications open on: Q1 2022