Business Accelerator Programme (BAP) 2025
Financing Features:
1. Financing Amount Up to RM400,000
2. Profit Rate up to 3.5% per annum
3. Eligible companies may receive a rebate/grant of up to 40%.
4. Financing Tenure Up to 36 months
*Subject to the terms and conditions of SME Corp. Malaysia.
Eligibility Criteria:
- MSME Companies Registered with the Companies Commission of Malaysia (SSM) under the Companies Act 1965 or 2016, Limited Liability Partnerships Act 2012, or Trade Licensing Ordinance 1948 (Sabah & Sarawak);
- Have a valid SME Status Certificate;
- At least 60% local equity;
- Have a valid business license issued by the Local Authority (PBT);
- At least 12 months in operations from the application date; and
- Priority will be given to companies with a good financial track record with financial institutions.
Financing Scope:
- Raw Materials
- Operating Expenses (Rental, Salaries & Wages, Utility Payments)
- Acquisition of Machinery & Equipment
- ESG (Environment, Social & Governance) Adoption
- Product Certification
- Advertising & Promotion
- ICT Adoption
The following documents are required for submission:
- Applicant’s Identification (I/C) Front & Back
- Guarantor’s Identification (I/C) Front & Back
- Current Business Bank Statements
- Financial Statements (minimum 2 years signed management accounts, from the date of incorporation to the most recent month possible)
- Business Owner Profile Photo
- Proof of Business Premises (Photo, live-video, etc)
For more information, please contact:
microLEAP
Whatsapp : +6011-5917 1212 (9am to 5pm)
Office: +603-7954 0002 / 1212 / 2000
Email : hello@microleapasia.com