Business Accelerator Programme (BAP) 2025 is undertaken by SME Corp. Malaysia with the aim to provide agile access to financing for Micro Small and Medium Enterprises (MSMEs) via a digital platform.

Financing Features:

Financing Amount:
Up to RM400,000

Profit Rate:
3.5% per annum

Rebate / Grant:
Eligible companies may receive a rebate or grant of up to 40%.
*Subject to SME Corp. Malaysia’s terms and conditions.

Financing Tenure:
Up to 36 months

Eligibility Criteria:

• 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)