Bank Perusahaan Kecil & Sederhana Malaysia Berhad (SME Bank):

Graduate Entrepreneurs Fund

Objective
To encourage graduates to participate and venture into businesses in the selected industry.

Maximum financing rate : 4% per annum

Maximum tenure : 7 years

Minimum financing : RM20,000

Maximum financing : RM250,00 or up to 100% of the project cost

Participating financial institutions / Implementing Ministry / Agency
SME Bank

Eligibility criteria

• Graduate holds majority equity in a company registered with the Companies Commission of Malaysia under the Companies Act 1965


• Has a diploma/degree/doctorate qualification


• Must be below 40 years old and has successfully completed training programmes, placement and practical training under the Ministry of Entrepreneur and Co-operative Development (MECD) or its agencies

Purpose of financing

• Working capital


• Financing fixed assets or both

Eligible sector / Types of financing

• Transport


• Tourism


• Selected services


• Franchise business


• Special programme under MECD

Application procedure
Application to be submitted to SME Bank via MECD

Contact
Bank Perusahaan Kecil & Sederhana Malaysia Berhad (SME Bank)
Menara SME Bank Malaysia
Jalan Sultan Ismail
Peti Surat 12352
50774 Kuala Lumpur
Tel : 03-2615 2020
Fax : 03-2698 8077
Website : www.smebank.com.my

Ministry of Entrepreneur and Co-operative Development (MECD)
Lot 2 G6 Presint 2
Pusat Pentadbiran Kerajaan Persekutuan
62100 Putrajaya
Tel : 03-8880 5608
Fax : 03-8880 5608
Website : www.mecd.gov.my

 
Last modified: 08 January 2008 15:55.