Business Scale-Up Programme (Biz-Up Programme) 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.
SME Definition [Click]
CRITERIA
- SME Status Certification [click]
- Fulfil SME definition
- Annual sales turnover exceeds RM300,000 per year
- At least 60% local equity
- Valid Business Premises Licenses from Local Authorities
- At least six (6) months in operations
- Has undergone or willing to undergo SCORE / M-CORE assessment
- Limited to SMEs in sectors related to:
- Industry 4.0 / Automation / Digitalisation
- Logistics
- Retail / Wholesale
- Smart Cities
- Agarwood / Swiftlets
FINANCING
Two (2) types of financing offered:
- Matching Grant
- Soft Loan
ADMINISTRATIVE FEE
Administrative fee of RM3,000 to be paid by company upon acceptance of offer (signing of offer letter)
*Note: Fee waiver is now in effect due to COVID-19 outbreak
APPLICATION OPENING DATES
- 15 March 2020 - 30 April 2020 (closed)
- 1 July 2020 - 31 July 2020 (closed)
Download Business Scale-Up Brochure [PDF]
For enquiry on Biz-Up Programme, please contact:
Biz-Up Programme Secretariat :
- Ms. Nabilah Nazri at 03-27756058 or This email address is being protected from spambots. You need JavaScript enabled to view it.
- Ms. Nur Johanna Riswan at 03-27756193 or This email address is being protected from spambots. You need JavaScript enabled to view it.
SME Corporation Malaysia
Level 4, SME 1, Block B
Platinum Sentral
Jalan Stesen Sentral 2
Kuala Lumpur Sentral
50470 Kuala Lumpur
Info Line: 1300-30-6000
Fax: 03-2775 6001
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
