Everyone has a different story to tell. We all come from different backgrounds, are in different situations and have different goals. This is why SME Bank has created various types of tools to help all entrepreneurs achieve their dreams and ambitions.
ENTREPRENEUR DEVELOPMENT INITIATIVE
SME FINANCING PROGRAMMES
Bumiputera Equity (EquiBumi) Financing Facility || Bumiputera Financing Fund (BFF) || Malay Reserve Development Financing Programme (MRDF) || TERAS Financing Scheme || Young Entrepreneur Fund (YEF) || Public Transport Development Fund (TPPA) || Women Entrepreneur Financing Program under the Leaders Entrepreneur Acceleration Program (WEP-LEAP) || IBS Promotion Fund || Online Business Financing Program (OBF) || My Seed SME Scheme (MYS3) || SME Technology Transfer Fund (STTF) || Small Business Financing (SBF)
CEDAR is a training, consultancy and research Centre aimed at building capacity and capability of both the Small and Medium Enterprises (SMEs) and Development Financial Institutions (DFIs) employees at large.
Established in April 2013, CEDAR is a wholly owned subsidiary of the SME Bank, a one-stop financing and business development centre which is dedicated to accelerate the growth of Malaysian SMEs. CEDAR capitalizes on the experiences of SME Bank as an industry player that has been directly involved in entrepreneur financing and developments sector for many years in its services offering.
Introducing a fund that helps increase Bumiputera equity ownership in Bursa Malaysia
EquiBumi Financing Facility is a facility allocated by the Government under the National Budget 2014 to assist credible Bumiputera Companies (Acquirer) to take over listed companies or companies with potential to be listed on Bursa Malaysia Securities Berhad (Target Company). The amount allocated for EquiBumi Financing Facility is RM300 million.
Bumiputera Financing Fund (BFF) is a fund allocated by the Government under the National Budget 2013 to assist Bumiputera Small Medium Enterprises (SMEs) to finance the acquisition of Government-Linked Companies (GLCs) subsidiaries engaged in non-core activities.
Introducing a fund that will bring progress to our community
Malay Reserve Development Financing Program (MRDF) is financing facility with an allocation of RM200 million initiated by the Government under the National Budget 2014 for the development of Malay Reserve Land in strategic areas such as Kampung Baru, Kampung Datuk Keramat and Kampung Pandan. This facility is to boost the improvement of the standard of living of the Bumiputera community in-line with the rapid development of the surrounding area.
A collaborative effort with TERAJU in financing eligible Bumiputera SME companies under TERAS and Non Teras program.
Young Entrepreneur Fund (YEF) is a special fund allocated by the Government as part of its continuous strategy of acculturation and creation of new entrepreneurs among Malaysian youth.The purpose of this fund is to provide alternative access to the young entrepreneurs in obtaining financing to start their new business as well as for the needs of their existing business.
TPPA is a loan financing fund specifically for bus and taxi operators licensed under the Commercial Vehicles Licensing Board (CVLB) Act 1987 (Act 334). The fund is provided for the purchase of vehicles in order to increase the quality of service (which includes individual and company/ cooperative/ firm operators).
Women Entrepreneur Financing Program under the Leaders Entrepreneur Acceleration Program (WEP ?LEAP) is to provide assistance to women entrepreneurs under the SME category of small and medium size to obtain financing for business expansion.
In line with Government agenda to encourage the growth and to promote the use of IBS (Industrialised Building System) in the construction sector, SME Bank now offers the IBS Promotion Fund (IBS) financing program for purchase of fixed asset, renovation of factory and working capital requirement for Small and Mendium Enterprise (SME) entrepreneurs who apply the IBS method.
SME Bank presents the Online Business Financing (OBF) Program, a one-of-a-kind initiative designed to help entrepreneurs like you establish a viable online business presence. You are a savvy tech user ? you can see the vast potential of the internet and the power of social media. Are you ready to take the next step towards achieving all of your dreams?
In our effort to provide a holistic assistance to our SME entrepreneurs, SME Bank offers My Seed SME Scheme (MYS3) especially to Indian entrepreneurs to get an access for financing assistance to expand their businesses. MYS3 comes with financing features on fixed asset such as purchasing machineries and equipment?s and working capital.
A visionary and dynamic entrepreneur will continue to explore new opportunities in expending the business. The use of technology will definitely enables the entrepreneur to improve or even meet international standards that will open up new horizons in expending the business. SME Technology Transformation Fund (STTF) has been designed to assist the entrepreneurs in ensuring your products and services are given the boost to penetrate new markets with quality offering.
Increase your product marketability and transform your business from micro to small category.