1. SME Bank
SME Bank is a government-owned bank that provides financing solutions for small and medium-sized enterprises (SMEs) in Malaysia. The bank offers various financing schemes, including working capital financing, trade financing, and project financing.
2. Malaysia Venture Capital Management Berhad (MAVCAP)
MAVCAP is a venture capital firm that provides funding for startups and high-growth companies in Malaysia. The firm invests in various sectors, including technology, healthcare, and consumer products.
3. Malaysian Technology Development Corporation (MTDC)
MTDC is a government-owned corporation that provides funding and support for technology-based companies in Malaysia. The corporation offers various funding schemes, including seed funding, business development funding, and commercialisation funding.
4. Cradle Fund Sdn Bhd
Cradle Fund is a government agency that provides early-stage funding and support for startups in Malaysia. The agency offers various funding schemes, including the Cradle Investment Programme (CIP) and the Cradle Seed Ventures Fund (CSVF).
5. Malaysia Debt Ventures Berhad (MDV)
MDV is a government-owned development finance institution that provides financing solutions for technology-based and high-growth companies in Malaysia. The institution offers various funding schemes, including project financing, asset financing, and working capital financing.
6. Malaysia Co-operative Societies Commission (SKM)
SKM is a government agency that provides funding and support for cooperative societies in Malaysia. The agency offers various funding schemes, including cooperative development financing and micro-credit financing.
7. Malaysia External Trade Development Corporation (MATRADE)
MATRADE is a government agency that provides funding and support for Malaysian companies involved in international trade. The agency offers various funding schemes, including trade financing, export credit insurance, and market development grants.
8. Malaysian Industrial Development Finance Berhad (MIDF)
MIDF is a government-owned development finance institution that provides financing solutions for various sectors in Malaysia, including manufacturing, infrastructure, and services. The institution offers various funding schemes, including term financing, bridging financing, and project financing.
9. Malaysian Global Innovation and Creativity Centre (MaGIC)
MaGIC is a government agency that provides funding and support for startups and entrepreneurs in Malaysia. The agency offers various funding schemes, including the Global Accelerator Programme (GAP), the MaGIC SEED programme, and the MaGIC Pre-Accelerator Bootcamp.
10. National Film Development Corporation Malaysia (FINAS)
FINAS is a government agency that provides funding and support for the film industry in Malaysia. The agency offers various funding schemes, including the Film in Malaysia Incentive (FIMI), the Film Production Fund, and the Film Promotion Fund.
Conclusion
These are the top 10 Malaysian government funding schemes that can provide financial support for SMEs and startups in various sectors. Business owners should research and evaluate the eligibility requirements and funding terms of each scheme to determine which one best suits their business needs.
About Limra Assets
Limra Assets is a Shariah-compliant financing solutions financier that provides loans for property financing, SME businesses loans and gold investment. We offer a range of financing options to help individuals and businesses, including alternative financing for businesses that are unable to obtain funds. Our goal is to provide access to funds for investments in a Shariah-compliant manner that focuses on transparency, customer service, and competitive rates, Limra Assets can be a valuable partner in your gold investment journey.
If you’re interested in learning more about Limra Assets and our Shariah-compliant financing solutions for property purchases, gold purchases or business loans, please contact us for more information.
Disclaimer:
It is important to note that taking out a loans for any purchases and gold investment, whether through Limra Assets or any other lender, carries risks and should be approached with caution. It is important to carefully consider your financial situation and investment goals before taking out a loans, and to ensure that you fully understand the terms and conditions. Additionally, investing in gold carries its own risks and should be done with the guidance of a financial professional. This information and all external links are provided for educational purposes only and should not be considered financial advice.