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fincrew · 1 day
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Government Business Grants: What You Need To Know
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Do you need funding for your startup? We'll explore something everyone dreams of free money or securing a grant from the government. The Malaysian government offers many financial aids and grants to help small and medium businesses. You can save your business from bankruptcy with these grants and financial assistance. You can also use it to boost the growth of your business. Here is a list of grants available to small and medium businesses in Malaysia.
Soft Loans For SMEs (SLSME)
If you're a startup or an SME that's relatively young, check out SLSME. With this business grant from the government of Malaysia, you can get up to RM5 million in funding. You will have access to the range of offerings based on the purpose of the grant, so the amount you can receive varies. To qualify for Soft Loans for SMEs, register as one of the following; - Small and medium-sized enterprises incorporated under the Companies Act of 1965. - Businesses incorporated under the 1956 Business Registration Ordinance. - Malaysians held at least 60% of the equity. - Possess a valid premises license. - Owns SMEs with a shareholding of no more than 20% held by public companies; if applicable, only. A significant focus of SLSME is the manufacturing industry and manufacturing-related services, excluding financial and insurance services. Wage Subsidy Programme (WSP 3.0) It is a financial aid program designed to help SMEs or enterprises registered with MCOs pay salaries and wages. Because of the pandemic, there was a reduction in income, so companies had to sack employees or reduce their payouts. A newly-introduced WSP 3.0 is for all companies to help these groups. There is an employee subsidy of RM600 available for every SME or MSME. Employees with a salary of more than or equal to RM 4,000 are eligible to make claims, and no more than 500 employees can. Targeted Loan Repayment Assistance (TRA) Malaysia's government launched the Targeted Loan Repayment Assistance (TRA) program to help small, medium, and micro enterprises hit by the epidemic. TRA is also available to individuals, solopreneurs, and SMEs. Following the pandemic, SMEs will have six months to repay their debts through Targeted Loan Repayment Assistance. If the loan bearer wants to pay the loan in three installments over three months, they can do so if the loan amount is up to RM 150,000. Alternatively, the loan bearer can extend the payment period to 6 months with a 50% monthly installment reduction. A Targeted Loan Repayment Assistance application is readily accepted. You must submit it to the bank that issued you the loan. A business doesn't need to maintain bank connections. Bumiputera Enterprise Enhancement Programme (BEEP) The Bumiputera Enterprise Enhancement Programme, better known as BEEP, is a specialized SME funding program in Malaysia aimed at helping Bumiputera SMEs become more competitive, resilient, and dynamic. They help increase productivity and offer solutions to SMEs by strengthening their core business and capacity. BEEP provides financing solutions to Bumiputera SMEs, including: - Training - Packaging and labeling - Certification and Quality Management System - Innovation - Advertising, Promotion, and Branding SMEs who qualify for this grant can apply through SME Corporation Malaysia. PERMAI Special Prihatin Grant (GKP) The Special Prihatin Grant is a grant that is available to micro, small, and medium-sized businesses. The funding is for assisting these businesses financially and helping them grow. First announced in 2020, the grant is available to micro, small, and medium businesses. You can receive RM 500 if you are a micro, small, or medium enterprise. According to the Malaysian government, one million businesses will benefit from the grant.
Bottom Line
Malaysian government grants intend to provide SMEs with access to help when needed. Government efforts aim to boost the economy. Thus, government grants are positioned and launched in a way accessible to businesses. These grants are easily accessible to all businesses needing financial assistance, and they maintain grant eligibility relatively. Additionally, government officials assist struggling businesses when they cannot apply. It is even possible for a company to leverage the benefit of a grant without even being registered. Read the full article
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profresh16 · 4 months
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amnglobalmedia · 1 year
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FYI | Don’t miss out on the latest edition of Monumental Mondays! Be sure to preview Volume 1, Issue 87 and stay up-to-date on the latest news, insights, and trends in your industry. To get your hands on a digital copy, simply scan the QR code provided and start reading today!  
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capiqal1151 · 2 months
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Micro Blog: Business Grants at Capiqal
Micro Blog: Business Grants at Capiqal
Starting or expanding a business often requires financial assistance, and securing a business grant can be a game-changer. At Capiqal, we specialize in helping businesses navigate the complex landscape of funding opportunities.
Why Consider a Business Grant?
Non-repayable Funds: Unlike loans, grants don't need to be repaid, providing a financial boost without future debt.
Growth Opportunities: Grants can fund various business needs, from research and development to marketing and expansion.
Credibility and Validation: Receiving a grant can enhance your business's credibility and open doors to additional funding and partnerships.
How Capiqal Can Help
Grant Identification: We help you identify the best grants for your business.
Application Support: Our team assists with preparing and submitting compelling grant applications.
Ongoing Guidance: We offer continuous support throughout the grant process to maximize your chances of success.
Unlock your business's potential with a grant today. Visit Capiqal to learn more about our services and start your journey towards securing the funding you need.
#BusinessGrant #BusinessFunding #Capiqal #BusinessGrowth #FinancialAssistance
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Applications are now open for business grants! Whether you're a startup or an established business, this is your chance to secure funding to fuel your growth. Don't miss out on this incredible opportunity to take your business to the next level!
Call: 713-523-0787
www.bestgroupfinancial.com
#BusinessGrants#FundingOpportunities#SmallBusinessSupport#GrowYourBusiness
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allcnaprograms · 1 year
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#grants #businessgrants #smallbusinessgrantsToday’s subject is $25000 Small Business Grant|Service Grant for Small Business Owners|July 2023 Grants! Small Company Growth Fund Grant: https://bit.ly/Small-Business-Growth-Fund-GrantHow To Fill Out A Grant Application with ChatGPT: https://youtu.be/t88Q7SNoplkGrant Tracker: https://linktr.ee/darcysbusiness // GRANTS//✅ How To Fill Out A Grant Application Using AI: https://youtu.be/t88Q7SNoplk✅ Professional Grant Writing Services (20% Off w/ 10XGROWTH): https://bit.ly/Professional-Grant-Writing //…
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utibeetim · 3 years
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Secure funds for your business with our professionally developed Event Planning/Management Business Plan with 3 years financial projections? We have developed a ready-made event planning business plan with all the financial projections. You can easily modify it to suit your needs and also use it to source funds for your business. The business plan is in ms word and the financial in excel. Or you can go for a custom-made plan specifically developed tailored to suit your business needs. The ready-made event planning business plan is N10,000 while the custom-made starts from N50,000. Get it today and get a discount. DM or call/text/WhatsApp 07031542324 or email [email protected]. This is not an empty template that you will need to fill, it is a complete already developed event planning business plan. It helps you to save time and money. Visit https://utibeetim.com/list-business-plans-available/ Table of Contents i. Overview 1.0 Executive Summary 1.1 Benefits 1.2 Objectives 1.3 Mission 1.4 Keys to Success 2.0 Company Summary 2.1 Company Ownership 2.3 Location and facilities 2.4 Start-Up Summary 2.4.1 Required Funds 3.0 Product Description 4.0 Market Analysis 4.0.1 Market Summary 4.0.2 Market Trend 4.0.3 Marketing Plan 4.1 Market Segmentation 4.2 Target Market Segment Analysis 4.3 Industry Analysis 4.4 Demand 4.5 Challenges Facing the industry 4.6 SWOT Analysis 4.6.1 Strengths 4.6.2 Weakness 4.6.3 Opportunities 4.6.4 Threats 4.7 External Environmental Analysis 4.8 Competition and Buying Patterns 4.9 Market Strategy 4.10 Sales Strategy 4.10.1 Sales Forecast 5.0 Operation plan 5.1 Production plan 5.2 Production costs 5.3 Production process 5.4 Production systems 6.0 Strategy and Implementation Summary 6.1 Competitive Edge 7.0 Management Summary 7.1 Organizational Structure 7.2 Management Team 7.3 Personnel Plan Table: Salaries and Wages 8.0 Financial Plan 8.1 Important Assumptions 8.2 Break-even Analysis 8.3 Projected Profit and Loss 1-3 years 8.4 Projected Cash Flow year 1-3 Years 8.5 Projected Balance Sheet 1-3 Years Operating Expenses #businessplan #eventplanner #events #naijabrandchick #nigeria #financial #swotanalysis #loan #businessgrants #marketing https://www.instagram.com/p/COr1XcTpMXM/?igshid=pj877eg5g0n8
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teamcitybuzz · 4 years
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Special: Business Grant Opportunity
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inkosiclothingco · 4 years
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Follow:@inkosifashion for #luxurystreetwear and more. APPLY TODAY to get some MONEY. Financial freedoms is extremely important in our community. For that to exist we need more #melenated #blackentrepreneurs Capitalism is a TEAM sport and those that practice group economics the best WIN. We are our sisters and brothers keeper. Wishing you all peace, abundance, and happiness. #blackbusiness #blackbusinessgrants #facebookgrants #businessgrants #melaninhustle #inkosifashion #inkosiclothingco #grants https://www.instagram.com/p/CEHYnCwnPyE/?igshid=wtdqf2lppqr9
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michael-thandi · 4 years
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Action Takers Webinar In progress! Tonight's discussion how to apply for business and community grants. . . . . . . #businessgrants #communitygrant #funding #actiontakerswebinar #positivity #motivational #success #thandi #michaelthandi #entrepreneur #lifegoals #purpose #purposedriven #purposedrivenlife #ididityesterday #motivateeducatedominate #mindset #motivationalquotes #thandiquotes #successquotes (at Port Melbourne, Victoria) https://www.instagram.com/p/CBSpBYcHmNx/?igshid=1fyn5fgliz3fs
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bebigbrand · 4 years
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$10,000 Grants #govtgrants #businessgrants #nsw #smallbusiness #covid-19 (at Australia) https://www.instagram.com/p/B-f3Xc9JyCa/?igshid=vt1ncpt34woo
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evamaxgroup · 5 years
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profresh16 · 7 months
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Government Grants for Growth: How AI Can Help Businesses Access Funds Fa...
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amnglobalmedia · 2 years
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[OUTREACH] City of Baltimore (AMNG) Curious about #marketing and #entrepreneurship? We are too! Scan the code below on the flyer to get the latest digital copy (Vol. 1. Issue 57) of our Monumental Mondays newsletter and stay up-to-date on all the projects and activities happening at AMNG this Winter and 2023. Read the latest issue here. 
If you aren’t a member yet, what’s stopping you? Find membership info⤵️ https://t.co/ACHJ0QCYvoThe @amngforums membership submission form is back online! Make sure to renew your membership for 2022-2023 or become a new member! Subscribers are #FREE to join. Read more.
AMNG supports the growth, innovation, and activities of entrepreneurs, startup founders, small business owners, and performance and visual artists by offering guidance, marketing and entrepreneurship techniques, and project support of our partners to help them succeed. Our goal is to help our members by providing management resources and expert industry advice every Monday resulting in a reduction of risks and an avoidance of the pitfalls of making costly business decisions.
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Salvage Africa Is Now Open For Grant Application (The Kick Start Programme 2022)
https://www.unpluggedsmartconnect.com/salvage-africa-is-now-open-for-grant-application-the-kick-start-programme-2022/
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best-group-financial · 2 months
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🌟 3 Business Grants for Black-Owned Businesses! 🌟
National Black MBA Association Scale-Up Pitch Challenge: Empowering Black entrepreneurs with up to $50,000 in funding to scale their startups.
The SoGal Black Founder Startup Grant: Providing $5,000 and $10,000 cash grants to Black women and nonbinary entrepreneurs.
Comcast RISE Investment Fund: Offering grants, marketing consultations, and media placements to Black-owned small businesses.
💼 Don't miss these opportunities to fuel your business growth! #BlackBusinesses #BusinessGrants #Entrepreneurship
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