SME Corp Malaysia provides the Bumiputera Enterprise Enhancement Programme (BEEP) to support Bumiputera micro, small, and medium-sized enterprises. This programme is designed to enhance the competitiveness, resilience, and dynamism of Bumiputera MSMEs by offering comprehensive assistance to enhance their core business, build capacity, increase productivity, and facilitate access to financing. The maximum grant amount offered under BEEP is RM500,000.00.
Eligibility Requirements
- MSME Status Certification (click here)
- Micro*, small & medium companies only;
- 60% Bumiputera equity;
- Operating with a valid business premise license;
- At least 6 months in operations;
- Require a valid SCORE Certificate OR if newly registered/paying for a SCORE assessment, the SCORE certificate must be submitted together when making a final claim; and
- No vested interest in supplier(s).
Microenterprises that are eligible to apply for the BEEP Program:
- Operating with a valid business premise license; and
- Annual sales exceeding RM100,000; or
- If newly established, the company must have been operating for at least 6 months and achieve annual sales of RM100,000.
Scope of Coverage
- Productivity and Automation;
- Online Applications, e-Commerce, e-Payment and ICT Applications; and
- Enhancing Packaging;
- Branding Development and Promotion;
- Certification and Quality Management System (QMS);
- Product Development and Innovation; and
- Listing on the Bursa Malaysia.
Fees & Charges
Effective 1st March 2023, processing fees will be charged for new applications. Processing fees for applications:
- RM500 for small & medium; and
- RM300 for microenterprises.
Micro, Small & Medium-sized companies can apply through https://mybpi.smecorp.gov.my
*DISCLAIMER: All commitments and assistance provided under this Programme are subject to fund availability. SME Corp. Malaysia reserves the right to terminate or suspend the Programme, or change the content or format of the Programme, at any time without notice to any party, and may demand an immediate cessation of any specific use of this Programme. SME Corp. Malaysia has the right to suspend, terminate, or block public access to this Programme at any time. SME Corp. Malaysia will not be responsible for any loss or damage sustained by any party participating in this Programme.
Please note that SME Corp. Malaysia has never appointed consultants / third parties to fill in and submit applications under this Programme. If it is found that a company is using consultants / third parties, SME Corp. Malaysia has the right to automatically cancel/withdraw the company’s application.
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