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3 Benefits / Financial Aids Given by Government to New Business Starters or Existing Business Owners
3 Benefits / Financial Aids Given by Government to New Business Starters or Existing Business Owners 1. Tabung Usahawan Sizwazah (TUS) This scheme is initiated by SME Malaysia with the collaboration of INSKEN Malaysia (Institut Keusahawanan Negara) to provide financial aid to all Malaysian university/college graduates Loan Amount: I. RM20,000 to RM500,000. Eligibility: I. Malaysians aged not more than 40 years old. II. At least diploma holders under courses recognised by MQA. III. Guarantor is required for loan exceeding RM100,000. Loan Repayment: I. 4.0% interest. II. Maximum 10 years of repayment period or up 20 years (for business premises only) with 40 months of grace period can be considered. Sources: http://www.smecorp.gov.my/index.php/en/financing-for-startup , http://www.sarawakdga.org.my/index.php/2012/09/sme-bank-tabung-usahawan-siswazah-tus/ 2. Business Start-up Fund (BSF) This loan scheme is ...
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