Pembiayaan untuk Usahawan 2026: Business Assistance, Grants, Loans & How to Apply

Starting or growing a business often requires extra capital. For Malaysian business owners, there are various government grants, financing schemes, loans, and business incentives that can help with working capital, digitalisation, equipment, business expansion, and other needs.

This guide lists 26 business assistance, grants, and financing programmes available in 2026, including support for micro and small businesses, women entrepreneurs, youth, Bumiputera entrepreneurs, rural businesses, and specific industries.

Some programmes provide grants or matching grants, while others offer financing or loans. Before applying, check the latest eligibility requirements with the relevant agency or organisation.

Business Assistance, Grants & Financing for Entrepreneurs 2026

Category: Free Grants & Digitalisation Grants

Geran Digital PMKS MADANI

Geran Digital PMKS MADANI is government financial assistance that helps micro, small, and medium enterprises (PMKS) improve their business through digitalisation.

Eligible businesses can receive a matching grant of up to RM5,000 to help pay for digital business systems and services, including:

POS systems
E-commerce
Accounting systems
Digital marketing

For more information, refer to SME Corp, Bank Simpanan Nasional (BSN), and MDEC.

Geran Digital Penjaja MADANI

Geran Digital Penjaja MADANI provides financial assistance of up to RM1,000 from BSN to help local hawkers and micro traders move towards digital business operations.

The funding can be used for:

e-POS system subscriptions
QR code payment terminals
Business devices

Applicants must have a valid SSM registration or PBT licence.

Eligibility can be checked through appointed providers such as Funding Societies.

Category: Micro Financing & Loans

TEKUN Nasional

TEKUN Nasional is an agency under the Ministry of Entrepreneur Development and Cooperatives (KUSKOP). It provides Shariah-compliant micro financing to help Bumiputera entrepreneurs start or grow their businesses.

Business financing is available from RM1,000 up to RM100,000, with a profit rate of around 4% per year. TEKUN also provides entrepreneur guidance and support.

In 2026, entrepreneurs can submit applications digitally through the TEKUN Online official portal without needing to visit a physical office.

Amanah Ikhtiar Malaysia (AIM)

Amanah Ikhtiar Malaysia (AIM) is a major microfinance institution in Malaysia. It provides financing without hard collateral to lower-income households, including those in the B40 group.

Through the Skim Pembiayaan Ikhtiar, applicants, especially women, can receive support and guidance to become independent micro entrepreneurs.

More information is available through the Amanah Ikhtiar Malaysia official website.

BSN Micro/i MADANI

BSN Micro/i MADANI is a 2026 micro-financing scheme that provides business capital without collateral.

The financing amount ranges from RM2,000 to RM100,000, with an interest rate of around 3.50% per year.

The scheme is open to:

Micro entrepreneurs
Hawkers
Women entrepreneurs
Youth

The business must be registered with SSM or PBT and must have been active for at least six months.

For more information, visit Portal Rasmi BSN.

BSN Micro Madani Sinar

BSN Micro Madani Sinar is a micro-financing facility for entrepreneurs from specific groups who want to grow their businesses.

It is available to entrepreneurs who are:

Former prisoners
Former trainees of the National Anti-Drug Agency (AADK)
JKM trainees
Persons with Disabilities (OKU)
PERKESO trainees

The financing amount is:

Minimum: RM2,000
Maximum: RM100,000

Applicants should check the full requirements through the BSN official portal.

Kemudahan Bantuan Kestabilan Mikro (MSME SRF) – BSN

For micro entrepreneurs, Bank Simpanan Nasional (BSN) offers financing for working capital of up to RM100,000.

The rate is as low as 3.75% per year, with a financing period of up to 5 years.

This facility does not require collateral and is designed to help businesses manage cash flow problems caused by supply chain disruptions and economic uncertainty.

Applications and further information are available through the BSN MSME SRF official portal.

Category: Financing Schemes, Easy Loans & Business Capital Support

Inisiatif PowerUp 10K

Under Inisiatif PowerUp 10K (KUSKOP), business assistance programmes, funding, and entrepreneurship training from 10 key agencies under the Ministry of Entrepreneur Development and Cooperatives are brought together in one place.

Business owners can refer to the Portal Hebatkan Perniagaan Malaysia (KUSKOP) for information about available programmes.

Government Guarantee Scheme MADANI 2026 (GGSM4)

Government Guarantee Scheme MADANI 2026 (GGSM4) is a business financing guarantee scheme managed by Syarikat Jaminan Pembiayaan Perniagaan Berhad (SJPP).

The scheme helps Mid-Tier Companies (MTC) and PMKS that do not have enough collateral to obtain financing for working capital or capital expenditure (CAPEX).

Financing is available up to:

RM20 million for PMKS
RM30 million for MTC

The government guarantee can cover up to 80%.

Application closing date: 30 June 2027

For more information, refer to the SJPP official website.

SME Stability Recovery Facility (SME SRF)

Bank Negara Malaysia (BNM) provides an allocation of RM5 billion under the SME Stability Recovery Facility (SME SRF) to help PMKS manage cash flow and operating costs.

As of August 2026, more than RM4 billion in funds are still available for applications.

Key details include:

Financing amount: Up to RM750,000
Profit rate: Maximum 3.75% per year, including guarantee fees
Closing date: 31 December 2026, or until the funds are fully used

Applications can be made through participating financial institutions, including banks such as RHB Bank, SME Bank, Bank Rakyat, Maybank, and AmBank.

Check the latest information through Laman Dana PKS BNM.

SME Corp – SFSME 2.0 (Skim Pembiayaan Mudah untuk PKS)

SFSME 2.0 is a support programme under the SINAR initiative to help SMEs with digitalisation, innovation, and automation.

The financing options include:

Term financing: Up to RM500,000
Promotional interest rate: 5% for approvals in 2026
Invoice / PO financing: Up to RM1.5 million
Financing period for Invoice / PO: 6 months

Registration forms are available through the SME Corp portal.

There are also other Program Sokongan Industri dan Perniagaan Rakyat (SINAR) programmes that businesses may apply for through SME Corp.

Skim Jaminan BNM–CGC

The BNM–CGC Guarantee Scheme is a financing guarantee initiative worth RM10 billion.

It is designed to help PMKS, including micro enterprises and start-ups, access working capital.

Financing is available up to RM10 million per SME for a period of up to 10 years.

The scheme offers six portfolio guarantees to support SME growth, innovation, sustainability, and business resilience.

Check the scheme details at bnm.gov.my/bnmcgcgtee.

Category: Incentives, Registration Schemes, Development Grants & Business Grants

Insentif Belia Pelancongan Melaka

The Dana Pelancongan Belia is a RM500,000 initiative by the Melaka State Government to support young people aged 20 to 35 who want to start businesses in:

Tourism
Heritage
Arts
Culture

Eligible youth can receive up to RM10,000 each, with support available for up to 200 youths.

Examples of businesses include souvenir sales and tour guide services.

Applications can be submitted through the Unit Perancang Ekonomi Negeri (UPEN) or Bahagian Promosi Pelancongan (BPP) Melaka.

For more information, visit Majlis Keselamatan Negara (MKN) Negeri Melaka.

Skim Pendaftaran Perniagaan Percuma (SPPP) SSM

The Skim Pendaftaran Perniagaan Percuma (SPPP) is an ongoing initiative through SSM4U that provides a registration fee exemption for up to 2 years for eligible groups.

The initiative is available to:

B40
Senior citizens
Full-time IPT students

It has also been expanded to include a new category called Skim Pendaftaran Perniagaan Percuma Warga Emas (SPPWE).

Potongan Fi Lesen Perniagaan DBKL

DBKL offers a discount on business licence fees for multi-year licence renewals.

The discounts are:

5% discount: Two-year renewal
10% discount: Three-year renewal

The initiative is expected to benefit around 95,000 licence holders in Kuala Lumpur.

Starting from 1 July 2026, DBKL also introduced a new business licence renewal option of up to three years.

Approved renewal applications can extend the licence validity from one year to two or three years, subject to the required conditions. These include having no outstanding compounds or rental payment arrears with DBKL.

Dana Mudahcara Warisan Dan Kesenian Sarawak

Dana Mudahcara Warisan dan Kesenian Sarawak is a full grant assistance programme for 2026 provided by MTCP Sarawak.

It supports PMKS and local creative industry players involved in:

Heritage preservation
Arts activities
Cultural capacity building

The fund is open throughout the year.

Forms and further information are available through the MTCP Sarawak official portal.

Program Penskalaan Perniagaan Inklusif (Skala-IB)

Program Penskalaan Perniagaan Inklusif (Skala-IB) is a 90% matching grant of up to RM200,000 from SME Corp. Malaysia.

The programme is aimed at skilled PMKS that involve the B40 community in their business supply or value chain.

Applicants must have:

Minimum annual sales of RM300,000
Pengiktirafan IB from KUSKOP

Applications can be submitted through the MyBPI SME Corp. Malaysia portal.

For more information, visit https://smecorp.gov.my/.

Bantuan Geran Pelancaran (BGP) – JKM

Bantuan Geran Pelancaran (BGP) is a one-off business capital grant of up to RM2,700 from the Department of Social Welfare (JKM).

It is intended to support productive members of the target groups who have an interest in starting or running a business.

The basic requirements include:

Malaysian citizen and resident in Malaysia
Belong to a JKM target group
Income does not exceed the current Poverty Line Income (PGK) for the average poor household or average poor per capita

Applications and digital forms are available through the eBantuan JKM official portal.

Program Geran Pemadanan High Impact Product (HIP)

The High Impact Product (HIP) Matching Grant provides financial support in the form of a matching grant of up to RM200,000.

The programme is managed by the Ministry of Agriculture and Food Security (KPKM) under the Food Industry and Agro-Based Industry Division.

For more information, refer to the KPKM official website.

Program Geran Pemadanan Change Upgrade Product (CUP)

Program Geran Pemadanan Change Upgrade Product (CUP) is a matching grant provided by KPKM.

It is specifically targeted at micro entrepreneurs in the:

Food sector
Agriculture sector
Agro-based industry

More information is available through the KPKM official portal.

Market Development Grant (MDG) – MATRADE

The Market Development Grant (MDG) from MATRADE is provided as a 50% matching grant on a reimbursement basis.

The grant has a lifetime ceiling of RM300,000.

Businesses can refer to MATRADE for the latest details and application information.

Category: Women Entrepreneurs

DANA EKONOMI USAHAWAN WANITA

DANA EKONOMI USAHAWAN WANITA (DEWI) brings together programmes from four key agencies, depending on the size and needs of the business.

Skim Pembiayaan Wanita – TEKUN Nasional

Financing amount: Up to RM30,000
Repayment period: Up to 3 years
Profit rate: Around 4% per year
Suitable for micro women entrepreneurs who need additional working capital or want to start a small business.

Skim Pembiayaan Ikhtiar – Amanah Ikhtiar Malaysia (AIM)

Financing amount: Up to RM30,000
Targeted at low-income women (B40)
Includes programmes such as i-Wibawa for seasonal business capital and i-Bestari for business improvement
Does not require hard collateral

BR BizLady-i – Bank Rakyat

Financing amount: Up to RM1 million
Suitable for small and medium-sized women-owned businesses that need larger working capital or funds to purchase business assets.

MySMELady 2.0 – SME Bank

Financing amount: RM100,000 to RM3 million per applicant
Suitable for medium-sized women-owned companies looking to expand into new markets, automate operations, or enter export markets.

More information is available through the KUSKOP official portal.

Category: Annual Assistance & Grants

Note: Applications for the programmes below have closed as of August 2026.

Program TUBE 2026 (Tunas Usahawan Belia Bumiputera)

Program Tunas Usahawan Belia Bumiputera Skala (TUBE-S) 2026 is an entrepreneurship training and intensive business grant programme by SME Corp. Malaysia.

It targets Bumiputera youth aged 18 to 30.

The programme is one of the government's key initiatives to create new young entrepreneurs. The next application round is expected to open in early 2027.

Check the latest programme updates at https://tube.smecorp.gov.my/.

Skim Pemerkasaan Keusahawanan Luar Bandar (SPKLB)

Skim Pemerkasaan Keusahawanan Luar Bandar (SPKLB) is opened every year by the Ministry of Rural and Regional Development (KKDW).

The programme supports micro and small entrepreneurs in rural areas.

Applications are usually divided into several rounds throughout the year, depending on the available annual allocation.

If you missed the application round that closed in July 2026, you can prepare for the next application round or the opening in 2027.

More information is available through the KKDW official portal.

Program Agropreneur NextGen 2026

Assistance under Program Agropreneur NextGen 2026 is provided in the form of goods or project equipment.

There are two main categories:

Start-Up Category

For youth aged 18 to 43 who are starting a new business.

Assistance value: Up to RM30,000 in goods

Scale-Up Category

For agricultural entrepreneurs aged 21 to 45 who want to expand an existing project.

Equipment assistance: Up to RM50,000

Eligible sectors include activities involving:

Crops
Livestock
Fisheries
Agro-based industries

Account registration and business proposal documents can be submitted through the eGAN KPKM portal.

Note: New applications for the Agropreneur NextGen grant are temporarily suspended. The system will reopen on a date that will be announced later.

Skim Dana Padanan SDP 2026

The Skim Dana Padanan (SDP) 2026 under MyCreative Ventures is opened on a seasonal basis each year, with a specific application closing date.

For 2026, the official application closed on 27 May 2026.

The programme offers a 1-to-1 matching grant of up to RM250,000 and is offered annually under the aspirations of the MADANI Budget.

Businesses planning to apply in the future can start preparing their business proposal and supporting documents early.

For more information, visit Portal Rasmi MyCreative Ventures Grants.

FAQs

I am a small hawker or night market seller. Is there any special assistance?

Yes. You can look at Geran Digital Penjaja MADANI.

Eligible applicants can receive assistance of up to RM1,000 to set up payment terminals or QR payment systems without having to spend a large amount of their own capital.

I run a food or agriculture business. Can I get help to buy factory machinery?

Yes. You may apply for the Geran CUP (KPKM) if your annual sales are below RM300,000.

The government covers 70% of machinery costs up to RM60,000.

Businesses with annual sales above RM300,000 may apply for the Geran HIP, which offers up to RM200,000 through a 50% matching grant.

Where can I get business financing without collateral and with a low rate?

You can look at BSN Micro/i MADANI, which offers financing from RM2,000 to RM100,000 with an interest rate of around 3.5% per year.

Another option is TEKUN Nasional, which provides business financing of up to RM100,000.

Is it true that registering a new business with SSM can be free?

Yes, through the Skim Pendaftaran Perniagaan Percuma (SPPP).

Eligible applicants include:

B40 or STR recipients
Full-time IPT students
Senior citizens aged 60 and above

Eligible applicants can save on SSM registration fees for up to 2 years.

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