PROSPER Usahawan Muda scheme offers financing between RM5k to RM100k for you to start up your business.
Suitable for:-
Young Bumiputera who are keen to venture into business
What it offers:-
Shari’ah compliant financing products
Amount of financing
i. INDIVIDUAL From RM5,000 to RM50,000
ii. PARTNERSHIP Up to RM100,000
Payment tenure up to 7 years
Corporate Development & Monitoring Support
Entrepreneur Development & Training
Eligibility criteria
1. Candidate
Bumiputera
Not more than 33 years old in age on the date of registration.
Willing to attend all programmes organised by PUNB
2. Business
100% owned and managed by Bumiputera entrepreneur.
New or expanding business.
Eligible focus business
- Telecommunication & Computer Peripherals
- Education
- Distribution & Wet Market
- Clothing & Accessories
- Confectionary & Food Stall
- Cosmetic & Beauty Services
- Metal Equipment & Building Material
- Photocopy & Printing
- Books & Stationary
- Home Furnishing
- Automotive
Application process
- Participant registers and attends Entrepreneurial Suitability Assessment Session
- Participant attends Business Proposal Course (optional)
- Participant submits Business Proposal to PUNB for evaluation
- Participant presents Business Proposal
- Approval of the financing
- Participant attends PROSPER Usahawan Muda Entrepreneurial Certificate Course (3 Days)
- Disbursement and implementation (if all the required documents and terms has been fulfilled)