Small Medium Enterprise Development Bank Malaysia Berhad logo
Funder ·

Small Medium Enterprise Development Bank Malaysia Berhad

Funds Malaysian small and medium enterprises with Sharia-compliant development finance across start-up, growth, and regional expansion stages.

Malaysiawww.smebank.com.my
Key stats
Annual funding—
Programs8
Active grants8
Total grants8
About

Small Medium Enterprise Development Bank Malaysia Berhad is Malaysia's dedicated development bank for small and medium enterprises, wholly owned by Minister of Finance Inc. It offers Shariah-compliant financing across the SME lifecycle, from micro-entrepreneurs and startups through to Bumiputera regional champions, and it does so with support from its CEDAR subsidiary.

Most of its named programmes are financing facilities rather than grants. The portfolio includes HalalBiz Financing, MySMELady 2.0, SME Bank SUCCESS, the Business Accelerator Programme RMK-12, SME Technology Transformation Fund, Dana Kelestarian Alam, and Jaguh Serantau, alongside the PPKV vendor capacity and capability development grant.

SME Bank is best suited to firms that need working capital, asset finance, or sector-specific growth capital in a Shariah-compliant structure. Its thematic programmes extend into halal industry, women entrepreneurs, green transition, digitalisation, and vendor development, which makes it a practical route when commercial expansion needs public backing without moving through a classic grant competition.

Programs & grants under this funder
Business Accelerator Programme RMK-12

Supports the BAP RMK- is Bank's flagship Islamic financing facility for high-growth-potential MSMEs.

1 grant
Business Accelerator Programme RMK-12
Open
— pool·Rolling submission
Dana Kelestarian Alam (DKA)

Supports the Dana Kelestarian Alam is Bank's green financing window providing Islamic financing to Malaysian MSMEs for transition toward low-carbon.

1 grant
Dana Kelestarian Alam (DKA)
Open
— pool·Rolling submission
HalalBiz Financing Programme

Supports the Shariah-compliant financing to Malaysian MSMEs participating in the halal industry ecosystem.

1 grant
HalalBiz Financing Programme
Open
MYR 100M pool·Rolling submission
Jaguh Serantau

Funds Islamic financing with rate subsidies for high-potential Bumiputera businesses expanding regionally across Southeast Asia.

1 grant
Jaguh Serantau
Open
MYR 165M pool·Rolling submission
MySMELady 2.0

Supports women-led small and medium enterprises with Shariah-aligned financing for assets and operating growth in Malaysia.

1 grant
MySMELady 2.0
Open
MYR 50M pool·Rolling submission
PPKV Vendor Capacity & Capability Development Programme

Funds the PPKV is Bank's most grant-like programme, characterised by IDEAS analysis as grant-based or supplementary capacity-building assistance.

1 grant
PPKV Vendor Capacity & Capability Development
Open
MYR 10.5M pool·Rolling submission
SME Technology Transformation Fund (STTF)

Funds the STTF provides Shariah-compliant financial assistance to Malaysian MSMEs to adopt digitalisation and/or automation.

1 grant
SME Technology Transformation Fund (STTF)
Open
MYR 2.1B pool·Rolling submission
SME Bank SUCCESS

Supports the an Islamic financing programme launched in targeting Malaysian Chinese MSMEs.

1 grant
SME Bank SUCCESS
Open
MYR 50M pool·Rolling submission
Last verified: 31 May 2026Source: www.smebank.com.my