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Business Accelerator Programme RMK-12

Business Accelerator Programme RMK-12

Supports high potential Malaysian enterprises with BAP financing for asset growth, working capital, and technology adoption.

Business Accelerator Programme RMK-12 (BAP RMK-12) is SME Bank Malaysia's flagship Islamic financing facility for high-growth-potential MSMEs under the 12th Malaysia Plan. The programme covers three use cases: asset acquisition, working capital, and adoption of technology or automation — making it one of the broadest-purpose MSME financing vehicles in Malaysia. Financing limits reach up to RM5 mil…

Islamic financing up to RM5 million for high-growth-potential Malaysian MSMEs to fund asset acquisition, working capital, and technology or automation adoption under the 12th Malaysia Plan.

CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Rolling
Next deadlineiThe next date applications are due. Rolling means you can apply any time.Rolling
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Loan
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.0%
Funding pooliThe total budget available across all awards in this round.—

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Last verified: 22 Jul 2026Source: www.smebank.com.my