- Identify, create and develop small enterprises that have products and services using a modern marketing approach, low set up and new technologies
- The financing is for small entrepreneurs under the BIT Program to help them with the prototype outlet setup and for other capital expenditure requirement
- Aged 21 years and above
- Syariah-compliant business
- Registered with the Companies Commission of Malaysia (SSM)
- The brand must be registered with the Intellectual Property Corporation of Malaysia (MyIPO)
- Owns at least one (1) outlet/kiosk/stall/agent and has been in operations for at least one (1) year
- Company and the business owner(s) are free from any legal action and not declared bankrupt
- Attended courses organised by Pernas
- Profitable and viable business
- Brand name is recognized locally
Financing Mode
- Islamic Financing Scheme (Tawarruq concept)
Financing Size
- Up to RM500,000
Financing margin of up to 90% from the project cost
Profit Rate
- BFR + up to 5%
Financing Tenure
- 5 years