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Franchise Executive Scheme |
To encourage more Bumiputera employeess in public and private sectors to venture into franchise business. Focus would be given to those opting for voluntary separation scheme (VSS) or early retirement
- Bumiputera aged 25 years and above
- A wholy-owned Bumiputera Sendirian Berhad company
- Minimum qualification Diploma in any field
- Contribute at least 20% of the total project cost
- Mode of financing: Term loan
- Margin of financing: Up to 80% of project cost
- Size of financing: RM50,000 to RM1 million
- Interest rate: 6% per annum
- Maximum tenure: up to 5 years