Bumiputera Enterprise Enhancement Programme (BEEP)
Overview
A matching grant from SME Corp to strengthen 100% Bumiputera-owned SMEs — productivity, certification, business development and capability building. The matching rate scales with size (around 90% for micro, 60% small, 50% medium), up to RM500,000. You generally need a valid premise licence, at least six months in operation, and a SCORE rating of 1 star or above. Businesses that already received BAP 3.0 are not eligible. Runs in intake windows.
Who is eligible?
- Must have an active SSM business registration.
- Business should be operating for at least 6 months.
- Open only to Bumiputera-owned businesses.
- Best for funding needs like: Certification, general.
What this grant covers
- Certification & standards — product or process certification to enter new markets.
- General business growth — advisory, capacity building and operational improvements.
- Funded as a matching grant — you co-fund a share and the grant covers the rest.
How to apply
- 1
Check you qualify
Confirm you meet the eligibility points above for this grant.
- 2
Get your documents ready
Prepare your documents — SSM business registration, company financials, and quotations or a project proposal for what you want funded.
- 3
Apply through the official channel
Apply and get approval through SME Corp — BEEP BEFORE you spend — matching grants won't cover costs you commit to early.
- 4
Keep records & claim
Keep receipts and reports, and submit claims or progress updates as the programme requires.
This programme is no longer accepting applications
The SME Corp no longer runs this scheme online. Browse the related grants below for options that are open now.
Need a hand with this application?
Post what you need on the EquatorBiz Marketplace — consultants and service providers WhatsApp you directly. Free for businesses.
Frequently asked questions
Is Bumiputera Enterprise Enhancement Programme (BEEP) still open?
The latest intake is "Discontinued". Check the official source for news of a new round.
How much funding can I get?
Up to RM500,000 (50–90% matching by company size). The exact award depends on your project and the agency's assessment.
Do I need an SSM-registered business?
Yes — you need an active SSM business registration to be eligible.
Is it only for Bumiputera-owned businesses?
Yes — this grant is open only to Bumiputera-owned businesses.
How long must my business have operated?
Your business should have been operating for at least 6 months.
Which businesses or sectors does it support?
It's broadly available across most sectors.
Who manages this grant?
It's administered by SME Corp.
Not sure if you qualify?
Run a free eligibility check or ask EquatorBiz's advisor about this grant.
Related grants
Business Accelerator Programme (BAP)
SME Corp programme for business growth with two financing types under BAP 2.0: a matching grant and a soft loan. As confirmed on the live SME Corp page (Jul 2026), NEW matching-grant applications are temporarily suspended until further notice, while loan applications can still be submitted directly to SME Bank. Covers advisory, capacity building, machinery and equipment, certifications and ICT adoption for established SMEs ready to scale.
BizJamin Bumi/-i 2.0 Guarantee Scheme
Not a cash grant — the Bumiputera variant of CGC's BizJamin 2.0: CGC guarantees between 30% and 90% of your bank financing, up to RM5 million per MSME, so participating banks can approve it. Guarantee period up to 15 years, risk-based guarantee fee of 0.50%–4.20% per annum. Covers working capital, asset acquisition, operations cost, renovation (reimbursement basis) and refinancing across term financing, cash line and trade facilities. Open to sole proprietorships, partnerships, LLPs, private limited companies and professional entities registered in Malaysia with at least 51% Bumiputera shareholding. Conventional and Islamic (Kafalah-based) versions; apply through participating financial institutions.
BizJamin/-i 2.0 Guarantee Scheme
Not a cash grant — CGC stands behind your bank financing so the bank says yes. BizJamin/-i 2.0 guarantees between 30% and 80% of financing, up to RM5 million per MSME, with a guarantee period of up to 15 years and a risk-based guarantee fee of 0.50%–4.20% per annum. Covers working capital, asset acquisition, operations cost, renovation (reimbursement basis) and refinancing across term financing, cash line and trade facilities. Open to sole proprietorships, partnerships, LLPs, private limited companies and professional entities registered in Malaysia with at least 51% Malaysian shareholding. Conventional and Islamic (Kafalah-based) versions; apply through participating financial institutions.