CGC BizMula-i / BizWanita-i Financing
Overview
Direct financing (repayable) from Credit Guarantee Corporation for newer businesses — generally less than four years in operation — drawing on Bank Negara's Fund for SMEs. BizMula-i covered start-ups broadly and BizWanita-i was the version aimed at women entrepreneurs, typically RM50,000 to RM300,000 over up to seven years. Both are no longer offered: their pages now return CGC's 404 and the old financing link serves TPUB-i instead. If you need direct CGC financing today, look at the Bumiputera Entrepreneur Project Fund-i (TPUB-i) for contract financing, or at CGC's BizJamin/-i 2.0 guarantee if what you actually need is a bank to say yes.
Who is eligible?
- Must have an active SSM business registration.
- Best for funding needs like: general.
What this grant covers
- General business growth — advisory, capacity building and operational improvements.
- Provided as financing you repay over an agreed term — not a free grant.
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
Submit your application to Credit Guarantee Corporation — BizMula-i; if approved, the financing is disbursed and repaid over an agreed term.
- 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 Credit Guarantee Corporation (CGC) 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 CGC BizMula-i / BizWanita-i Financing still open?
The latest intake is "Discontinued". Check the official source for news of a new round.
How much funding can I get?
RM50,000–RM300,000 financing (up to 7 years). 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.
Which businesses or sectors does it support?
It's broadly available across most sectors.
Who manages this grant?
It's administered by Credit Guarantee Corporation (CGC).
Not sure if you qualify?
Run a free eligibility check or ask EquatorBiz's advisor about this grant.
Related grants
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.
CIP Spark
Early-stage grant for tech startups at idea or prototype stage — companies or individuals. Company must be 5 years old or less and own its IP.