How many SMEs received RM10,000 from BKSS 7.0 Plus?

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470 SMEs Received RM10,000 Under BKSS 7.0 Plus

A total of 470 active small and medium enterprises (SMEs) received a one-off payment of RM10,000 each under the Sarawakku Sayang Special Assistance (BKSS) Programme 7.0 Plus. This disbursement amounted to RM4.7 million in total, forming part of the Sarawak government's broader allocation to support businesses impacted by the Covid-19 pandemic. The initiative is a component of a larger economic strategy aimed at fostering growth and empowering local industries.
BKSS 7.0 Plus Disbursement Details

The BKSS Programme 7.0 Plus has allocated RM78.5 million to aid small and medium as well as micro enterprises affected by the pandemic. The specific assistance for SMEs comprised a one-off payment of RM10,000 per entity. This targeted support aimed to provide immediate financial relief to businesses struggling during the challenging economic climate.
Total Funds Disbursed to SMEs

The sum of RM4.7 million was disbursed to the 470 eligible SMEs. This financial injection was intended to help these businesses sustain their operations and navigate the economic downturn. The programme underscores the state government's commitment to supporting its business community through dedicated assistance schemes.
Broader Economic Strategy Context

The BKSS 7.0 Plus is situated within the Sarawak government's larger Post Covid-19 Development Strategy (PCDS) 2030. This long-term plan aims to achieve an average economic growth rate of six to eight per cent annually over the next decade. A key objective within this strategy is for SMEs to contribute 30 per cent to the state's Gross Domestic Product (GDP) growth by 2030, necessitating continuous enhancement of local industry ecosystems.

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How many SMEs received RM10,000 from BKSS 7.0 Plus?

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