How much funding is allocated for Bumiputera listing on LEAP market?

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RM50 Million Allocated for Bumiputera Companies Listing on LEAP Market

The Malaysian government has allocated RM50 million to encourage Bumiputera entrepreneurs to list their companies on the Bursa Malaysia’s Leading Entrepreneur Accelerator Platform (LEAP) market. This initiative is part of a broader package of incentives aimed at supporting Bumiputera businesses.
Matching Grant for Listed Companies

Companies that successfully list on the LEAP market and subsequently enter SME Corp’s Bumiputera Enterprise Enhancement Programme (BEEP) will be eligible for a matching grant. Each qualifying company will receive a grant of RM500,000.
Broader Incentive Package

This specific allocation for LEAP market listings is one of eleven incentives announced for Bumiputera entrepreneurs, collectively valued at RM2.9 billion. The incentives cover various aspects of business development, including funding, training, and digital initiatives.
Support for SME Growth

The broader package also includes programmes like the Local to Global Corporation Ascend 800 (LGC800), which provides soft loans to high-performing Bumiputera SMEs, and the WIRA eDagang Digital Free Trade Zone (DFTZ) initiative to boost Bumiputera e-commerce competitiveness globally. These efforts underscore a commitment to fostering the growth and global reach of Bumiputera enterprises.

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How much funding is allocated for Bumiputera listing on LEAP market?

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