KUALA LUMPUR: The eligibility requirements to apply for matching grants of up to RM100,000 under the Business Accelerator Programme for Indian Small Business (I-BAP) have now been simplified to encourage more Indian micro, small and medium enterprises (MSMEs) to benefit.
Deputy Entrepreneur Development and Cooperatives Minister Datuk Seri R. Ramanan said the grant application had been open online since Monday (April 7). However, the eligibility requirement stipulating that only businesses with annual sales above RM300,000 per year are eligible to apply has been abolished.
