Co-Matching Scheme – Starting Up Category
DARe has established a Co-Matching Scheme to assist MSMEs with Starting up or Expansion costs. The businesses will have to co-match a minimum of 30% in eligible costs [1], with the remaining to be funded by DARe through the scheme, to a maximum of 70%. The grant is separated into two categories; Starting up category and the Expansion category.
[1] Eligible cost include: Obtaining license and certification; Consultancy services; Machine and Equipment; Marketing Expenses; Adoption of Technology
Organisation
Darussalam Enterprise
Amount Offered (BND)
Up to BND10,000
Eligibility
Targeted to assist in the starting up of innovative businesses
Applicable for new businesses registered and in operation within (not more than) twelve (12) months
DARe will fund 70% in eligible cost
Must fall within the definition of micro or small enterprise i.e. less than 20 employees
Completed or participating in a DARe business programme (e.g. Accelerate or Micro Bootcamp) or a similar programme
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