TABUNG PROJEK USAHAWAN BUMIPUTERA (TPUB) |
Objective | To provide funding to Bumiputera entrepreneurs who has been awarded with the government's (including government agencies and bodies, statutory bodies and companies owned by the government) contract / project but has not been successful to get funding from any financial institutions.
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Allocation | RM300 million
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Type of Funding | Revolving fund
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Eligible Sector | All economic sector including contractor, supplier, manufacturer and services.
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Target Sector | Government project development - 1/3 from allocation amount (RM100 million)
Other sector - 2/3 from allocation amounts (RM200 million)
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Eligibility Criteria | - Wholly own Bumiputera companies and entrepreneurs with viable contracts.
- Must be a member of one of the followings:-
- Dewan Perniagaan Melayu Malaysia;
- Dewan Perniagaan Melayu Malaysia Sabah/Dewan Perniagaan Bumiputera Sabah/Dewan Perniagaan Kadazan Dusun dan Industri Sabah;
- Dewan Usahasama Bumiputera Sarawak;
- Dewan Perniagaan Melayu Malaysia Wilayah Persekutuan Labuan;
- Persatuan Usahawan Wanita dan Bumiputera Malaysia (USAHANITA); and
- Any bodies which approved by Panel Khas Tabung Pemulihan Usahawan (TPU).
- Registered under Pusat Khidmat Kontraktor (for the contractor)
- No credit facilities obtained from any financial institutions to finance the projects.
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Interest Rate | 5% per year
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Repayment Period | 5 years
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Loan Amount | 60% of the contract value less advance given by the government (if any) or RM 3 million whichever is lower.
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Loan purpose | - Working capital
- Refinancing are not allowed
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Further Information | ERF Sdn. Bhd. Tingkat 7, Bangunan SIME Bank, Jalan Sultan Sulaiman, 50000 Kuala Lumpur Tel: 03-2078 1378 Fax: 03-2072 1411 |