90Days 2020
90Days 2020
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MICRO ICONMicro

Manufacturing - Sales turnover < RM300,000 OR Employees < 5

Services & Other Sectors - Sales turnover < RM300,000 OR Employees < 5

SMALL ICONSmall

Manufacturing - Sales turnover RM300,000 < RM15mil OR Employees: From 5 < 75

Services & Other Sectors - Sales turnover RM300,000 < RM3mil OR Employees: From 5 < 30

MEDIUM ICONMedium

Manufacturing - Sales turnover RM15mil ≤ RM50mil OR Employees: From 75 < 200

Services & Other Sectors - Sales turnover RM3mil ≤ RM20mil OR Employees: From 30 < 75

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KUALA LUMPUR – In line with the development of e-commerce business during the pandemic and pivoted by the increase in e-commerce revenue in 2020 by 32.7 percent (RM896.4 billion. Source: DOSM), SME Bank has decided to revise the format of the Program Inovasi Usahawan Muda SME Bank Y-Biz Challenge 2020 by focusing on e-commerce platforms to nurture young e-Entrepreneurs who are competent in producing products that can be commercialized online through social media.

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Source : Malaysia SME Online, 22 October 2021

Applying for business financing is now easier with MySMEBank online application

APPLY NOW
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Menara SME Bank,
Jalan Sultan Ismail,
50250 Kuala Lumpur

Tel: +603 2603 7700