SME Corp Malaysia expands MSME support through the Sinar programme and 2027 allocations

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Sinar Programme MSME support

Highlights

SME Corp Malaysia's Sinar programme has benefited 1,204 MSMEs as of 30 September, with approved financing across various schemes reaching RM31.53 million.
Budget 2027 provides RM67.9 billion to support MSME development, with an emphasis on financing, automation, market access and human capital.
SME Corp Malaysia received an allocation of RM137 million for MSME development in 2025, up 17% from RM117 million in 2026, including RM50 million for the SME Scale-Up Catalyst Fund.

This article was translated from the original. Read the original version by our correspondent here.

Sinar implementation and financing disbursement

As reported by The Edge Malaysia, the Ministry of Entrepreneur Development and Cooperatives said that the Industry and Business Support Programme, Sinar, had benefited 1,204 micro, small and medium enterprises as of 30 Sept.

Deputy Minister Datuk Mohamad Alamin said the programme provides access to financing and additional business support for MSMEs. He said Sinar is among SME Corp Malaysia's efforts to assist enterprises affected by the global crisis, particularly supply chain disruptions, rising business operating costs and fuel prices that have impacted operations.

According to him, the programme involves a total allocation of RM205 million through several initiatives, including RM30 million for the Easy Financing Scheme for MSMEs, with loans totalling RM7.12 million approved for eight enterprises. Under the MSME Capacity and Capability Enhancement Scheme, loans amounting to RM8.88 million were approved for 18 enterprises, while the Programme for Enhancement of Strategic Industry and High Growth Enterprise Financing Scheme, Prestige 2.0, benefited 15 enterprises through approved loans totalling RM11.53 million.

In addition, RM5 million has been allocated for the Inclusive Business Scaling Programme, which has so far benefited 192 enterprises through grants totalling RM4.64 million. A total of 971 enterprises have also benefited from a 50% discount on MSME status certificates, with the discount available until 31 Dec to enable more enterprises to obtain official confirmation of their status and access entrepreneurship assistance.

Budget focus and impact on the MSME sector

In a related development, Mohamad said Budget 2027 provides RM67.9 billion to support MSME development through financing and guarantee facilities, expanded market access, human capital development, as well as digitalisation and automation.

He said SME Corp Malaysia has been allocated RM137 million for MSME development programmes next year, up 17% from RM117 million in 2026. Of this amount, RM50 million is allocated to the SME Scale-Up Catalyst Fund, comprising RM35 million in loans and RM15 million in investments.

Other listed initiatives include the PKSlestari programme, Prestige, Bursa Malaysia's MSME listing readiness programme, PKS@Akses, the Tunas Usahawan Belia Bumiputera programme and the GrowBiz Micro Scaling Programme. These measures demonstrate the government's continued focus on strengthening resilience, scaling growth and market access capabilities for Malaysia's MSME sector.

In our earlier report on the memorandum of understanding between UOB Malaysia and ACCCIM, the strategic partnership was outlined as an effort to expand support for ACCCIM members in terms of access to financing, advisory services and business support. The initiative also highlighted the need to help companies strengthen cross-border operations, explore regional growth opportunities and support the sustainability agenda in a challenging global economic environment.

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