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BML Startup Grant

Win MVR 500,000 funding with BML Startup Grant

What it is

BML Startup Grant is the third initiative of a series of 12 high-impact monthly community initiatives to celebrate the lead up to BML’s 40th anniversary in November 2022. 

This grant provides funding for 4 emerging entrepreneurs to win MVR 500,000 each to start or grow a business in the Maldives.

Use it to start or grow a business, whether it is to bring a viable business idea to life, to cover start-up costs such as investing in equipment or expanding to a new market.

How it works

10 applicants will be shortlisted and invited to present their plans to our Evaluation Panel.

4 winning businesses will receive a grant of MVR 500,000 each

Support from BML to execute the business idea

Eligibility Criteria

New Businesses, unregistered

Existing Businesses

All Applicants

Application Process


Applications for BML Startup Grant has been closed now. Winners will be announced in June 2022.

Useful downloads

FAQ- Startup Grant English
Terms & Conditions - Startup Grant English