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BML Startup Grant

Win MVR 500,000 funding with BML Startup Grant

BML Startup Grant

The BML Startup Grant aims to foster emerging entrepreneurs to explore new business ideas, start-ups, or grow an existing micro or small business in the Maldives. The applicants will be required to present viable business ideas in the form of a business plan.

A total of 10 applicants will be shortlisted and required to pitch presentations. 2 winning pitches will be granted MVR 500,000 each to implement the presented business idea within 6 months of awarding the grant. Winners will be selected by an evaluating committee appointed by the Bank. Furthermore, business support will be provided by a Relationship Manager of the Bank for each winner for a period of 1 year as after-care support to the winners.

Eligibility Criteria



All Applicants

View Terms and Conditions

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Application Process

Coffee Shop Small Business


The Startup Grant is open for applications until 2nd July 2023. Send the applications to [email protected] before 11:59pm of 2nd July 2023 

Useful downloads

Application Form English
FAQ- Startup Grant English
Business Plan Guide - Startup Grant English