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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 12 months of awarding the grant. Winners will be selected by an evaluation 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

Individuals

Businesses

All Applicants

Application Process

Coffee Shop Small Business

Deadline

Send the application to [email protected] before 11:59pm of 17th October 2024

Useful downloads

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