This is executed by identifying High Performing Bumiputera SMEs (HPBS) comprising the top 5 per cent of the overall Bumiputera SMEs, grooming them to thrive in the next five to ten years.
Implementation
To date, 246 companies who fulfilled the required criteria were identified under this programme. Out of them, 15 companies have received approval for the TERAS fund with loans totalling RM190 million. 3 companies have received approval for a facilitation fund amounting to RM47.2 million for 3 projects worth RM385 million. Bumiputera SMEs are encouraged to apply to be a part of the TERAS programme through the TERAJU website.
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2013/07/29
Numbers featured within this section are correct as of announcement date.