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Grants and Loans for Entrepreneurs and Entrepreneurship Promoters
MySmeasia offers grants to entrepreneurs and entrepreneurship development organizations and loans to entrepreneurs only. Entrepreneurs qualify for grants automatically at the rank of 4-Star Genpreneur (4SG), while organizations must be actively involved in entrepreneurship development and employment generation. Applications for both grants and loans are made in the month of August only.

Eligibility Criteria – Grants
  1. Sign up and activate your membership of Mysmeasia
  2. Promote Mysmeasia by recommending our program, products and services to others
  3. For an organization, make a formal application for a grant, with details on the impact of your program on entrepreneurship and personal development. We may request a meeting or site visit to help us better understand your organization or program and how your activities have encouraged entrepreneurship and created employment.

Loans
At Mysmeasia we recognize the fact that adequate funding is crucial to success in entrepreneurship. Hence, we offer opportunity to members for business loans. When we arrange for loans, we insist on what the business needs and not just what we can afford to advance. The loan will neither be less than your Business Plan specifications nor more than you require. Such loans may be sourced from our finance partners or directly from us. Irrespective of the source, we work out a stress-free repayment plan.

Eligibility Criteria – Loans
  1. Member must have risen to the rank of 1-Star Genpreneur (1SG).
  2. Must be actively developing his/her affiliate network.
  3. Must have a professional and bankable business plan.
  4. Must demonstrate a savings culture.
  5. Make a formal application for loan with details on usage and repayment plan.
  6. Must provide two guarantors of means who will appear physically at our designated office to consent to the loan.