Applications for the BML Startup Grant must be submitted via email to [email protected] before 11:59 hrs on October, 17, 2024.
Bank of Maldives (BML) has opened the application window for the bank's Startup Grant 2024.
Bank of Maldives (BML) said today that its Startup Grant is targeted for emerging entrepreneurs to win funding to start or grow a business in the Maldives.
A total of 10 applicants will be shortlisted to pitch their business ideas, with two winning pitches each receiving MVR 500,000 in grant.
In addition to financial support, the Bank will provide comprehensive financial advice to guide the winners in successfully executing their business plans.
The grant is open to individuals and newly registered businesses in the Maldives.
"Empowering local entrepreneurs is a cornerstone of sustainable economic development. This grant underlines the bank’s dedication to fostering an entrepreneurial spirit and cultivating local talent. We are proud to continue the BML Startup Grant for a third year, empowering entrepreneurs to transform their aspirations into thriving enterprises that benefit our economy," Acting CEO Aishath Noordeen said.
Applications for the BML Startup Grant must be submitted via email to [email protected] before 11:59 hrs on October, 17, 2024.