Application Process - SME PDF Print E-mail

Interested to know the application process for SME? It can be seen in the table below.

STEP 1

REGISTRATION

Application register and sits for Suitability Assessment test (If Business Plan Already Submitted to PUNB)

STEP 2

BUSINESS PLAN WORKSHOP

Applicant attends Business Plan Workshop

STEP 3

SUBMIT THE BUSINESS PLAN

Submit the completed business plan to for PUNB's consideration

STEP 4

INITIAL ASSESSMENT

PUNB will discuss with the applicant for more information and better comprehension of the proposal. This assessment focuses on five (5) key business areas: product, market, management, operation and operation and finance.

STEP 5

BUSINESS PLAN PRESENTATION

After favourable initial assessment, the applicant required to make a presentation to PUNB's Evaluation Committee which will assess the proposal's five (5) key business areas and the applicant's investment criteria

STEP 6

FINANCING APPROVAL

Approval by the PUNB investment committee 

STEP 7

DOCUMENT PREPARATION

Applicant is required to undergo documentation process relating to financing term and conditions

STEP 8

MANDATORY COURSES

Applicant is required to attend all the compulsory courses set by PUNB prior to the fund disbursement 

STEP 9

FUND DISBURSEMENT & IMPLEMENTATION

Once the documentation and fund disbursement conditions are fulfilled, PUNB will channel the fund to the enterprise for the intended purposes. PUNB will monitor the business implementation to ensure the fund is used to achieve the business targets

What are you waiting for? Grab this golden opportunity to look for that business experience you have been searching for. Register with us now!