A new initiative by PERNAS aimed at bumiputera veterans or retirees
who wish to venture into entrepreneurship, particularly in the franchise business.
I-VIP PROGRAMME
  • As a platform to empower entrepreneurs from among veterans or retirees.
  • To support and assist bumiputera veterans or retirees in venturing into the franchise business.
  • To strengthen the entrepreneurial ecosystem by providing financing assistance, training, advisory services, and consultancy.
  • Bumiputera.
  • Retirees or Malaysian uniformed servant.
  • Age from 41 – 65 years old.
  • Business owner(s) are free from any legal action and not declared bankrupt.
  • Sendirian Berhad, Partnership or Sole-Proprietorship.
  • The retiree/veterans must hold a minimum 51% shareholding in the company.
  • Company is free from any legal action and not declared bankrupt.

Financing Size

  • Minimum: RM20,000.00.
  • Maximum: RM500,000.00.

Financing Margin

  • Up to 90% of total project cost.

Financing Rate

  • 4% reducing balance.