Veteran Entrepreneurship Initiatives & Financing

Franchise Opportunity for Veteran & Retirees


Description

The I-VIP Programme is a new initiative by Pernas aimed at bumiputera veterans or retirees who wish to venture into entrepreneurship, particularly in the franchise business. Through this programme, I-VIP participants will have the opportunity to receive financial assistance, training, advisory services, and consultancy.


Target & Financing Purpose

Target Groups:

  • Veteran Malaysian uniformed servant.
  • Government retirees.
  • Corporate or private retirees.
  • Voluntary Separation Scheme (VSS).
  • Mutual Separation Scheme (MSS).

Purpose of Financing:

  • For start-up or existing business.
  • Purchase of equipment, machinery or renovation.
  • Working capital.

Eligibility Criteria for Financing Application

Applicant:

  • Veteran Malaysian uniformed servant.
  • Government retirees.
  • Corporate or private retirees.
  • Voluntary Separation Scheme (VSS).
  • Mutual Separation Scheme (MSS).

Business

  • Business has been in operation at least for one year.*
  • Syariah compliant business.*
  • The brand must be registered with the Intellectual Property Corporation of Malaysia (MyIPO).*

*Note: These criteria apply only to those who want to participate in the Pernas Franchise Development Program.


How to Get Started

Complete the 2-day training programme course

Consultacy and advisory (3–6 months)

Financing Submission

Mentoring for 1-month

Financing disbursement

Start your business