Hasanah Social Enterprise Fund 2024(HSEF2024)
A Funding Programme by the Ministry of Finance of Malaysia (MoF), to Empower Businesses with measurable Social/Environmental Impact.
HSEF2024 seeks to provide financial support for early-stage businesses in Malaysia that aspire to scale their innovative solutions to meet financial as well as social and/or environmental objectives.
Who is Eligible to Apply?
The funding programme is categorised as below:
Category | Criteria | Funding Amount | Instrument |
Category I | Seeding Path
| Up to RM100,000 | Grant |
Category II | Growth & Scale Path
| Up to RM500,000 | Conditional Grant* |
Category III | Growth & Scale Path with Accreditation
| Up to RM750,000 | Conditional Grant* |
*Condition Grant combines both outright grant and debt. Please see FAQ for further details.
Preference will be given to enterprises that possess the SE Accreditation by the Ministry of Entrepreneur and Cooperatives Development.
Important Dates to Remember
The application cycle will open from 22nd April 2024 to 30 June 2024. Any further application cycle shall be subject to the availability of funding.
22 April 2024
Application opens
30 June 2024
Application closes
Process Flow for the HSEF2024
Complete the application through the website
Selected applications will be contacted by Yayasan Hasanah to proceed to the next stage
Selected applicants from stage 1 will required to submit further information, proposal and relevant documents.
Successful applicants will be announced by Yayasan Hasanah
Recipients are required to sign an agreement and commit to the funding terms and conditions plus your impact milestones
FAQ
To read a PDF of the full FAQs, please download here.
If our FAQ section does not answer your question, ask us at [email protected]