Bank of Maldives today announced the opening of applications for the BML Startup Grant 2024. The grant is targeted at emerging entrepreneurs to win funding to start or grow a business in the Maldives.

The BML Startup Grant offers two aspiring businesses the opportunity to secure MVR 500,000 in grant funding each. In addition to financial support, the Bank will provide comprehensive financial advice to guide the winners in successfully executing their business plans. Individuals and newly registered businesses are eligible to apply.

BML’s Acting CEO, Aishath Noordeen commented that empowering local entrepreneurs is a cornerstone of sustainable economic development.

This grant underlines our 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."
Aishath Noordeen, BML’s Acting CEO

Applications must be emailed to [email protected] before 11:59 pm on 17th October 2024.

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