Bioeconomy Corporation is the lead development agency for the bio-based industry in Malaysia, under the purview of Ministry of Science, Technology, and Innovation (MOSTI). Bioeconomy Corporation is responsible for executing the objectives of the National Biotechnology Policy (NBP) and acts to identify value propositions in both R&D and commerce and to support these ventures via financial assistance and developmental services.
The BCF 2.0 programme is administered by Malaysian Bioeconomy Development Corporation (Bioeconomy Corporation) in collaboration with Malaysian Industrial Development Finance Berhad (MIDF) as the BCF Programme Operator.
It is a soft loan programme offered to the following target groups:
The funding is a business development investment for Small and Medium enterprises, divided into two (2) types of schemes:
Cost: A profit rate of 5.00% will be charged on yearly rest basis on the amount disbursed