{"id":71,"date":"2020-12-11T08:06:04","date_gmt":"2020-12-11T08:06:04","guid":{"rendered":"https:\/\/khmersme.pegotec.pro\/\/?page_id=71"},"modified":"2024-09-08T22:11:42","modified_gmt":"2024-09-08T15:11:42","slug":"support-program","status":"publish","type":"page","link":"https:\/\/www.khmersme.gov.kh\/en\/support-for-sme\/support-program\/","title":{"rendered":"Support Programs"},"content":{"rendered":"\n

There are various support programs for Cambodian Micro, Small, Medium and Enterprises (MSMEs) available, either on an on-going basis or for a limited period of time. Support to MSMEs can be given in the form of fiscal incentives or through various programs managed at the national or regional level, such as the recent SME Co-Financing Scheme II (SCFS II)<\/a> of the SME Bank of Cambodia. MSMEs can also benefit from non-financial assistance in the form of programs and business support services.

KhmerSME intends to stay up to date with MSME support programs available and will write up a brief introduction to new and upcoming programs including respective links. Check-in here regularly to stay informed of current and upcoming programs which can catalyse your business.<\/p>\n\n\n\n

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Accessing Finance<\/strong><\/h2>\n\n\n\n

SME Bank of Cambodia<\/strong><\/a><\/p>\n\n\n\n

The government-owned SME Bank has launched with an initial budget of USD100 Million to support the development of Cambodian agro-businesses and SMEs that are linked to foreign direct investments, the tourism sector, and tech start-ups. The SME Bank makes it easier for small and medium-sized enterprises (SMEs) to access finance in all phases of their lifecycle \u2013 creation, expansion, or business transfer.<\/p>\n\n\n\n

As set out under the Cambodia Industrial Development Policy 2015-2025<\/a>, the bank will provide better and more affordable access to financing for SMEs in key priority sectors, including food processing, the manufacturing of local consumer goods, waste recycling, the production of goods for the tourism sector, the production of finished products, spare parts, assembling parts to supply other manufacturing, research and development associated with information\u200btechnology (IT), or the supply of IT-based services and enterprises located in SME cluster zones and enterprises developing a cluster zone.<\/p>\n\n\n\n

The bank has a mission to provide financing and commercial banking services in an effective and sustainable manner to support local SMEs enterprises with an objective to increase economic diversification and expand export volume.<\/p>\n\n\n\n

This will be in line with the policies set out by the Cambodian government. The SME Bank of Cambodia endeavours to provide four main value-added benefits to the SME community: better and more affordable access to financing, technical assistance to SMEs to enhance their productivity and efficiency, downstream business advisory support and facilitating access to regional markets.<\/p>\n\n\n\n

For more information, please check the official facebook page of the SME Bank of Cambodia <\/a><\/p>\n\n\n\n

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Supporting Entrepreneurs<\/strong><\/h2>\n\n\n\n

Khmer Enterprise<\/strong><\/a><\/p>\n\n\n\n

Khmer Enterprise (KE) is a new National SME Promotion and Development Center. The focus will be on business owners, scalable SMEs and entrepreneurial communities. KE will provide financial and non-financial support through different programs linked to the following priority sectors: tech start-ups, tourism, agro-processing, and manufacturing (import substitution), as well as industrial clusters.<\/p>\n\n\n\n

For more information, please check the official facebook page of Khmer Enterprise<\/a> <\/p>\n\n\n\n

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Credit Guarantee Corporation of Cambodia (CGCC)<\/a><\/strong><\/p>\n\n\n\n

Credit Guarantee Corporation of Cambodia (CGCC) is a state-owned enterprise established by a\u00a0Sub-Decree No. 140 ANKR.BK<\/a>\u00a0dated 01 September 2020. CGCC is operated under the technical and financial guidance of the Ministry of Economy and Finance (MEF).<\/p>\n\n\n\n

CGCC\u2019s mission is to provide credit guarantees to lenders on loans made to businesses based on international standards to share the risk with lenders and to improve financial inclusion.<\/p>\n\n\n\n

Scheme from CGCC<\/p>\n\n\n\n