Winners

3 winners will be selected from the pool of applicants, following a strict evaluation process. This includes shortlisting 10 applicants and a presentation round.

Grant amount

Each winner will receive MVR 500,000 to grow or establish a business.

Duration

A Relationship Manager will be appointed for each winner by the Bank for a period of 1 year as after-care support to the winners. Winners are required implement the business idea within 12 months.