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FREQUENTLY ASKED QUESTIONS 1. What is SUPERB?

Skim Usahawan Permulaan Bumiputera or SUPERB is a RM100 million grant fund to finance Bumiputera start-ups. Each team of entrepreneurs has to go through a business challenge by pitching their ideas for funding approval. There are 4 application windows throughout the year. 2. How does SUPERB support entrepreneurs? Winners of SUPERB Business Challenge would be offered funds up to RM500,000 per company to develop their ideas into prototypes/proof-of-concepts and/or to attain commercialisation. In addition to providing funds, SUPERB also offers developmental services and commercialisation support which includes mentorship, training for competency building and possibly further funds from venture capitalists. 3. Who are SUPERBs Strategic Partners? SUPERBs strategic partners can be divided into three (3) different groups according to their various roles. They are: Fund Partners: Financial investors such as venture capitalists, angel investors or commercial investors. Industry Partners: Industry-specific organisations that can help promote SUPERB and provide input on industry needs and expectations. Outreach Partners: Organisations or individuals situated outside the Klang Valley which will help promote SUPERB in the respective state where it is based and provide input on the states industry needs and expectations. TERAJU would from time-to-time appoint new Strategic Partners when the opportunity arises. 4. Is my idea safe with SUPERB? TERAJU considers all submitted applications as confidential and treats all team matters accordingly. However, we cannot guarantee protection of proprietary matters. Therefore, we strongly encourage any team with concerns regarding intellectual property, trademark, design, copyright or patent confidentiality to either contact the Malaysian Intellectual Property Organisation (MyIPO) or to seek professional legal advice from competent legal counsel before submitting application for SUPERB. TERAJU shall not be responsible for any loss, direct or consequential, in respect of any proprietary information and/or intellectual property included in a submitted application. Ultimately, protection of sensitive materials is the sole responsibility of the individual or team applying for the SUPERB grant

Application 1. Can I post my application? No. All completed SUPERB applications can only be submitted via email to: superb.application@teraju.gov.my 2. If I am currently a bankrupt, can I still apply? No. However, if you have been discharged, we will require your release letter as proof and your application will be scrutinised further for consideration. As this is a government-related funding facility, we have to follow the national guidelines and laws relating to bankruptcy laws governed under the BAFIA 3. How many ideas or applications can I submit? You can submit as many ideas as you want as an Applicant. However, we will only approve one (1) idea from you 4. Can I apply for SUPERB grant if I have already applied, received or been approved for funding from Malaysian government? You can only apply for SUPERB grant if you have not received or been approved for funding from Malaysian government. 5. If I have received or I am currently receiving other financial assistance (i.e. loan) for a particular idea, can I still apply for the same idea? No. SUPERB is for entrepreneurs who have not received any financial assistance. 6. If I need further information about SUPERB or need any assistance, how do I go about it? You can contact us via email at superb.enquiry@teraju.gov.my

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