National SME Incubator Scheme (NSIS)
Accompanying your business idea in a conducive ecosystem
The National SME Incubator Scheme (NSIS) is one of the key schemes of the MRIC aiming at promoting initiation and development of innovative start-ups facilitated by a network of Private Sector-led accredited business incubators.
The NSIS ensures a structured training/mentoring approach to start ups, provided by the NSIS Accredited Incubators in three phases:
i) Ideation: From idea to first plan.
ii) Incubation: From first plan to prototype.
iii) Acceleration: From prototype to first sales.
The NSIS has been in operation since December 2017, has incubated 181 projects, and graduated 13 start-ups as of January 2021.