National SME Incubator Scheme (NSIS)

Accompanying your business idea in a conducive ecosystem
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Overview

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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.