BML Startup Grant applications close on 10 November

Two winners will each receive MVR 500,000 plus one year of mentorship support.

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Woman presenting in front of a screen at a BML Startup Grant session
BML Startup Grant session · Photo: The Standard Maldives

Applications for this year's Bank of Maldives Startup Grant close at 2:00 pm on 10 November.

Under the 2026 grant, two winners will each receive MVR 500,000 in financial support. In addition, winners will receive one year of mentorship from a dedicated BML relationship manager.

Both individuals and newly registered businesses are eligible. The grant is aimed at those looking to start a business or expand one that is less than a year old.

Applications can be submitted via email until the deadline. Further details on eligibility and the process are available on the BML website.

The Startup Grant was introduced in 2022 as part of BML's support for young entrepreneurs and new businesses across the Maldives.

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