Want To Get MSME Assistance? Here Are The Requirements You Must Meet

MSME assistance funds (Kulon Progo Regency)

JAKARTA - Minister of Cooperatives and SMEs Tetan Masduki said that his party plans to launch the President Assistance for Productive Micro Enterprises (BPUM), or better known as MSME 2021 Direct Cash Assistance (BLT).

Teten explained that this assistance was part of the National Economic Recovery (PEN) program. The program that has been implemented before consists of two clusters. Namely, micro-entrepreneur clusters that are unbankable, or have never received assistance from a bank.

Meanwhile, the second cluster is for business groups that have been registered with banks and have received assistance from People's Business Credit (KUR).

"The government continues to finalize financing alternatives for MSMEs and cooperatives that are cheap, easy, and fast so that MSMEs can quickly advance to class," explained Teten as quoted by kemenkopukm.go.id, Monday, March 22.

Meanwhile, Teten has also signed general guidelines for the distribution of assistance to business actors. So, how do you register for MSME assistance? What conditions should you prepare? Here's a more complete description.

Requirements for registering for UMKM assistance

Like the previous wave, MSME assistance was only given to business owners once. The assistance will later be provided in the form of money in the amount of IDR 1.2 million.

According to general guidelines, the President Assistance for Productive Micro Enterprises (BPUM) funds themselves will be channeled directly to the beneficiary's account. For the record, business actors who have received or are currently receiving the credit from banks will not be able to get this assistance.

More completely, here are some requirements to register for MSME assistance that you must fulfill:

• Indonesian Citizens.
• Have an Identity Number.
• Owning a micro business that must be proven by a letter of proposal for BPUM recipient. candidates from the BPUM proposer as well as attachments in one document.
• Not registered as Civil Servants (ASN), members of the Indonesian Police, members of the Indonesian National Army BUMD, or BUMN employees.
• Submitting a letter of proposal for potential BPUM recipients obtained from the proposing institution.

There are several institutions proposing the recipients of the President Assistance for Productive Micro Enterprises (BPUM) that you can visit. Among other things, the offices of cooperatives and micro, small and medium enterprises at the provincial or city level; a cooperative that has been legalized as a legal entity; banking ministry or institution; as well as government credit program channeling agencies registered with the Financial Service Authority (OJK) and Public Service Agency (BLU).

 

Registration Procedure

The Director-General of Budget for the Ministry of Finance (Kemenkeu) Askolani said that the budget for this assistance fund will begin to be held in March 2021. The government is targeting 9.8 million MSME entrepreneurs who will receive grants of IDR 1.2 million this year.

If you have not registered and are interested in getting this assistance, here are the procedures you can do:

1. First, open the site https://oss.go.id/portal/informasi/content/panduan_mikro_kecil
2. Next, login to OSS v1.1 via the https://oss.go.id page using your account.
3. Click the Business Licensing button, then click the Individual menu, then select one of the two options available.
4. If you have a micro-scale business, click the Micro Individual NIB (Business Identification Number) Registration button.
5. If you have a small-scale business, click the Small Individual NIB Registration button.

Well, that's how to register for MSME assistance that you can try yourself. Hopefully, with the information above, it can help you get this grant from the government.