The Contribution from the promoter to show and prove his/her commitments/fidelity towards:
The successful implementation and continuous existence of the intended business
Honouring and correctly servicing the financial dept given that they have injected funds which are usually from their personal savings (after having worked hard at collecting same)
The requirements for personal contribution is as follows depending on the schemes:
DBS Scheme = 10% minimum
SME Scheme = 2.5% minimum
Fisheries Development Fund (FDF) = 5% minimum
Small Business Financing Agency Fund (SBFAF) = Nil
