If you are a business owner or entrepreneur in Indonesia, you may have heard of BPKM Regulation 4 2021. This regulation, which was issued by the Indonesian government, aims to support the growth of small and medium-sized enterprises (SMEs) in the country. In this article, we will provide an overview of BPKM Regulation 4 2021 and its implications for SMEs.
What is BPKM Regulation 4 2021?
BPKM Regulation 4 2021 is a regulation issued by the Indonesian government that aims to support the growth of SMEs in the country. The regulation was issued on 15 March 2021 and came into effect on 16 March 2021. The regulation is issued by the Indonesian Ministry of Cooperatives and Small and Medium Enterprises (Kemenkop UKM) and the Indonesian State-Owned Enterprises Ministry (BUMN).
The regulation provides guidelines for the implementation of a program called the “Unggulan” program, which aims to provide support to SMEs in various sectors. The program is aimed at promoting the development of SMEs in Indonesia and enhancing their competitiveness in the global market.
What are the objectives of BPKM Regulation 4 2021?
The objectives of BPKM Regulation 4 2021 are as follows:
- To support the growth of SMEs in Indonesia
- To enhance the competitiveness of SMEs in the global market
- To promote the development of SMEs in various sectors
- To provide a conducive environment for SMEs to grow and prosper
- To create jobs and contribute to the growth of the Indonesian economy
What are the key provisions of BPKM Regulation 4 2021?
BPKM Regulation 4 2021 provides guidelines for the implementation of the Unggulan program. The key provisions of the regulation are as follows:
- The program is aimed at SMEs in various sectors, including manufacturing, agriculture, fisheries, and services
- The program provides financial support to SMEs in the form of loans, guarantees, and equity
- The program provides non-financial support to SMEs in the form of training, mentoring, and consulting services
- The program encourages the participation of SMEs in government procurement
- The program encourages the participation of SMEs in export activities
- The program promotes the use of technology and innovation in SMEs
- The program promotes the development of clusters and networks among SMEs
What are the benefits of BPKM Regulation 4 2021 for SMEs?
BPKM Regulation 4 2021 provides a number of benefits for SMEs in Indonesia. These benefits include:
- Access to financial support in the form of loans, guarantees, and equity
- Access to non-financial support in the form of training, mentoring, and consulting services
- Opportunities to participate in government procurement
- Opportunities to participate in export activities
- Access to technology and innovation support
- Opportunities to develop clusters and networks among SMEs
What are the eligibility criteria for SMEs to participate in the Unggulan program?
The eligibility criteria for SMEs to participate in the Unggulan program are as follows:
- The SME must be registered with the Ministry of Law and Human Rights
- The SME must have a valid taxpayer identification number (NPWP)
- The SME must have a valid business license
- The SME must have a minimum of 51% Indonesian ownership
- The SME must have a maximum annual revenue of IDR 50 billion
- The SME must have a maximum total assets of IDR 50 billion
- The SME must have a good credit history
How can SMEs apply for the Unggulan program?
SMEs can apply for the Unggulan program by submitting a proposal to BPKM. The proposal should include a business plan, financial projections, and a description of the proposed project or activity. The proposal will be evaluated based on the eligibility criteria and the feasibility of the proposed project or activity.
Conclusion
BPKM Regulation 4 2021 is a regulation issued by the Indonesian government that aims to support the growth of SMEs in the country. The regulation provides guidelines for the implementation of the Unggulan program, which aims to provide support to SMEs in various sectors. The program provides financial and non-financial support to SMEs and encourages their participation in government procurement and export activities. SMEs that meet the eligibility criteria can apply for the program by submitting a proposal to BPKM. The program is expected to contribute to the growth of SMEs in Indonesia and enhance their competitiveness in the global market.
