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BML reminds to apply for Small Grants before September 15

Bank of Maldives (BML) has reminded the deadline for applications for the Small Grants, introduced as part of the series of 12 high-impact monthly community initiatives to celebrate its 40th anniversary, will expire on September 15.

The Small Grants is open for non-governmental organisations (NGOs) to carry out community-based projects that address environmental issues and promote sustainable development. In this regard, eight projects will be selected to win a grant of USD16,000 each to successfully implement the plan. BML Small Grants will provide free assistance to small and medium enterprises (SMEs) that will benefit society and address environmental issues.

All community-based NGOs legally registered in the Maldives can submit their applications. However, individuals, government bodies, business entities, and other institutions are not eligible for the grant.