From MATRADE (Malaysia External Trade Development Corporation)

The objectives are:

To increase the competitiveness of Malaysian Service Providers (MSPs) overseas;
To increase accessibility and expand export of MSPs in the global market;
To expand the scope for export promotion to gain market access and export opportunities for services; and
To raise the profile of Malaysia at the international level as competent service provider and brand Malaysia as a supplier of services.

Services Export Fund (SEF)

SEF provides assistance to Malaysian Service Providers (MSPs) to undertake activities to expand and venture into the international market. The assistance is extended in the form of reimbursable grant. The grant disbursed is according to the maximum amount of each activity and up to a total of RM4.3 million per company for the duration of the period 2021-2025

Eligible Activities For the Grant Funding?

Activity 1.

Promoting Malaysian expertise as a provider of services at international events held overseas, such as a speaker/ panelist/ moderator at conferences/ forums/ workshops/ seminars;

As a participant in an international competition for the services industry held abroad.

Activity 2

Travelling expenses to international destinations for tender bidding;

Purchasing tender documents for projects overseas.

Activity 3

Conducting presentations to potential clients for assessing business and projects overseas.

Activity 4

Rendering services for projects undertaken overseas.

Activity 5

Conducting a feasibility study for a specific international project overseas.

Activity 6

Initial costs for first 12 months of setting up a commercial office overseas.

Activity 7

Procuring commercial intelligence/ market reports for assessing business opportunities or projects in international markets.

Activity 8

Preparation of prototype, system customisation/ localisation to meet project requirements overseas

Activity 9

Participation fees in training programmes held overseas by certified bodies/ institutions for exporting services.

Activity 10

Registration fees for overseas industry certification including compliance to sustainability for exporting services.

Activity 11

Purchasing/ hire purchase/ renting of software, machinery and equipment for exporting services overseas.

Activity 12

Logistic costs involved in sending of Malaysian products and/ or equipment abroad (port to port), for overseas projects awarded to and implemented by Malaysian service companies.

CRITERIA

Incorporated under Companies Act 1965
At least 60% Malaysian equity
In operation at least 1 year
Not government link companies
Register with Matrade
Exporting Malaysia Product / Service
Must Be Malaysian Brand (Made in Malaysia)

RM 4.3 Million for period of 3 Years

OBJECTIVES OF SMART AUTOMATION GRANT (SAG)

SMI FUNDING is here to fully assist in meeting following application procedures from submission till approval and disbursement:

It is compulsory to submit application for approval in principle before undertaking Activity 5. The company must apply within the bid eligibility period or ninety (90) days of receiving the Letter of Intent / Invitation/ Interest (LOI) / Letter of Awareness / Agreement (LOA) from the government of the host country, government of Malaysia or international institution.
No approval in principle is required for Activity 1 - 4
Application must be submitted online to MATRADE at www.matrade.gov.my/sef/form
Applicant can either submit standard supporting documents and additional documents in hardcopy OR email the scanned documents to sef@matrade.gov.my
The hardcopy documents must be received by SEF Secretariat within seven (7) working days from the online submission date. The required documents are:
- One (1) set of SEF Online Application Form A and Form B and
- One (1) set of Standard Supporting Documents and Additional Documents

Purpose of the Grant

To increase the competitiveness of Malaysian Services providers (MSPs) overseas
To increase accessibility and expand export of MSPs in the global market
To expand the scope for export promotion to gain market access and export opportunities for services
To raise the profile of Malaysia at the international level as competent service provider and brand Malaysia as a supplier of services