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Objective/Activity

The Domestic Investment Accelerator Fund (DIAF) – ESG Adoption is a matching grant for ESG adoption that was introduced to support Malaysian-owned Small and Medium Enterprises (SMEs) and Mid-Tier Companies (MTCs) in the manufacturing and selected services sectors for the transition into ESG practices.

The grant is given on a matching basis of either 50:50 or 70:30 based on a case-to-case basis with a maximum reimbursable amount of RM500,000 per company.

1. To facilitate and assist SMEs and MTCs to transition into ESG practices through validation and verification of ESG adoption, certification, disclosures, as well as for the subscription of technology system/ software for the purpose of ESG tracking and data collections;

2. To ensure Malaysian SMEs and MTCs remain relevant and competitive in the global supply chain and to have the opportunity to be part of the ecosystem for sustainable investment projects; and

3. To enhance the SMEs' and MTCs’ prospects for ESG-mandated funds from financial institutions, venture capital and private equity firms.

Pakej Bantuan

• Pembungkusan & Pelabelan

• Pengiklanan & Promosi

• Mesin & Peralatan (Produktiviti & Automasi)

• Adaptasi ICT & eDagang

• Sewaan premis perniagaan terhad kepada 12 bulan

• Aktiviti berkaitan bagi penerokaan pasaran ke luar negara & latihan / kursus / seminar / persidangan berkaitan eksport

Permohonan

Permohonan dibuka dari 20 September 2023 hingga 31 Oktober 2023 ATAU sehingga penerimaan permohonan mencapai jumlah komitmen maksimum yang diperuntukkan (yang mana terdahulu).

WHAT IS MALAYSIA DIGITAL ACCELERATION GRANT?

Malaysia Digital Acceleration Grant intent is to accelerate the growth of Malaysia Digital Status companies that are in commercialisation and expansion stages to become regional champions and is aligned with Malaysia Digital promoted sectors and tech enablers.

1) Encourage

Encourage and promote strategic, high growth and high impact activities in the digital focus areas in moving up the value-chain and ecosystem.

2) Accelerate

Accelerate business activities that bring significant impact to Malaysia’s Digital Economy in the context of expansion or enhancement of operations via technology adoption and continuous digital innovation.

3) Ensure

Ensure competitive and sustainable growth of the companies and be the testament of Malaysia as digital economic powerhouse.

SCOPE OF EVALUATION

• Reference should be past track record (where applicable), together with the branding and any other relevant information. Some criteria may include the following:

• Brand name;

• Expertise; and/or

• Influence in industry such as awards or recognitions.

• Local spending and capital growth, return of investment, benefits to Malaysia, both direct and indirect, where applicable.

• Other potential spill-over/benefits to local ecosystem and value-chain.

• Revenue, export market, number of jobs, type of jobs, potential technical exposure to locals. Emphasis on export should be focused on local companies so that they become regional or global.

• For foreign companies, emphasis should be on the establishment of new Malaysia Digital activities.

• Industry linkages, the establishment of a Centre of Excellence, training programmes for fresh graduates or the hiring of qualified employees, collaboration with tertiary institutions or academy for training and knowledge transfer.

Programme for Enhancement of Strategic Industry and High Growth Enterprise (PRESTIGE) aims at developing high growth SMEs in strategic sectors such as Medical Devices, Biotechnology, Aerospace, Rail etc. in line with the National Entrepreneurship Policy (DKN 2030).

The programme envisions the creation of globally competitive SMEs through two (2) strategic goals, namely:

• Expand the number of high growth and innovative firms to that generate a substantial share of employment and output; and

• Raise the productivity of high growth SMEs to boost incomes and standards of living.

Matching grant assistance with a maximum of RM500,000 for each participating SME for:

Applicable to all sector

Scope’s of grant:

• Product and Process improvement

• Production prototypes and standards

• Product testing and validation

• Compliance and regulatory certification

• Quality Management System and Manufacturing/ Enterprise Resource Planning (MRP/ERP)

• Marketing and promotional activities

In support of this strategy, the implementation of SMEs export enhancement programme provides financial assistance in the form of matching grant in order to SMEs with internationalisation activities through export programmes namely:

1. SMEs Go Global Programme (SMEGO - maximum grant up to RM200,000,00*Subject to current government policy and decision.

Applicable to all sector

Scope’s of grant:

Components of SMEs Export Enhancement Programme

• Market Linker and Practitioner Experts’ Services.

• Office Management Overseas.

• Manufacturing of product prototypes for international buyers.

• Export Packaging Enhancement and Services.

• International buyers‘ audit visits to Malaysia.

• Market Immersion Activites Overseas.

• Certification & Compliance with International Standards.

• Participation in e-marketplace / e-commerce.

• Traning / Courses / Seminars / Conferences Related to Export.