Grant

List of Grant from Ministries or Agencies

The government of Malaysia under several ministries or agencies offered grants to the Malaysian and also Foreigners that looking forward to set up, expand, diversify and modernize their business in Malaysia. Below are the type of grant offered by ministries or agencies which we can give advisor on application.

Geran Perniagaan Mikro (GPM)

SME Corporation Malaysia

Type Of Grant:

Machinery, Software, E-Commerce, Advertising

Maximum Grant RM200K

Status :

Closed

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).

Kriteria Kelayakan

Mempunyai pengesahan sebagai perusahaan mikro dalam Sijil Akuan Status PMKS yang sah tempoh [Status PMKS] [Definisi PMKS]
Sekurang-kurangnya 60% milikan tempatan
Mempunyai Lesen Premis Perniagaan yang sah daripada Pihak Berkuasa Tempatan
Telah beroperasi sekurang-kurangnya selama 6 bulan
Terbuka kepada semua sektor ekonomi kecuali sektor berkaitan pertanian asas, kewangan, insurans, hartanah dan urusan berniaga dalam sekuriti

MALAYSIA DIGITAL ACCELERATION GRANT

MDEC (Malaysia Digital Economy Corporation (MDEC) Sdn Bhd)

Type Of Grant:

R&D, Digitalization, Commercialization

Maximum Grant RM5Mil

Status :

Opening Soon

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.

Criteria

Eligible company
Incorporated in Malaysia under Companies Act 1965 or the Companies Act 2016; and
Minimum paid up capital of at least RM50,000.00
MSC or MD status companies or MD status to be approved within the grant period
The SSM of a company should reflects a digital business presence. If there is no digital business presence in the SSM, the application will be rejected.
The company must be in operation for at least one (1) year.
The company must be related to technology as per stated in the SSM; and/or Company demonstrated technology related to Malaysia Digital (MD) promoted sectors and tech enablers.
Must be approved MSC Malaysia/Malaysia Digital (MD) status company within twelve (12) months or to remain as MSC Malaysia/Malaysia Digital (MD) status from effective date of the Grant Period.

Click here to download full version of Eligibility Criteria

MALAYSIA DIGITAL PROMOTED SECTORS

Digital Agriculture
Digital Services
Digital Cities
Digital Health
Digital Finance
Digital Trade
Digital Content
Digital Tourism
Islamic Digital Economy

*Not limited to the above-mentioned sector.

TECH ENABLER

Artificial Intelligence & Big Data Analytics
Blockchain
Cloud & Data Centre
Cybersecurity
DroneTech
Internet of Things
Robotic, Automation & Extended Reality
Creative Media Technology including extended reality (XR) and/or mixed reality (MR)
Integrated circuit (IC) design and/or embedded software
Advanced network connectivity and/or telecommunication technology

INCENTIVE AMOUNT

Local Owned Company

Up to 70% of total cost or up to
RM5 Million whichever is lower.

Grant Duration:

The quantum of Funding period of up to three (3) years.

Foreign Owned Company

Up to 70% of total cost or up to
RM5 Million whichever is lower. Officially
registered and currently operational in Malaysia.

Grant Duration:

The quantum of Funding period of up to three (3) years.

PROGRAMME FOR ENHANCEMENT OF STRATEGIC INDUSTRY AND HIGH GROWTH ENTERPRISE (PRESTIGE)

SME Corporation Malaysia

Type Of Grant:

R&D

Maximum Grant RM500K

Status :

Closed

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

Criteria

PRESTIGE aspires to create home-grown champions through a targeted approach by building the capability and capacity of participating companies through development programmes, provision of market intelligence and enhancement in market access with the following elements:

Technological Adoption
Improving participating SMEs’ technology capability through the adoption of IR4.0 related activities that will increase manufacturing capability and efficiency:
Organisational Transformation
Developing action plans for the SMEs to address the identified gaps and supporting their business process transformation through modification of policies, procedures, and processes according to the respective industry’s requirements; and
Marketing Strategy
Development of marketing activities and strategy to expand participating SMEs’ market share and global presence.

Guildline

SME GO GLOBAL (SMEGO)

SME Corporation Malaysia

Type Of Grant:

Export

Maximum Grant RM200K

Status :

Closed

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:

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.

Criteria

Possess Malaysian SME Status Certificate issued by SME Corporation Malaysia.
At least 60% Malaysian equity.
Valid business licenses from local authorities and operating at valid business premises (subject to business activities).
Have been in business operations for at least 3 years.
Minimum 3-Star SCORE rating and above and reach the latest annual sales of at least RM1 million.
Audited Financial Statement for at least 2 years.
Submit business income tax statement (with valid evidence) under the Income Tax Act 1967.

GALAKAN EKSPORT BUMIPUTERA (GEB)

SME Corporation Malaysia

Type Of Grant:

Export, Certificate

Maximum Grant RM250K

Status :

Closed

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

Galakan Eksport Bumiputera Programme (GEB) - maximum grant up to RM250,000.00

*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.

Criteria

Possess Malaysian SME Status Certificate issued by SME Corporation Malaysia.
At least 60% Bumiputera equity
Valid business licenses from local authorities and operating at valid business premises (subject to business activities).
Have been in business operations for at least 3 years.
Minimum 3-Star SCORE rating and above and reach the latest annual sales of at least RM1 million.
Audited Financial Statement for at least 2 years.
Submit business income tax statement (with valid evidence) under the Income Tax Act 1967.