GVPD – GRANT FOR HIGH VALUE ADDED PRODUCT DEVELOPMENT
Grant Amount :
Type of Grant :
Grant for High Value-Added Product Development (GVPD) aims to bridge the industry gap by assisting local businesses in their effort to produce complex and high value-added products.
To be eligible, your company must:
government related entity:-
recognised research institutions
institute of higher learnings / research universities
centre of excellence
public private partnership initiative
be a private company:-
SME or non-SME registered with SSM
with at least 60% equity / ownership held by Malaysians
involved in the manufacturing sector
that possesses a valid business license issued by local authority
that has been in operation for more than 6 months
product development programmes
research & competency development
accreditation, certification, intellectual property
testing of high value-added & complex product
Projects are to be completed within 12 months from the date of approval.
Maximum: RM1.5 million
Margin of Grant
Up to 90% of the total cost (as per eligible items).