FOREIGN INVESTMENT ACCELERATOR FUND (FIAF) GRANT-MALAYSIA

The Foreign Investment Accelerator Fund (FIAF) in Malaysia provides a maximum reimbursable grant of RM500,000 per company, on a matching basis (50:50) for eligible expenses related to R&D and training, according to MIDA. This grant is designed to attract high-quality Foreign Direct Investment (FDI) aligned with the National Industrial Master Plan 2030 (NIMP 2030)

Training Program’s qualification:

·         Industrial Training program with local universities / institutions in technical and

vocational education and training fields (TVET) Note: Applicable for training grant

·         Technical training grant which is directly related to the approved project for full-time

Malaysian employees

To view available Government Grants, please visit here.

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Meeting with my client to discuss grant application requirements for their business expansion in Malaysia! #FinancialConsultant #GrantSubmission

Approved project for full-time Malaysian employees

A technical training grant that is directly related to an approved project for full-time Malaysian employees plays a crucial role in enhancing workforce capabilities in line with national economic priorities. These grants are typically offered by government agencies or institutions such as the Malaysian Investment Development Authority (MIDA) or Human Resource Development Corporation (HRD Corp), with the objective of equipping local employees with specialized skills needed to support high-impact projects in targeted industries such as manufacturing, engineering, digital technology, or green energy.

Guiding my client through the grant application process for their exciting project in Malaysia. Let's make their dreams a reality! #GrantApplication #BusinessExpansion

The grant is only for technical upskilling or reskilling programs that are in line with the needs of an approved project. An approved project is one that has been officially approved by the appropriate Malaysian authorities because it has the potential to help the economy grow, create jobs, or transfer technology. For example, if a company is building a new advanced manufacturing facility in Malaysia, the grant can be used to teach Malaysian workers how to use CNC machines, follow international quality standards, or use Industry 4.0 methods.

To qualify, the training must be clearly linked to the technical needs of the approved project, and the trainees must be full-time Malaysian citizens employed by the applicant company.

Course materials, travel costs, accommodation, and trainer fees might all be covered. If local training resources are not available, the training may be conducted overseas or in Malaysia. By giving these grants to local talent, the program raises Malaysia's long-term competitiveness by creating a workforce that is knowledgeable and adaptable, in addition to assisting projects in succeeding immediately.

To view available Government Grants, please visit here.

To get immediate answers please click here.

To get latest updates on Grants, Loans, Tax incentives & please click here.

To book a Free Call (Zoom/Audio) for detailed discussions with SMI FUNDING's Grant Specialist & Senior Loan Consultant, please click here.

SMI Funding is a leading financial advisory in Malaysia, renowned for its expertise in grant application preparation, crafting compelling proposals, and managing the entire process from submission to approval and disbursement. With a remarkable 95% success rate in grant approvals, SMI Funding has earned a solid reputation in the financial industry, making it the trusted partner for businesses seeking strategic funding support.