MATRADE'S ROLE-SEF ENHANCES MARKET PRESENSE OF MSPS-MALAYSIA
- Adeeb Ul Mulk
- Jun 18
- 3 min read
SMI FUNDING: Your Trusted Partner for Government Grant Applications
In the dynamic landscape of international trade, Malaysian Service Providers (MSPs) face the challenge of expanding their services beyond borders. The Services Export Fund (SEF), administered by MATRADE, offers a strategic avenue to enhance global competitiveness, accessibility, and market presence. Navigating the complexities of grant applications can be daunting, but with SMI FUNDING, the process becomes streamlined and effective
Why SMI FUNDING Stands Out
SMI FUNDING has established itself as a premier financial advisory firm specializing in government grant applications. Their expertise encompasses the entire grant application process—from meticulous documentation preparation and crafting compelling proposals to seamless submission and diligent follow-up until disbursement. This comprehensive approach ensures that MSPs can focus on their core operations while SMI FUNDING handles the intricacies of grant acquisition.
SEF Grant: Empowering Malaysian Service Providers
The SEF is designed to assist MSPs in undertaking activities that expand and venture into international markets. The assistance is extended in the form of a reimbursable grant, with disbursements structured according to the maximum allowable amount for each eligible activity over the period 2021–2025. The objectives of the SEF are:
Enhancing Competitiveness: Increasing the competitiveness of Malaysian Service Providers (MSPs) overseas.
Expanding Accessibility: Increasing accessibility and expanding the export of MSPs in the global market.
Broadening Export Promotion: Expanding the scope for export promotion to gain market access and export opportunities for services.
Elevating Malaysia's Profile: Raising the profile of Malaysia at the international level as a competent service provider and branding Malaysia as a supplier of services
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.
Eligible Activities Under SEF
The SEF grant covers a range of activities aimed at facilitating the international expansion of MSPs. These include:
Activity 1: Promoting Malaysian expertise as a provider of services at international events held overseas, such as conferences, forums, workshops, seminars, or as a participant in international competitions for the services industry held abroad.
Activity 2: Travelling expenses to international destinations for tender bidding; or 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 the 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 customization/localization 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
The maximum grant disbursed is according to the maximum amount of each activity, up to a total of RM4.3 million per company for the duration of the period 2021–2025.
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's Role in the SEF Application Process
SMI FUNDING's consultants are dedicated to helping businesses identify the perfect grant or financial solution while expertly handling every step of the process—from crafting compelling proposals and managing submissions to navigating the approval journey. They remain by your side, ensuring seamless execution and success until your grant is secured
Conclusion
For Malaysian Service Providers aiming to expand their global footprint, the SEF grant presents a valuable opportunity. Partnering with SMI FUNDING ensures that the complexities of the grant application process are expertly managed, maximizing the chances of securing funding and achieving international success
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.
Comments