Grant
What is government grant?
To encourage SMEs:
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Undertake export promotion to penetrate new market
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To conduct market feasibility studies and 50% match Grant on the expenses in above
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Matching grant to SMEs for improvement and upgrading of existing products, product design and processes upgrading.
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Must fall under SME definition
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Manufacturing / Trading / Services (excluding insurance and financial services)
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At least 60% equity held by Malaysians
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Possess valid premise license
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Manufacturing or manufacturing related activities or agro-based industries Company:
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With annual sales/revenue of less than RM50 million or full-time employees of less than 250 persons.
Services Sector Company:
Annual Sales of less than RM10 million or full-time employees less than 50 persons.
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Maximum RM 5,000,000 on the eligible packaging, design and labeling cost, and government will match 50% of the total cost.
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They have right to cut down
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Technology Feasibility Studies
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Development of prototypes and system design
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Product testing
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Product registration
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Machine & equipment testing and calibration
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Machinery and equipment
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Initial patent registration/patent search/ IP Protection
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Gather all the information needed.
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We will determine whether can do or not?
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If yes, get the Managing Director sign & chop the application form.
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Sign a simple agreement with us
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Submission to Government Authority
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Visit by officer
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Approval will be out in 5 to 6 months’ time
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After submitted the claim, the money released
