Notice Board

Posting Date 25/08/2007

Matching Grant for Product and Process Improvement 

Definition of SMEs

Companies with annual sales turnover not exceeding RM25 million OR full time employees not exceeding 150.

Qualifying Criteria

•    Companies incorporated under the Companies Act 1965 OR enterprises incorporated under the Registration of Business Ordinance 1956

•    Fulfill definition of SMEs

•    At least 60% equity held by Malaysian

•    Possess valid premise license

Qualifying criteria for enterprises in the manufacturing sector registered under business ordinance 1956 are eligible to apply the following grants up to 80 percent of the approved costs :

Ø     Matching Grant for Business Start ups

Ø     Matching Grant for Enhancing Product Packaging

Ø     Grant for Enhancing Marketing Skills of SMEs

Ø     Grant for Skills Upgrading 

•  This flexibility is only for a period of 3 years until May 2009. These enterprises are expected to upgrade their companies to Sdn. Bhd. in order to continue receive of financial assistance.

Eligible Expenses

•    Provides matching grant to SMEs for improvement and upgrading of existing product/s and process (maximum grant RM 500,000):

-      Technology Feasibility Studies

-      Fees for technology transfer (e.g. technical licensing/ disclosure / agreement/   

       acquisition and blueprint/ drawing)

-      Development of prototypes and system design

-      Product testing

-      Product registration

-      Marking and labelling (e.g. Bar-coding)

-      Machine & equipment testing and calibration

-      Development & designing of equipment and machinery (including jigs,

       moulds and dies as well as ICT-related activities)

  -    Purchase of machinery and equipment subject to maximum matching grant

       RM100,000 per application

-      Initial patent registration/patent search/ IP Protection

-      Specific Project Mission (e.g. Mould & Die)

-      Cleaner Production & Waste Treatment Project including Energy Efficiency

       Audit