New Grant For Product Development

Scope

The Scheme provides grants to SMEs to upgrade their production/engineering and design capabilities.

Funding

  ·  50% matching grant with the remainder of the cost to be borne by the applicant.

·  Maximum grant per company is RM300,000. 

Eligibility Expenses

Costs incurred in upgrading production/engineering and design capabilities such as:

  • purchase of related software (CAD, CAM, CAE, CAS)
  • enhancement of production capability through upgrading of equipment
  • development of prototype and costs of making moulds, dies, jigs and fixtures
  • training in the use of systems related to production, design, etc.

Implementing  Agency

            Small & Medium Industries Development Corporation (Smidec) 

Tel : 03-7660 8585      Fax : 03-7660 1919

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