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Newsletter: August 2007
Financial Assistance
Schemes for SMEs by SMIDEC Definition of SMEs 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 :
Ψ
Matching Grant for Business Start
ups
Ψ
Matching Grant for Enhancing
Product Packaging
Ψ
Grant for Enhancing Marketing
Skills of SMEs
Ψ
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. MATCHING
GRANTS Matching
Grant for Business Start-ups
Provides assistance to assist startup of businesses
Eligible expenses (maximum grant RM 40,000):
-
Preparation of Business Planning
-
Related Feasibility Studies
-
Rental of equipment and machineries
-
Development of prototype
-
Product sample and testing
-
Rental of incubators and business premises up to 24 months Matching
Grant for Product and Process Improvement
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
Matching Grant for Certification and Quality Management Systems
Provides matching grant to assist SMEs in obtaining quality
and product certification and quality management systems
Eligible expenses (maximum grant RM 250,000):
ISO13485, ISO14000, ISO22000 (*ISO 9002 excluded, except
for Professional Service)
-
Product certification
-
Hazard Analysis Critical Control Point (HACCP)
-
TS 16949
-
Quality Improvement Practice e.g. 5S, Six-Sigma and Productivity
Audit
-
Good Manufacturing Practice (GMP)
-
Occupational, safety and health management system (OSHA)
-
Restriction of Hazardous Substance (RoHS)
-
Good Hygiene Practice (GHP)
-
Regulatory Impact Assessment (RIA)
-
Factory renovation for compliance to certification requirements
-
Other related costs to comply to the requirements of standards and
certification
Matching Grant for Market Development
Provides grant to assist SMEs in undertaking activities for
the development of export markets. The activities include:
-
Participation in Trade and Investment Missions
-
Specialized Marketing missions and In-store Promotion
-
Export market study up to a maximum matching grant of RM30,000
-
Industry related conferences
-
Participation in local and international trade fairs
-
Preparation of Promotional items up to a maximum matching grant of
RM15,000
-
Setting up of sales promotion office overseas up to a maximum
matching grant of RM50,000
Matching Grant for Enhancing Product Packaging
Provide assistance to SMEs to acquire and improve product
packaging, designing and labeling, thus enabling companies to enhance
product appearance and comply with market requirements.
Eligible Expenses (maximum grant RM 200,000):
-
Related costs and services for designing,
packaging, marking and labelling
-
Trade mark and patent registration
-
Purchase of machinery and equipment subject to
maximum matching grant of RM100,000 |
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