By: Bridging Fund

Amount: Up to MYR

Description:

Research and Development (R&D) and innovation play an important role in advancing Science & Technology in a knowledge-based and

Requirements:

1. Technology Readiness Level (TRL 7-9) Refer to https://edana.mosti.gov.my/edana/frontend/web/guidelines/garispanduanbgfjan2021.pdf for more information.

By: Bumiputera Enterprise Enhancement Programme (BEEP)

Amount: Up to MYR

Description:

BEEP aims to create and develop competitive, resilient and dynamic Bumiputera SMEs through a comprehensive integrated assistance

Requirements:

1. Companies Commission of Malaysia either under the Registration of Business Act (1965) or Registration of Company Act (1965) or Limited Liability Partnership (LLP) Act 2012; 2. Respective authorize or district offices in Sabah and Sarawak; or 3. Respective statutory bodies for professional service providers 4. At least 60% Malaysian equity 5. Business license from the local Authority 6. At least 6 month on operation and full time business operator 7. Committed to undergo SCORE within 3 months from the date of approval NOT ELIGIBLE for Public Listed Companies in the Main Board / Secondary Markets/ Large Firms/ MNCs, GLCs, MoF Inc. & State Owned Enterprises Companies AND their subsidiaries.

By: Bumiputera Entrepreneurs Startup Scheme (SUPERB)

Amount: Up to MYR

Description:

SUPERB aims to develop ideas into prototypes/proof-of-concepts and/or to attain commercialisation. In addition to providing fund

Requirements:

1. Applicant is a Malaysian Bumiputera aged 18 to 40 years 2. Applicant is a new entrepreneur or an entrepreneur seeking a second chance 3. Company of applicant is at least 60% owned by Malaysian Bumiputera 4. Majority of company directors and management are Malaysian Bumiputera 5. Individual applicants, or companies operating less than 3 years, can apply

By: Bumiputera Exporters Development Programme

Amount: Up to MYR

Description:

This grant aims to grow competitive and sustainable Bumiputera exporters.

Requirements:

1. Must be Bumiputera-owned companies with majority or at least 51% of equity of the company owned by Bumiputera. The Bumiputera shareholding in the company can be held by either an individual or a group of Bumiputera shareholders. 2. The Chief Executive Officer and/or Managing Director must be a Bumiputera. 3. Fall under the new definition of a small and medium enterprise (SME). 4. In operation for a minimum of three years and has a certain level of market footprint/presence/share/dominance locally. 5. Companies dealing with merchandise goods or services must have a designated business premise or manufacturing facility with a dedicated address and not a PO Box. Bumiputera-owned companies based in Sabah and Sarawak can be given special consideration for the BEDP, on the basis of diversifying regional socioeconomic growth. 6. Bumiputera companies which are involved in technology-driven, high value-added and knowledge-based industries can be given preference.

By: Business Accelerator Programme 2.0 (BAP 2.0)

Amount: Up to MYR 50

Description:

BAP 2.0 supports SMEs and microenterprises (MEs) to develop and accelerate their businesses by providing integrated assistance w

Requirements:

Visit website for more info.

By: Business Scale-Up Programme (Biz-Up Programme)

Amount: Up to MYR

Description:

Business Scale-Up Programme (Biz-Up Programme) is an integrated assistance programme aimed to enhance the capabilities of small

Requirements:

1. Fulfil SME definition 2. Annual sales turnover exceeds RM300,000 per year 3. At least 60% local equity 4. Valid Business Premises Licenses from Local Authorities 5. At least six (6) months in operations 6. Has undergone or willing to undergo SCORE / M-CORE assessment

By: CIP SPARK

Amount: Up to MYR

Description:

CIP SPARK is a grant of up to RM150,000 for a maximum duration of eighteen (18) months, covers the development and pre-commercia

Requirements:

Criterias for Individua (minimum group of 2 pax): 1. Malaysians 2. Non-Malaysians residing in Malaysia Criterias for Company: 1. Less than 5 years old 2. Company's revenue

By: CIP SPRINT

Amount: Up to MYR

Description:

CIP SPRINT is a grant of up to RM600,000 for a maximum duration of eighteen (18) months, covers the commercialization of tech an

Requirements:

Criterias for Sdn Bhd: 1. Less than 7 years old 2. Company's revenue

By: Commercialisation of Research & Development Fund (CRDF)

Amount: Up to MYR

Description:

CRDF 1: Partial grant to conduct technology and market validation activities for R&D outputs by public universities / public res

Requirements:

1. The company is incorporated under the Companies Act 1965 2. The company must be at least 51% Malaysian-owned 3. The proposed technology acquisition must be from one of the Priority Technology Clusters identified by MOSTI 4. The R&D must have been completed successfully and a commercial-ready prototype is available

By: Dana Bantuan Pembangunan Francais (DBPF)

Amount: Up to MYR

Description:

To encourage local entrepreneurs to convert their conventional business to franchise business

Requirements:

1. Must apply using BPF3 form 2. Bumiputera company 3. DBPF claim should not exceed 2 years from the date of franchise licenses 4. The company must participate in franchise development programme 5. The assistance is only for business format franchise 6. The company has appointed at least five (5) Bumiputera franchisees 7. Each company is only eligible to receive assistance for one product only and if the company get another assistance for different product, they should develop it under a different company

By: Development Assistant Grants

Amount: Up to MYR

Description:

This program aims to intensify and increase cooperative involvement in potential and viable business activities to increase coop

Requirements:

Refer to https://www.skm.gov.my/index.php/my/perkhidmatan/geran-bantuan-pembangunan for more information.

By: Development Fund

Amount: Up to MYR

Description:

Development Fund focuses on the development stage of the Project, the stage WHERE it involves idea generation, production design

Requirements:

1. The applicant is a company incorporated in Malaysia. 2. More than Fifty Per Cent (50%) of the legal and beneficial ownership of the applicant is vested in Malaysian(s). 3. The applicant is not the subject of a winding up order. 4. The applicant has received funding from MDEC and/or any other ministries or agencies under the Government of Malaysia of any amount exceeding RM150,000.00 (in a single case): (a) all such fund have been fully utilised; (b) all projects thereunder have been completed i.e. all milestones have been delivered to the satisfaction of the provider of such funding as duly acknowledged and certified by the provider of such funding. 5. The applicant fulfils at least One (1) of the following: (a) the applicant has a minimum of Two (2) years track record in the development of creative works whether as an outsourced service provider or in creation of original works (b) WHERE the applicant has been in operation for less than Two (2) years, the Applicant must have a minimum of Two (2) staff [WHEREby at least One (1) of the staff has at least Three (3) years track record of delivering projects in its employment

By: Domestic Investment Strategic Fund

Amount: Up to MYR

Description:

This grant aims to accelerate the shift of Malaysian-owned companies in targeted industries to high value-added, high technology

Requirements:

1. Incorporated under the Companies Act, 1965 / Companies Act, 2016. 2. New companies in the manufacturing and services sectors with Malaysian equity ownership of at least 60%. 3. Existing companies in the manufacturing and services sectors with Malaysian equity ownership of at least 60% undertaking reinvestments (expansion / modernization / diversification). 4. Companies producing promoted products / engaged in promoted activities in the focusing sectors.

By: Facilitation Fund

Amount: Up to MYR

Description:

Facilitation Fund was created as a tipping point for private investment initiatives. A 15% grant of the total eligible costs for

Requirements:

1. The effective Bumiputera shareholding in the company is at least 51%. 2. For a Public Listed Company (PLC), at least 35% effective Bumiputera shareholding. 3. The CEO / MD or highest management position must be a Bumiputera. 4. Companies investment value in project should be at par or more than 50% of total fund applied. 5. Has the required capacity, ability, skills and experience required for project execution. 6. Has strong financial position and able to secure commercial financing for the project. For (1), (2) and (3), successful applicant companies will be required to comply with the requirements until 3 years upon completion of project.

By: Galakan Eksport Bumiputera (GEB) Programme

Amount: Up to MYR

Description:

This grant aims to increase the number of qualified & high performing Bumiputera SMEs with export market potential and to create

Requirements:

1. Registered under the Company Act 1965 2. Fulfill the definition of SME 3. At least 60% Bumiputera equity 4. At least two (2) years business operation 5. Obtain business license from the Local Authority 6. SCORE rating of 3-star and above 7. Product / service made in Malaysia

By: Global Tech Fund for Driving Investments in R&D&C

Amount: Up to MYR

Description:

GTF targets foreign technology companies to set up Centre of Excellence to conduct high value technology innovation/R&D activiti

Requirements:

1. Foreign Technology Company – a business entity incorporated in Malaysia with paid-up capital of at least RM50,000. 2. You are required to maintain project team composition (minus the finance staffs) of at least 50% Malaysians throughout your proposed project funding duration.

By: Global Tech Fund for Nurturing Global Champions

Amount: Up to MYR

Description:

GTF targets local scale-up technology companies who are ready to go into their first global market or expand their existing glob

Requirements:

1. Local Technology Company – a business entity incorporated in Malaysia with paid-up capital of at least RM20,000; 2. Malaysian equity of at least 51%. 3. You are required to maintain project team composition (minus the finance staffs) of at least 50% Malaysians throughout your proposed project funding duration.

By: GroomBig

Amount: Up to MYR

Description:

To upgrade small & medium entrepreneur so they will be viable and able to compete in open market and export. The program approac

Requirements:

1. Small and medium Bumiputera entrepreneurs involved in producing food products and drinks 2. Registered under Registration of Business (ROB) or incorporated under Companies Act (ROC) 3. Have production facility 4. Agree to partly finance from project cost

By: Halal Technology Development Fund (HTDF)

Amount: Up to MYR

Description:

Halal Technology Development Fund is specifically designed to finance and nurture small and medium enterprises (SMEs) for long-t

Requirements:

1. The company is incorporated under the Companies Act 1965 2. The company must be at least 60% owned by Malaysian(s) 3. The company qualifies as an SME according to the guidelines on new SME definition 2013 by SME Corp. Malaysia 4. The company has already obtained halal certification from Department of Islamic Development Malaysia (JAKIM) 5. The company must not be a subsidiary of a GLC/MNC1. 6. For Halal Fund 2, all the criteria listed above (Halal Fund 1); and the products or services have already been exported.

By: Industry4WRD Intervention Fund

Amount: Up to MYR

Description:

This grant aims to transform the Malaysian manufacturing industry and its related services to be smarter, more systematic and re

Requirements:

1. Incorporated under the Companies Act 1965/ Registration of Business Act (1956) 2. Hold a valid Manufacturing License (ML) and/or business licenses 3. In operation for more than three (3) years in the current business line

By: Inovasi Akar Umbi MaGRIs (MaGRIs)

Amount: Up to MYR

Description:

MaGRIs aims to enhance and drive potential Growth and Commercialization of Potential Inner Roots in Malaysia through collaborati

Requirements:

1. Malaysians aged 18 years and over; individually or group. 2. Such innovation must meet the definition of "Inovasi Akar Umbi" as set out below: - The product or process of innovation developed by the lower income group, usually aimed at meeting the basic needs as well as addressing the challenges and challenges of life, OR - Community-led innovation to achieve the sustainability of life which often difficult to expand into other markets. 3. Innovations of high value, positive impact and contributing to the well-being of the rural community. 4. Original ideas or improvements from existing innovation. 5. The included innovation must have reached the prototype phase (almost ready) or ready to be developed. 6. All entries must be received by the organizer latest by February every year. 7. Innovations selected by the MaGRIs Evaluation Committee will be given guidance and development support to the pre-commercialization level. 8. All selected participants must agree to participate and complete the entire program and meet the t&c. 9. The decision of the Evaluation Committee of the MaGRIs is final and the announcement will be made by letter or email, in March each year.

By: IP Filing Fund For Youth

Amount: Up to MYR

Description:

This fund is provided for youth (age 18-14 yrs) for the application of intellectual property registration covering: Trademark; I

Requirements:

1. This grant is eligible only for the first time registration, based on the first come first serve basis and availability of fund. 2. Not getting any other funds for the filing of intellectual property for the relevant application in the same year 3. The criteria are as follows:- i. Trademark : The applicant has never made a trademark filing at MyIPO subject to one application only ii. Industrial Design : Applicants must have a new design and have not filed at MyIPO subject to an application for individuals and organizations iii. Copyright : Applicants must have a new design and have not filed at MyIPO subject to an application for individuals and organizations iv. Geographical Indicator : Applicants must have never filed Geographical Guidelines at MyIPO subject to 2 applications only.

By: Market Development Grant (MDG)

Amount: Up to MYR

Description:

This grant aims to assist Malaysian Small and Medium Enterprises (SMEs), Professional Service Providers, Trade & Industry Associ

Requirements:

1. Small and Medium Enterprises (SMEs): a) Incorporated under the Companies Act 1965 b) At least 60% equity is owned by Malaysian(s) c) Exporting products made in Malaysia or Malaysian services; and fulfilling the following criteria: Manufacturing (including agro-based): i. Annual sales turnover not exceeding RM50 million (based on the latest Audited Financial Statement) OR ii. Full-time employees not exceeding 200 (based on the latest EPF Statement) Trading: i. Annual sales turnover not exceeding RM20 million (based on the latest Audited Financial Statement) OR ii. Full-time employees not exceeding 75 (based on the latest EPF Statement) Services (excluding real estate, tourism, financial & insurance industry): i. Annual sales turnover not exceeding RM20 million (based on the latest Audited Financial Statement) OR ii. Full-time employees not exceeding 75 (based on the latest EPF Statement) 2. Professional Service Providers (Sole Proprietor or Partnership): a) Incorporated under the Registration of Business Act (1956) / Registered under the respective statutory bodies for professional services providers b) At least 60% equity owned by Malaysian c) Exporting Malaysian services; and fulfill any of the following criteria: i. Annual sales turnover not exceeding RM20 million (based on the latest Audited Financial Statement) OR ii. Full-time employees not exceeding 75 (based on the latest EPF Statement) 3. Trade & Industry Associations, Chambers of Commerce & Professional Bodies: Registered with the Registrar of Society (ROS) or Associated Professional Authority.

By: Mid-tier Companies Development Programme (MTCDP)

Amount: Up to MYR

Description:

This grant aims to help local mid-tier companies (MTCs) in Malaysia to accelerate their export growth and to strengthen their co

Requirements:

1. Innovative, sustainable and scalable business model 2. Positive growth and more than 5% of CAGR for the past 5 years. 3. Involved in NKEA or MITI High Impact sectors 4. At least 60% Malaysian ownership (for listed companies, traceable ownership of top 20 shareholders) 5. Currently exporting 6. Not a subsidiary of a company with revenue of more than RM500 million

By: MOSTI Applied Innovation Fund

Amount: Up to MYR

Description:

Innovation contributes to the increased productivity and economic growth and well-being of society. It can consist of combinatio

Requirements:

1. Technology Readiness Level (TRL 2-4) Refer to https://edana.mosti.gov.my/edana/frontend/web/guidelines/garispanduanaifjan2021.pdf for more information.

By: MOSTI Combating Covid-19

Amount: Up to MYR

Description:

The Ministry of Science, Technology and Innovation (MOSTI) welcomes all Malaysians to submit innovative proposals to combat the

Requirements:

1. Technology Readiness Level (TRL 2-9) Refer to https://edana.mosti.gov.my/edana/frontend/web/guidelines/mccof112020.pdf for more information.

By: Public-Private Research Network (PPRN)

Amount: Up to MYR

Description:

This grant aims to close the technological knowledge gap, increase productivity and strengthen Malaysian economic development th

Requirements:

1. Application is open for all companies registered in Malaysia with annual sales turnover of more than RM50,000. 2. Proposed projects need to be technological in nature, WHERE companies must have the technology / technical problems or issue in the existing products and / or processes. 3. The product must be at the commercial stage and already in the market. 4. Priority will be given to projects that can be completed within six months, but PPRN may consider project duration up to a year if it has significant social and business value. 5. The Ministry of Higher Education Malaysia through PPRN will finance a portion of the total cost; and companies should also be ready to co-finance the project.

By: Service Export Fund (SEF)

Amount: Up to MYR

Description:

This grant aims to increase the competitiveness of Malaysian Service Providers (MSPs) overseas. to increase accessibility and ex

Requirements:

1. Registered with MATRADE under Malaysia Exporters Registry (MER); 2. Malaysian companies incorporated under the Malaysian Companies Act 1965; or 3. Malaysian professionals either sole proprietors / partnerships registered with respective professional authorities in Malaysia; and 4. Having at least 60% equity owned by Malaysian; 5. Company must be currently active in business for at least one year; 6. Exporting Malaysian services or products made in Malaysia; 7. Export promotional activities must not be subsidised or sponsored by third parties (e.g. Ministries or Government agencies / Trade and Industry Associations / Chambers of Commerce / Professional Bodies and others); 8. Have the relevant experience, technical capabilities, capacity to export, financial capacity and have demonstrated competence to be an international services provider either individually or in a consortium

By: SIRIM-Fraunhofer Programme

Amount: Up to MYR

Description:

This grant aims to improve productivity of SMEs through technology penetration and upgrading in manufacturing sector and to incr

Requirements:

1. In the SME category 2. Malaysian owned 3. Manufacturing sector 4. Has been in operation for at least 2 years 5. Voluntary, willing to be audited, committed in follow up programmes and willing to commit in monetary investment of 20% project value

By: Smart Automation Grant

Amount: Up to MYR

Description:

This is a specific matching grant for services companies that will help them automate their business processes and move towards

Requirements:

General Services Sector 1. Company: incorporated in Malaysia under the Companies Act 1965 or the Companies Act 2016; Issued and paid up capital of at least RM50,000; Minimum of 51% equity held by Malaysian(s); and 2. Registered business activities comprising primarily traditional or non-technology activities from the service sector; 3. Not be the subject of a liquidation/winding up /bankruptcy order; 4. Has no going concern issue and/or not dormant; 5. Has entered into a written contract or a committed arrangement with technology partner for the development and implementation of the project; and 6. If previously has received any MDEC/government grant, the applicant must demonstrate the completion and success of the funded project/s. Professional Services Sector 1. Enterprises / Sole Proprietorships / Partnerships or 2. Limited Liability Partnerships 3. Registered business activities comprising primarily traditional or non-technology activities from the service sector; 4. Not be the subject of a liquidation/winding up /bankruptcy order; 5. Has no going concern issue and/or not dormant; 6. Has entered into a written contract or a committed arrangement with technology partner for the development and implementation of the project; and 7. If previously has received any MDEC/government grant, the applicant must demonstrate the completion and success of the funded project/s.

By: SME Business Digitalisation Grant

Amount: Up to MYR

Description:

The Government will provide a 50% matching grant of up to RM5,000 per company for the subscription of the above services. This m

Requirements:

1. The company is at least 60% owned by Malaysian. 2. The company registered under the relevant laws of Malaysia 3. The SME has been in operation for atleast one (1) year 4. Company operation in one (1) year, company required to have a minimum annual sales turnover of RM 100,000 5. Company operation > two(2) years, company required to have a minimum annual sales turnover of RM 50,000 (preceding two (2) consecutive years).

By: Strategic Research Fund

Amount: Up to MYR

Description:

The Strategic Research Fund (SRF) is a special financing scheme program provided by the Ministry of Science, Technology and Inno

Requirements:

1. Technology Readiness Level (TRL 3-9) Refer to https://edana.mosti.gov.my/edana/frontend/web/guidelines/garispanduansrfjan2021.pdf for more information.

By: Technology Acquisition Fund (TAF)

Amount: Up to MYR

Description:

TAF aims to facilitate eligible Malaysian companies in the acquisition of foreign technologies for immediate incorporation into

Requirements:

1. Incorporated under the Companies Act 2016 2. At least 51% owned by Malaysian(s) 3. Qualifies as an SME 4. The proposed technology acquisition must be the Priority Technology Clusters identified by MOSTI 5. The technology to be acquired must be a registered Intellectual Property (Patent/Copyright/Industrial Design) with proven and significant sales volume in the country of origin 6. The technology provider must not hold any equity in the applicant’s company 7. A draft agreement outlaying clearly the clauses is provided

By: Technology Development Fund 1

Amount: Up to MYR

Description:

Technology Development Fund 1(TeD 1) is open to researchers and companies interested in implementing research and development pr

Requirements:

1. Technology Readiness Level (TRL 2-4) Refer to https://edana.mosti.gov.my/edana/frontend/web/guidelines/garispanduanted1jan2021.pdf for more information.

By: Technology Development Fund 2

Amount: Up to MYR

Description:

Technology Development Fund 2(TeD 2) is open to researchers and companies interested in implementing research and development pr

Requirements:

1. Technology Readiness Level (TRL 4-7) Refer to https://edana.mosti.gov.my/edana/frontend/web/guidelines/garispanduanted2jan2021.pdf for more information.

By: Tunas Usahawan Belia Bumiputera Programme (TUBE)

Amount: Up to MYR

Description:

TUBE aims to acculturate entrepreneurship in Bumiputera youth; Paradigm shift from job seekers to employment providers; and to c

Requirements:

1. Malaysian Bumiputera between the ages of 18-30 2. Holder of certification skills of institutions / local skills center will be given priority 3. Has not started a business, but have a keen interest to be in the business. For existing business, it must be operations less than 12 months. 4. Healthy body and can undertake both physical and outdoor activities. 5. Never been convicted of a crime and has not been declared bankrupt. 6. The applicant is not an immediate family of any employee SME Corp. Malaysia (Immediate family refers to spouses and children of staff). 7. For spouses / siblings, only one is entitled to be considered for the program.

By: Women Exporters Development Programme (WEDP)

Amount: Up to MYR

Description:

This grant aims to encourage competitive and sustainable women-owned companies to expand their product and services exports.

Requirements:

1. The company must be owned by women with a majority, or at least 51% of equity held by women. The majority shareholding can be through a single female individual or a group of women shareholders. 2. The Chief Executive Officer and/or Managing Director must be women. 3. Companies for WEDP must fit the national definition of a Small and Medium Enterprise (SME). 4. The company must be in operation for a minimum of 3 years and attained an acceptable level of market footprint/presence/share/dominance locally. 5. Companies dealing with merchandise goods or services must have a designated business premise or manufacturing facility with a dedicated address and not a PO Box. Women-owned companies based in Sabah and Sarawak can be given priority for WEDP, on the basis of diversifying the spread of regional socio-economic growth. 6. Special preference will be accorded to companies that are involved in technology-driven, high value-added and knowledge-based industries. These types of industries include high-precision parts manufacturing, biotechnology, biomedical engineering, animation and advance surveillance systems etc., and are generally non-traditional to women entrepreneurs.

By: Youth Exporters Development Programme (YEDP)

Amount: Up to MYR

Description:

A specific and targeted three-year programme that started in 2014 formulated for youths, between the ages of 20 to 40 years, who

Requirements:

1. The majority of the equity or at least 51% of equity of the company must be in the hands of youth(s) between the ages of 20-40 years. The majority shareholding can be held by a single youth individual or a group of youths as majority shareholders. 2. The Chief Executive Officer and/or Managing Director must be a youth. 3. Companies for YEDP must fit the national definition of a Small and Medium Enterprise (SME). 4. The company must be in operation for a minimum of three years and attained an acceptable level of market footprint/presence/share/dominance locally. 5. Companies dealing with merchandise goods or services must have a designated business premise or manufacturing facility with a dedicated address and not a PO Box. Youth-owned companies based in Sabah and Sarawak can be given special consideration in the selection for YEDP, on the basis of diversifying the dispersion of regional socio-economic growth. 6. Company are involved in technology-driven, high value-added and knowledge-based industries will be given special focus.