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Content > Grant for Product & Process
 

  MATCHING GRANT

FOR PRODUCT AND PROCESS IMPROVEMENT

Articles courtesy of SMIDEC:Small & Medium Industries Development Corporation

 

OBJECTIVE

 

The Scheme provides matching grant to SMEs for improvement and upgrading of existing products, product design and processes upgrading.

 

 

QUALIFYING CRITERIA

 

·         Manufacturing companies or companies providing manufacturing related services Incorporated under the Companies Act 1965 with annual sales turnover of not exceeding RM25 million or full-time employees not exceeding 150

 

·         For the services sector, businesses incorporated under the Registration of Business Ordinance 1956 with an annual sales turnover of not exceeding RM5 million or full-time employees not exceeding 50

 

·         At least 60% equity held by Malaysians

 

·         Possess valid premise license

 

 

SECTOR COVERAGE

 

·         Manufacturing

 

·         Manufacturing Related Services**

 

·         Services (excluding insurance and financial services

 

 

** Main activities under manufacturing related services are:

·         Research and Development ( R & D) such as product/ process development and software development

·         Product and Process Design

·         Distribution and Logistics such as warehousing, freight forwarding, bulk breaking, international procurement centre, haulage

·         Marketing such as packaging and market research

·         Environmental Management

·         Other related services such as engineering support services, gas sterilization services, calibration and testing services

 

 

FORM OF ASSISTANCE

 

Assistance is given in the form of a matching grant where 50% of approved project cost is borne by the Government and the remainder by the applicant. The maximum grant allocated per application is RM500,000.

 

 

ELIGIBLE EXPENSES

 

Expenses related in improving and upgrading of existing products, product design and processes including:

 

·         Technology Feasibility Studies

·         Fees for technology transfer

·         Development of prototypes and system design

·         Product testing

·         Product registration

·         Marking and labeling

·         Machine & equipment testing and calibration

·         Development & designing of equipment and machinery

·         Purchase of machinery and equipment

·         Initial patent registration/patent search/ IP Protection

·         Specific Project Mission

·         Cleaner Production and Waste Treatment Project including Energy Efficiency Audit

 

* Machine & Equipment utilization is crucial to assist SMEs to improve their production capacity and also reduce cycle-time. Besides that, it will also increase the quality of products. In order to assist SMEs in purchasing the relevant machinery and equipment, SMIDEC provides a list of related companies/distributors of new & used machineries & equipments according to sector. The lists are as follow:

Korean Machine Tool Guide

Parts of Industry

 

APPLICATION

 

Application can be made using the Matching Grant for Product And Process Improvement Form which can be obtained free of charge from SMIDEC's offices or download here:

Online Application

Application Form & Project Proposal

List of Government Consultants is in PDF (Acrobat) format. To read PDF files you will need a copy of the (free) Acrobat Reader. Please go to Adobe's website to download the reader.

 

DIRECT ENQUIRY

Puan Shuhaidah Mohd Shariff (6207 6000 ext 6191)

Secretariat Matching Grant For Product And Process Improvement
Small and Medium Industries Development Corporation (SMIDEC)
Aras 20, West Wing, Menara MATRADE
Jalan Khidmat Usaha, Off Jalan Duta
50480 Kuala Lumpur

Tel No: 03-6207 6000
Fax No: 03-6201 6564

E-mail : mailto:info@smidec.com.my
Infoline : 1-300-88-1801
Website
http://www.smidec.gov.my/

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