SOFT LOAN SCHEME FOR INFORMATION AND COMMUNICATIONS TECHNOLOGY ADOPTION (SLICT)
The SLICT was launched in January 2004 to assist small and medium enterprises to improve their competitiveness, efficiency and productivity through the adoption of ICT in business management and operations.
The fund for the Scheme is channeled from the Government via the Small and Medium Industries Development Corporation (SMIDEC) and the Scheme is implemented by MIDF.
Eligibility Criteria and Main Features
1. Eligibility:
• SMEs incorporated under the Companies Act 1965 or Registration of Business Ordinance 1956;
• Subsidiaries of public-listed companies with shareholding not exceeding 20%;
• At least 60% equity held by Malaysians; and,
• Possess a valid premises licence.
2. Sectors:
• Manufacturing
• Manufacturing-related services
• Services (excluding insurance and financial services)
3. Financing Amount:
• Minimum: RM20,000
• Maximum:RM500,000
4. Eligible Items:
Financing for Purchase of:
• Software for upgrading engineering design capabilities;
• ERP software or other similar software;
• Software such as Point of Sales System, Tracking System, Automated Store Management System and Inventory Management System;
• Supporting software for specific industry such as animation, aviation, web hostings and others; and,
• Related hardware, equipment and training cost.
5. Percentage Financing:
• Up to 90 % of the cost of eligible items (80 % for Bumiputera).
6. Repayment:
• Up to 5 ½ years including grace period of up to 6 months.
7. Interest Rate:
• 2 % per annum on yearly rest.
ENQUIRY
Further information on this Scheme can be obtained from:
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/
Or
SMIDEC (Malaysian Industrial Development Finance Berhad)
21st Floor, Menara MIDF,
82 Jalan Raja Chulan, 50200 Kuala Lumpur,
P.O.Box 12171, 50678 Kuala Lumpur
Tel No: 03-2161 9011
Fax No: 03-2161 5973
Website : http://www.midf.com.my/
