| Grant for MSC-Status Companies | ||||
| (B) INDUSTRIAL TECHNICAL ASSISTANCE FUND 2 (ITAF2) | ||||
| (Improving and upgrading existing product, product design and processing scheme) | ||||
| Objective | ||||
| Financing SME s for: | ||||
| - Improvement and upgrading of existing product | ||||
| - Improvement and upgrading of existing product design | ||||
| - Improvement and upgrading of existing process | ||||
| Eligibility criteria | ||||
| - Incorporated under the Companies Act 1965 | ||||
| - Manufacturing companies or companies providing manufacturing related services with an annual sales turnover not exceeding RM25 million and with full-time employees not exceeding 150 persons | ||||
| - At least 60% of equity are held by Malaysians | ||||
| Type of assistance | ||||
| The maximum grant allocated per company is Rm500,000 whereby 50% of the total project cost is borne by the Government and the balance is borne by the applicant. | ||||
| Eligible expenses | ||||
| - Cost of technical expertise | ||||
| - Cost of acquiring and technologies and skills | ||||
| - Cost for testing and calibration | ||||
| - Cost for testing materials and equipment | ||||
| - Cost of designing and prototyping | ||||
| Priority | ||||
| Manufacturing or Intend to manufacturing products(s) or involve in activities or services related to manufacturing promoted under the promotion of investmentAct(PIA) 1986, to companies participate in the Industrial Linkage Programme(ILP) | ||||
| back | ||||