Sarawak Manufacturers' Association

 

WELCOME TO SMASARAWAK.COM.MY
| Home | Licensing Procedure | Issues | Notice Board | Market Exchange | Activities | Members |

Issue

 

Financial Schemes Under MITI For Small And Medium Enterprises (SMEs)


1. INCENTIVE SCHEMES

The incentive schemes administered by the Ministry of International Trade and Industry (MITI) through its agencies includes:

Grants; Soft Loans; and Venture Capital.


GRANTS

Commercialisation of Research and Development Fund (CRDF)

Technology Acquisition Fund (TAF)

Grant for Business Planning and Development (ITAF 1)

Grant for Product and Process Improvement (ITAF 2)

Grant to Upgrade Production/Engineering and Design Capabilities

Grant for Productivity and Quality Improvement and Certification (ITAF 3)

Grant for Market Development (ITAF 4)

Grant for ICT Application (expanded E-Commerce Grant Scheme)

Grant for Skills Upgrading

Factory Auditing Scheme


SOFT LOANS

Modernisation and Automation Scheme (MAS)

Quality Enhancement Scheme (QES)

Financial Package for SMIs (PAKSI)
(To be merged as Soft Loan Package For SMEs )


VENTURE CAPITAL

Venture capital funds at:

seed stage

start-up stage

growth stage

mezzanine stage and pre-IPO stage


2. ELIGIBILITY CRITERIA

Small and Medium Enterprises (SMEs) must be:

Incorporated under the Companies Act 1965. Having an annual sales turnover not exceeding RM25 million AND not more than 150 full-time employees. At least 60% owned by Malaysians.


3. SCOPE OF ACTIVITIES

The scope of activities is now expanded to include manufacturing related services:

Engineering support services such as calibration, electroplating, machining, heat treatment, metal casting, metal forging, etc.

Specialised service centres such as sterilisation, waste treatment, etc.

Logistic services such as warehousing, bulk breaking, international procurement centre, haulage, etc.

Maintenance and repair of factory machinery and equipment

Software development such as CAD, CAM, CAE, ERP, CIM, SCM, CRM

Automation of production line

Design houses

Packaging services

Export of services such as construction, engineering consultancy, architecture, education, healthcare, printing and publishing, information and communication technology services. (For Market Development Grant only)

Trading companies (For Market Development Grant only)


4. MODE OF DISBURSEMENT

30 % of approved grants will be given up-front to eligible companies, with the remainder to be paid on a reimbursable basis


5. SPECIAL ASSISTANCE SCHEME FOR WOMEN ENTREPRENEURS

For women entrepreneurs, the scheme has been expanded and will cover:

IT and IT related services

Data processing businesses

Cyber cafés/Internet cafes

Consultancy services related to IT

Maintenance and repair of computer equipment

Education Services

IT tuition centres

IT schools

Software development

Software development and production

Software implementation services

Design and packaging

Designing of product packages

Packaging services

Research & Development (R & D)

R & D services on natural sciences

R & D services on social sciences and humanities

Interdisciplinary R & D services

Technical testing and analysis services

Related scientific and technical consulting services

Marketing

Advertising services

Freight transport agency services

Cargo handling services

Storage and warehouse services

Market research

Branding

Tourism

Establishment of medium and low-cost hotels (up to three star hotels)

Expansion/modernisation of existing hotels

Establishment of tourist projects

Expansion/modernisation of tourist projects

Establishment of recreational camps

Establishment of convention centres

Restaurants including catering services

Travel agencies and tour operators services

Other Business Services

Professional services (legal, accounting, auditing and book-keeping services, taxation, architectural, engineering, urban planning and landscape services, medical and dental services, secretarial, etc.)

Management consultancy services

Building cleaning services

Printing and publishing


Source: Ministry of International Trade and Industry (MITI)

Address of MITI:

Ministry of International Trade and Industry
Block 10, Government Offices Complex
Jalan Duta
50622 Kuala Lumpur
Tel: 03-62033022
Fax: 03-62012337, 62031303

SARAWAK BRANCH:
Encik Mohd. Zainy b. Mohamed Zain
Director
Ministry of International Trade & Industry
Sarawak Branch
No. 3, Bangunan Bank Negara Malaysia
Jalan Satok
93400 Kuching
Sarawak
Tel : 082-257164
Fax : 082-417835
E-mail: mzainy@miti.gov.my


Posted Date: 2 Jan 2004

Issues List

Salary Guide, Starting Salaries for 160 Selected Skill-Based Jobs
National Budget 2017
Scheme Micro Financing
Workshop on Sarawak Rural Economic Transformation
Industrial Innovation Program and STTF
Update on Immigration Guideline & Procedure
Minister of Industrial and Entrepreneur Dev
Malaysian Global Innovation and Creativity Centre (MaGIC)
Malaysian Chinese Women Entrepreneurs Foundation
Soft Loan Scheme for Automation and Modernisation
ASEAN Economic Community (AEC) Open Day
Investment Opportunities in the Resource Based Industries
OSH CLASS Regulations
2015 Bank Negara Malaysia Annual Report
Eleventh Malaysia Plan (11MP)
National Budget 2016
Briefing on Labour Chapter, TPPA
Trans-Pacific Partnership Agreement (TPPA)
Go-Ex Programme
KOJADI SME Loan Scheme
Amendments to Regulation 32(1) of the Employees’ Social Security (General) Regulations 1971
Bank Negara Malaysia Annual Report 2014
Green Technology Financing Scheme (GTFS)
The Factories & Machinery (Person-In-Charge) (Amendment) Regulations 2014
Income Tax (Deduction From Remuneration) Amended
Prime Minister's Hibiscus Award
GST Exempt, Zero-Rated and Relief Lists Gazetted
National Budget 2015
Application for GST e-Voucher
Registration for GST before 31 December 2014
Opening of EXIM Bank Kuching
National Budget 2014
Official Opening of Bank of China & Visa Center
MIDA e-Application
Termination of the GSP from 2014
Certificate of Responsibility on Food Safety
Imposition of Customs (Prohibition of Imports) Order on Construction Materials
Updated Import Mechanism for Iron and Steel Products
Minimum Retirement Age Act 2012
Programme on Training Scheme 1Malaysia
New Requirement for Food Exports to China
New Guidelines for Market Development Grant
National Budget 2013
Domestic Investment Strategic Fund
The Investment Coordinating Board of Indonesia (BKPM)
Master Plan for the Acceleration and Expansion of Indonesia's Economic Development (MP3EI)
Operator of Steam Boiler
Certificate of Fitness of Steam Boiler
Launching of MIDA new headquarters and logo
Pos Malaysia Shopping Portal
Get Malaysian Business Online (GMBO)
Department of Skills Development Malaysia
Customs Appeal Tribunal
The Minimum Wage Order 2012 Gazetted
Malaysian Competition Act 2010 Is Enforced
GST Implementation in the Near Future
National Budget 2012
Government Financial Assistance Programmes By Malaysian Industrial Development Finance (MIDF)
Malaysia Export Exhibition Centre
SME Development Programmes
Tebedu Inland Port
Malaysia National Budget 2011
Strategic Trade Act 2010 (STA)
IRB E-ledger
APEC Website on Tariffs and Rules of Origin (WebTR)
Highlight of Tenth Malaysia Plan (2011-2015)
New Economic Model for Malaysia
Malaysian Competition Act 2010
Malaysia National Budget 2010
Issues Raised at the Economic Council Dialogue
Employers Can Reduce Their Employees' Monthly Tax Deductions
Tax Incentives for the Manufacturing Sector in Malaysia
Halal Industry Development Corporation (HDC)
Malaysia External Trade Development Corporation (MATRADE)
National Budget 2009
Investment & Trade Dialogue and Seminar 2009
Seminar Keselamatan dan Kesihatan Pekerjaan
An Introduction Programme of GMP
Optimising Opp under Malaysia Free Trade Agreement
SMI & SME Intellectual Property Awareness Campaign
Briefing on the Malaysia Benchmarking Index (MBI)
Advertise in SMA 50th Anniversary Directory 2013
SMA Membership Directory 2003: Sample 2
SMA Membership Directory 2003: Sample 1
Contribution Rate For Employees Who Are Above 55 y
Special Taskforce to Facilitate Business (PEMUDAH)
Trade Exhibitions in Malaysia 2008 - 2009
Sarawak Corridor of Renewable Energy (SCORE)
Development Financial Institutions
Definition of SMEs:
2008 Budget Highlights
GS1 Identification System
Skill Training Programmes (Technical & Vocational) By Government
Useful Website
Third Industrial Master Plan (IMP3) 2006 ¨C 2020
International Trade Malaysia 2007
Liberalisation of Foreign Exchange Administration Policies
YB Encik Larry Sng Visited Chuan Ming Sdn Bhd
2007 New Appointed Consul-General in Kuching
Patron, Hon President, Advisors & SMA Council
2007 Budget Highlights - Tax Commentary
MIDA & MATRADE - Trade and Investment Mission
Lee Fah Mee Sdn Bhd HACCP Certificate Presentation Ceremony
Human Resources Development Berhad
Ready Built Factories for Sale and Rental
Certify Your Profession - Put Up Your Skill Badge
TOCC Accredited Kilang Ceria Alam
KKB & Sarawak Enterprise Sign MoU
Ministries of Agriculture Visited Sea Horse Co S/B
ISO 9001:2000 Recognition For Sarawak Slipways S/B
China Council for the Promotion of International Trade
Registration With MATRADE
Asia Pacific Natural Products Expo
Grant for Development and Promotion of Halal Product
Grant for Enhancing Product Packaging, Design and Labeling Capabilities of SMEs
The RosettaNet
WTO Agreement on Technical Barrier to Trade (TBT)
The SME Bank
The Amended Sarawak Labour Ordinance be enforced from 1 October 2005
Electronic Procurement System (ePerolehan)
Additional Incentives for the Manufacturing Sector for Sarawak
Conclusion of the Second National SME Development
Japanese Interested in Business Venture in Sarawak
Closer Economic Partnership Arrangement (Cepa)
The Industry R& D Grant Scheme (IGS)
Hong Kong Trade Development Council Trade Fairs
Assistance For Cleaner Production / Waste Treatment Projects Implementation
Sabah International Expo 2004
Financial Schemes Under MITI For Small And Medium Enterprises (SMEs)
Registration of SMIs with SMIDEC
Registration of Exporters with MATRADE
SESCO Connection Charge Guidelines 1/2003

 

 

 


Contact Us | Copyright © by SMA 2003 | Empowered by eD3