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
