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MIDF Grant: High Value-Added Product Development Programme
This programme bridges the industry gap by assisting local businesses in their effort to produce and commercialise complex and high value-added products.
GVPD—Grant for High Value—Added Product Development
Objective
Grant for High Value-Added Product Development (GVPD) aims to bridge the industry gap by assisting local businesses in their effort to produce complex and high value-added products.
To be eligible, your company must:
be a government related entity:-
- government agencies
- recognised research institutions
- institute of higher learnings / research universities
- centre of excellence
- public private partnership initiative
be a private company:-
- SME or non-SME registered with SSM
- with at least 60% equity / ownership held by Malaysians
- involved in the manufacturing sector
- that possesses a valid business license issued by local authority
- that has been in operation for more than 6 months
Applicable for:
- product development programmes
- awareness program
- industry intelligence
- research & competency development
- technology acquisition
- accreditation, certification, intellectual property
- testing of high value-added & complex product
Project Timeline
Projects are to be completed within 12 months from the date of approval.
Funding Amount
Minimum: RM50,000
Maximum: RM1.5 million
GVMD—Grant for High Value—Added Market Development
Objective
Grant for High Value-Added Market Development (GVMD) aims to bridge the industry gap by assisting local businesses in their effort to commercialise high value-added and complex products.
To be eligible, your company must:
- be a SME or non-SME registered with SSM
- have at least 60% equity / ownership held by Malaysians
- possess a valid business license issued by local authority
- be in operation for more than 6 months
- be in manufacturing sector
Applicable for:
- productivity improvement and capacity building
- licensing, standards & certification compliance
- conducting of life cycle assessment
- promotional activities
Project Timeline
Projects are to be completed within 12 months from the date of approval.
Funding Amount
- Minimum: RM50,000
- Maximum: RM1.0 million
Margin of Grant
Up to 90% of the total costs.
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