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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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