Objective/Activity

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Under Penjana the Smart Automation Grant scheme, Government has allocated RM100 million, capped at up to RM1 million per company and on Mar 2021 additional RM50 million have added.

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Objective is  to assist SME and MTC to automise and digitalise operations, to improve efficiency in the manufacturing and services sector. To reduce reliance on low-skilled foreign workers. To provide job opportunities in high value-added sectors. To enhance SME competitiveness on an international level. To be aligned with the National Policy on Industry 4.0 and to boost domestic investment

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Type of Cmapany
Natural of Business
Sales a Year
Company Registered How Long (Year)
Propose of Grant
Cost of the project (RM)
Malaysian shareholder

EFFECTIVE DATE OF APPLICATION

 

Applications received by Malaysian Investment Development Authority (MIDA) from 4 December 2020 to 31 December 2021 are eligible to be considered for this grant.

Criteria

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  • Incorporated under Companies Act 1965

  • Only for SME and MTC Company

  • Obtain Manufacturing License & Business License if manufacturing

  • Grant of maximum amount upto RM 1,000,000 with 50% matching grant

  • Effective equity of the company must be at least 51% owned by Malaysians.

  • The company must engage in the following activities: Manufacturing activity and. Services activities 

  • The company has been in operation for at least 12 months