Professional Documents
Culture Documents
SMIDEC - GRANT
Name of Financial Institution Item 1 Small and Medium Industries Development Corporation (SMIDEC) Type of Grant Matching Grant for Business Start-ups Eligible Expenses
- Preparation of business planning - Related Feasibility Studies - Rental of Incubators and business premises up to 24 months - Rental of equipment and machineries related to incubator rental - Development of prototype - A6Product sample and testing
Cost of Borrowing
Processing
0%
14 working days
Matching Grant for and processes including: Product and Process - Technology Feasibility Studies - Fees for technology transfer Improvement
- Development of prototypes and system design - Product testing - Product registration - Marking and labelling - Machine & equipment testing and calibration - Development & designing of equipment and machinery - Purchase of machinery and equipment - Initial patent registration/patent search/IP Protection - Specific Project Mission - Cleaner Production and Waste Treatment Project including Energy Efficiency Audit
Max RM 500,000
0%
14 working days
Expenses incurred in acquiring and improving product packaging, design and labelling such as: - Costs and services for designing, packaging, marking and labelling - Trade mark and patent registration - Purchase of related machinery and equipment
Max. RM 200,000
0%
14 working days
Grant for Rosettanet Standard Implementation - Cost / Fee for System Integration (System Integration is defined as
the implementation activities of interfacing the software, hardware and network components and it also covers the cost of customisation) - Cost of acquiring Business to Business Software which complies to RNIF I,I or higher - Cost of related hardware and connection to Internet - Registration fee to RosettaNet Malaysia Berhad - First year subscription fees to ASP (for RosettaNet ASP Model only)
Max. RM 100,000
0%
14 working days
Matching Grant for Certification and Expenses incurred in obtaining certification and quality management Quality Management system such as: '- ISO 13485, ISO 14000, ISO 22000 Systems
- Product Certification - Hazard Analysis Critical Control Point (HACCP) - Halal Certification & MS 1500:2005 - TS 16949 - Quality Improvement Practice e.g 5S, Six Sigma and Productivity Audit - Good Manufacturing Practice (GMP) - Occupational, safety and health management system (OSHA) - Restriction of Hazardous Substance (RoHS) - Good Agriculture Practice (GAP) - Good Hygiene Practice (GHP) - Regulatory Impact Assessment (RIA) - British Retailer's Consortium (BRC) - Factory Renovation for compliance to Certification Requirements - Other related costs to comply to requirements of standards and certification
Max. RM250,000
0%
14 working days
Expenses incurred in developing and promoting halal product, including: '- Product development & product formulation - Sample testing - Acquisition of machinery and equipment related to the approved project - Renovation expenditure for compliance to Halal Certification requirement - Other related costs for compliance to requirements of Halal Certification - Promotional activities (marketing cost with Hypemarket and Media advertising)
Max. RM150,000
0%
14 working days
Item 1
Eligible Expenses
Loan Size
i) Project Financing: Covers the entire project cost items, including pre-operational expenses. Pre-operational expenses include: - Market survey and feasibility study - Professional fees for technical expertise - Office set-up prior to production - Staff salary - Advertisement and promotion cost - Production labour cost - Factory Overhead - Raw Material costs for trial production ii) Fixed Assets Financing For the purchase of land and building, plant and machinery and office equipment for: - project start-up - existing ventures undergoing expansion, diversification or modernisation - relocation of projects iii) Working Capital Financing For the purchase of raw materials, components, inventory and labour costs.
Min. RM50,000 Maximum: Project Financing RM 5 mil. 4% p.a. Fixed Assets Financing RM2.5mil Working Capital Financing-RM1 mil
14 working days
i. Upgrading Engineering Design Capabilties: - Purchase of design software (Computer Aided Design - CAD, Computer Aided Manufacturing - CAM, Computer Aided Engineering -CAE) or subscription fee / license fee for on-line engineering design services. - Purchase of computer hardware and related equipment - Training cost
Soft Loan Scheme for ICT ii. Purchase of ERP software or other similar software: - Purchase of ERP software or first year subscription to on-line ERP system, or Adoption
other similar software suchas Computer Integrated Manufacturing (CIM), Enterprise Resource Management (ERM), Material Resource Planning (MRP), Supply Chain Management (SCM), or Customer Relations Management (CRM). - Purchase of other software for services sector such as Point of Sales System, Tracking System, Automated Store Management System and Inventory Management System. - Implementation cost including system study, customisation and training - Purchase of server and related networking equipment
3% p.a.
14 working days
Type of Facilities - Term / Fixed Loan - Overdraft - Tradelines - Any other credit facilities determined from time to time by the Corporation - Term Loans - Overdrafts
Lending Rate
Guarantee Fee
Other Fees
Min. RM 50,000 Between 1.00% Max. RM 2 mil to 1.75% p.a above the BLR
Between 0.75% to Processing 1.50% p.a. Fee -RM300 Renewal Fee - RM150
80% and 100% < BLR + 1.5% for Bumiputera of the facility Max. RM 7.5 mil < BLR + 1.5%
Nil 1.25% p.a. based on guarantee cover Between 0.50% to 1.00% Nil
- Term Loan - Overdrafts - Trade Financing - Any other credit facilities determined from time to time by the Corporation
Direct Access - Term Financing Guarantee Min. RM 50,000 Scheme Islamic - Overdrafts Max. RM 2 mil (DAGS-i) - Tradelines - Any other credit facilities determined by CGC from time to time - Term Loan - Overdraft New Principal - Letter of Credit Guarantee - Trust Receipt Up to RM10 mil Scheme (NPGS) - Export Credit Refinancing (ECR) - Bills Purchased - Bankers Acceptances - Shipping / Performance / Bank Guarantee - Hire Purchase - Leasing
BLR + 1% to 1.75%
Processing Between 0.75% to Fee -RM300 1.50% p.a. Renewal Fee - RM150
Nil
Type of Facilities
Lending Rate
Guarantee Fee
Other Fees
- Term Loans -i Islamic Banking - Overdraft -i Guarantee - Letter of Credit -I Scheme (IBGS) - Trust Receipt -I - Export Credit Refinancing (ECR) -I - Bills Purchased -I - Bankers Acceptances -I - Shipping / Bank Guarantee -I - Hire Purchase -I - Leasing -i Flexi Guarantee - Expansion of productive capacity Scheme (FGS) - Working Capital; or both - Term Loan Credit - Overdraft ENHANCER - Letter of Credit Scheme - Trust Receipt (ENHANCER) - Export Credit Refinancing (ECR) - Bills Purchased - Bankers Acceptance - Shipping / Performance / Bank Guarantee - Hire Purchase - Leasing
Unsecured Portion 1.25% Up to RM10 mil To be determined Secured Portion by Financial 1.00% Institutions
Nil
Item 1
Financng Scheme
Eligible Items
Fund for Small and Working capital and fixed assets for capacity expansion Medium Industries 2 (FSMI2)
New Entrepreneurs Fixed assets and/or working capital Max RM 5 million 5% p.a Fund 2 on monthly rest (NEF2) - Fixed assets and/or working capital for expansion in Rehabilitation Fund productive capacity. For Small and Min. RM 50,000 4.5% p.a. Medium Industries - Up to 40% of the approved limit may be used for Max. RM 5 million (RFSMI) refinancing and restructuring existing non-performing loan. Bai' Bithaman Ajil Fixed Asset - Factory land, factory building and machinery / 7.75% fixed p.a. Financing / MIDF equipment and related fixed assets. on monthly rest Fixed Asset Financing-i Murabahah Working Raw material purchases, inventories and receivables Capital Financing / MIDF Working Capital Financing-i Al-Ijarah Thumma Al- Production machinery / equipment, construction Bai' (AITAB) Facility machinery, transportation and handling machinery and / MIDF Industrial medical / dental equipments, etc. Hire Purchase-i Production machinery / equipment, construction Al-Ijarah Facility / machinery, transportation and handling machinery and MIDF Leasing-I medical / dental equipments, etc. 7.75% fixed p.a. on monthly rest
SME Professional
Up to RM10 million
Competitive rates
SME Franchise
Up to RM10 million
Competitive rates
SME Procurement
Up to RM50 million
SME Global
Up to RM50 million
Competitive rates