• Modernise and automate manufacturing processes;
• Upgrade production capability and capacity;
• Minimise dependence on labour intensive activities and foreign labour;
• Diversify into higher value-added activities;
• Rationalise and streamline operations through mergers and acquisitions;
• Acquire, develop and produce tooling;
• Embark on productivity improvement; Enhance export performance; and
• Utilise information and communications technology (ICT) as a means to improve competitiveness, efficiency and productivity as well as to enhance engineering design capabilities.

• Companies incorporated under the Companies Act 1965 and the Companies Act 2016;
• At least 51% equity held by Malaysians;
• Possess a valid business license; and/or
• In operation for at least 2 years.

• Manufacturing

• Minimum: RM50,000
• Maximum: RM20 million for each application

• Purchase of new or used/ reconditioned automation – related machinery equipment **;
• Costs related to the designing, fabrication. installation, commissioning and related training as well as maintenance of the machinery and equipment for investment in automation and/or
• Purchase of software and computer peripherals related to the development of the automation system.

• Due diligence exercise;
• Purchase of existing factory/building, machinery and equipment;
• Purchase of ready built factory/building, land and construction of factory/building and renovation of factory/building/premises; and/or
• Related expenses to undertake rationalisation exercise (mergers & acquisitions) such as registration fees and services undertaken by investment banks and any other related fees.

• Acquisition of moulds, dies, tooling, jigs and fixtures;
• Development of prototypes and system design;
• Product testing & registration;
• Acquisition of new or used/reconditioned machinery/equipment **;
• Initial patent and industrial design registration/patent and industrial design research;
• Acquisition of factory/building and acquisition of land for construction of factory/building;
• Acquisition of technology, testing of electric vehicle and development and construction of charging station under the electric vehicle test bed programme;
• Development of infrastructure for hybrid, electric and energy efficient vehicles;
• Adoption of other new/advanced technology; and
• Working capital requirement:
  • Existing machinery/equipment **
  • Existing moulds, dies, jigs and fixtures **
  • Factory mortgages with other financial institutions

• Training expenses for TS 16949, ISO 14001 and other related certifications in relation to automotive industries;
• Training expenses for Improvement of Quality Management System, Operational Management System, Business Management System and Testing capabilities and capacities and Productivity Improvement Programmes;
• Licensing and technical fees for engineering process improvement;
• Machinery/equipment testing and calibration;
• Manufacturing process layout; and/or
• Any other training required by the company for its business operations related to automation and modernisation

• Participation in trade exhibitions and missions and other export promotion programmes and related activities approved by MATRADE/ MAI;
• Expenses for overseas sample testing for international standards conformance;
• Market surveys and feasibility studies; and
• Setting-up of distribution infrastructure network overseas

• Legal fees for legal documentation prepared for financing facilities provided by MIDF excluding stamping fees, disbursement fees, adjudication fees and other costs.
• Consultancy fees for projects undertaken by companies for the purpose of business operations related to automation (reimbursable upon automation & modernisation being undertaken within specific time – from the report of the agreement date).

• Up to 100% for financing existing loan principal amount with other financial institutions (existing factory building/machinery/ equipment/moulds /dies/jigs/fixtures);
• Up to 90% for other eligible expenses
• Up to 65% for used/reconditioned machinery and equipment
• Working Capital Financing:
  • Up to 100% for Purchase Revolving Credit
  • Up to 90% for Sales Revolving Credit
  • Up to 90% for Term Working Capital Financing
  • Up to 80% for Factoring

• Factory/Building

  Up to 25 years including grace period of up to 2 years

• Machinery and Equipment and other eligible expenses

  Up to 10 years including grace period of up to 3 years

• Revolving Credit

  Up to 150 days for each drawdown including an option to rollover for a period not exceeding 60 days

• Factoring

  Up to 180 days for each drawdown

• Working Capital Term Financing

  Up to 3 years including a grace of up to 6 months

• 4.0% per annum on yearly rest (SMEs)
• 5.0% per annum on yearly rest. (Non-SMEs)

• Manufacturing:

  Sales turnover not exceeding RM50 million or full-time employees not exceeding 200 workers.

1. to provide financing assistance to new start-up companies and/or enterprises for the creation of new services entrepreneurs; and,
2. to provide financing assistance to the services sector to expand/upgrade/modernise/diversify their services into higher value-added activities and improve productivity and efficiency in service delivery.

1. Companies incorporated under the Companies Act 1965 or enterprises registered under the Registration of Businesses Ordinance 1956 or services providers registered under the Certificate of Practice any Professional Regulatory Bodies;
2. At least 60% equity held by Malaysians; and,
3. Possesses a valid premises licence.

• Services (excluding financial, insurance, utilities and construction sectors).

• Minimum: RM100,000.
• Maximum: RM5 million.

• Land & buildings / ready-built premises (including renovation).
• Machinery / equipment / motor vehicles / hardware & software and other fixed assets.

• Working capital such as for purchases of raw materials and consumables.
• Working capital for advertising and promotional costs such as media advertising, e-commerce website development and printing of promotional materials.

• Land & buildings - up to 100% of the costs of land/building construction/ready-built premises and renovation.
• Machinery / equipment / motor vehicles / hardware & software and other fixed assets - up to 80% of the costs of new fixed assets.
• Machinery / equipment / motor vehicles which are not more than 5 years old - up to 60% of the costs of used/reconditioned fixed assets.

• Up to 100% for Purchase Revolving Credit.
• Up to 80% for Sales Revolving Credit.
• Up to 50% of advertising and promotional costs.

• Land & buildings - up to 15 years including grace period of up to 2 years.
• Machinery / equipment / motor vehicles / other fixed assets - up to 6 years including grace period of up to 1 year.
• Hardware & software - up to 4 years including grace period of up to 1 year.

• Purchase Revolving Credit & Sales Revolving Credit - up to 150 days for each drawdown including an option to rollover for a period not exceeding 60 days for eligible borrowers.
• Advertising and promotional costs - up to 3 years including grace period of up to 1 year.

• 4.0% per annum on yearly rest for SME.
• 5.0% per annum on yearly rest for non-SME.

• Sales turnover not exceeding RM20 million or full-time employees not exceeding 75 workers.

• Open AP Holders for passenger vehicles (excluding motorcycles);
• Open AP Holders for motorcycles that are registered members of Persatuan Pengimpot Dan Peniaga Kenderaan Melayu Malaysia (PEKEMA);
• A Joint venture company with controlling equity stake held by Open AP Holders;
• A company with controlling stakes are owned by Director(s) or shareholder(s) of the Open AP holders and the controlling aspects are reflected in the equity stake, members of the company’s Board of Directors, managerial, technical and supervisory;
• A joint venture company with shares are owned by Open AP Holders and Director(s) or shareholder(s) of the Open AP holders with controlling equity stake; and
• Possess a valid premises licence.

• Manufacturing
• Services excluding financial and insurance services; and
• Non-automotive related business activities as approved by the Jawatankuasa Kumpulan Wang established under the Surat Ikatan Amanah Bagi Kumpulan Wang Amanah Dana Automotif Bumiputera Kementerian Perdagangan dan Industri dated 23 October 2015

• Minimum: RM100,000
• Maximum: RM5,000,000

• Purchase of land & construction of buildings and/or purchase of ready-built buildings;
• Renovation/upgrade of service centres;
• Purchase of new / used / reconditioned plant & machinery / equipment;
• Purchase of other fixed assets related to automotive industries;
• Costs incurred / to be incurred in securing automotive distributorships / dealerships from existing franchise holders; and
• Working Capital in the form of:-
  • Purchase Revolving Credit -
    Working capital requirement for the purchase of raw materials/stocks/consumables/spare parts/services supplied by suppliers/sub-contractors used in the business operations;
  • Sales Revolving Credit -
    Working capital requirement in relation to the sales and/or supply or provision of the goods and/or parts, products or services; or
  • Term Loan* -
    Working capital requirement for the purchase of raw materials/stocks/consumables/spare parts supplied by suppliers/sub-contractors used in the business operations;
  • Factoring -
    Working capital requirement for the purchase of receivables or credit sales invoices
    * for used/reconditioned machinery and equipment, the age shall not be more than 5 years old

• Up to 100% of the costs of land / building construction / ready-built buildings or renovation / upgrade of service centres or new plant & machinery / equipment and / or related fixed assets;
• Up to 65% of the costs of used / reconditioned plant & machinery / equipment which are not more than 5 years old;
• Up to 80% of the costs incurred / to be incurred in securing automotive distributorships / dealerships from sold;
• Existing franchise holders; or
• Working Capital:-
  • Up to 100% for Purchase Revolving Credit;
  • Up to 80% for Sales Revolving Credit;
  • Up to 80% for Term Loan; and
  • Up to 80% for Factoring.

• Land & Building – up to 25 years including grace period of up to 2 years;
• Plant/Machinery/Equipment/Related Fixed Assets – up to 6 years including grace period of up to 1 year;
• IT Equipment – up to 4 years including grace period of up to 1 year;
• Securing automotive distributorships/dealerships – up to 3 years including grace period of up to 1 year; and,
• Working Capital
  • Sales Revolving Credit & Purchase Revolving Credit
    – up to 150 days for each drawdown including an option to rollover for a period not exceeding 60 days for eligible Customer(s);
  • Term Loan – up to 3 years including grace period of up to 1 year; and
  • Factoring – up to 180 days for each drawdown.

• 3.5% per annum on yearly rest.

• Manufacturing
• Services excluding financial and insurance services

• Minimum: RM100,000.
• Maximum: RM5,000,000

• Purchase of land & construction of buildings and purchase of ready-built buildings;
• Renovation/upgrade of service centres;
• Purchase of new/used/reconditioned plant & machinery/ equipment; *
• Purchase of other fixed assets related to automotive industries;
• Costs incurred/to be incurred in securing automotive distributorships/dealerships from existing franchise holders; and
• Working Capital in the form of:-
  • Purchase Revolving Credit -
    working capital requirement for the purchase of raw materials/stocks/consumables/spare parts/services supplied by suppliers/sub-contractors used in the business operations;
  • Sales Revolving Credit -
    working capital requirement in relation to the sales and/or supply or provision of the goods and/or parts, products or services; or
  • Term Loan -
    working capital requirement for the purchase of raw materials/stocks/consumables/spare parts supplied by suppliers/sub-contractors used in the business operations;
    
    * for used/reconditioned machinery and equipment, the age shall not be more than 5 years old

• Up to 90% of the costs of land / building construction / ready-built buildings or renovation / upgrade of service centres or new plant & machinery / equipment and / or related fixed assets;
• Up to 65% of the costs of used / reconditioned plant & machinery / equipment which are not more than 5 years old;
• Up to 80% of the costs incurred / to be incurred in securing automotive distributorships / dealerships from existing franchise holders;
• Working Capital:-
  • Up to 100% for Purchase Revolving Credit;
  • Up to 80% for Sales Revolving Credit;
  • Up to 80% for Term Loan; and
  • Up to 80% for Factoring.

• Land & Building – up to 25 years including grace period of up to 2 years;
• Plant/Machinery/Equipment/Related Fixed Assets – up to 6 years including grace period of up to 1 year;
• IT Equipment – up to 4 years including grace period of up to 1 year;
• Securing automotive distributorships/dealerships – up to 3 years including grace period of up to 1 year; and,
• Working Capital
  • Sales Revolving Credit & Purchase Revolving Credit
    – up to 150 days for each drawdown including an option to rollover for a period not exceeding 60 days for eligible Customer(s) ; and
  • Term Loan – up to 3 years including grace period of up to 1 year.
  • Factoring – up to 180 days for each drawdown.

• 3.5% per annum on yearly rest.

1. To increase the competitiveness of Malaysian Service Providers (MSPs) overseas;
2. To increase accessibility and expand export of MSPs in the global market;
3. To expand the scope for export promotion to gain market access and export opportunities for services; and
4. To raise the profile of Malaysia at the international level as competent service provider and brand Malaysia as a supplier of services

• Registered with MATRADE (MER);
• Firms incorporated under the Companies Act 1965; OR
• Sole proprietors, professionals and partnerships registered with respective professional authorities in Malaysia;
• Having at least 60% equity owned by Malaysian;
• Not a Government Linked Company (GLCs) and Company that have Government (Federal / State Government) Equity;
• Company must be currently active in business and in operation for at least 1 year;
• Exporting Malaysian services or product made in Malaysia.

• Services (excluding financial, insurance, and tourism sub sectors)

• Minimum: RM50,000
• Maximum: RM5 million

Activity 6:
Costs for preparation of project proposals for overseas projects

Eligible Expenses:
Financing to assist MSPs in proposing and planning for overseas project negotiations.
Example of eligible activities are:

• Preparation of master plan;
• Architectural designs;
• Preparation of blueprint;
• Engineering designs for projects;
• Project management; and
• IC and software design.

Financing Amount:
Up to a maximum of RM2 million per company.

Activity 7:
Expenses related to raising bank guarantee or performance bond to execute overseas project

Eligible Expenses:
Examples of eligible expenses are interest rate, legal fees, documentation fees and bank insurance, excluding the principal value of the said bank guarantee of performance bond.

Financing Amount:
Up to a maximum of RM5 million per company.

Activity 8:
Collateral in issuance of bank guarantee or performance bond

Eligible Expenses:
Financing to assist MSPs in undertaking/ implementing overseas project

Financing Amount:
Up to a maximum of RM5 million per company.

Activity 9:
Remaining 50% on eligible expenses for setting up office overseas for the initial twelve (12) month

Eligible Expenses:
Company which has been approved 50% grant on eligible expenses for setting up office overseas for the initial twelve (12) months under SEF grant is eligible for the remaining 50% under soft loan.

Financing Amount:
Up to a maximum of RM150,000 per company.

Activity 10:
Mobilization costs

Eligible Expenses:
The eligible expenses include labour, equipment, rental (if any) or/and transportation of equipment

Financing Amount:
Up to a maximum of RM5 million per company.

• Up to 90% of the costs

• The maximum repayment period is up to 5 years including 6 months grace period.
• The maximum repayment period is up to 5 years including 6 months grace period.
• The maximum repayment period is up to 5 years including 6 months grace period.
• The maximum repayment period is up to 5 years including 6 months grace period.
• The maximum repayment period is up to 12 month (1 year) including 3 months grace period.

• 2.0 % per annum on yearly rest

A. Program for Business Sustenance Scheme "BSS SCHEME"
The BSS is a financing facility based on Islamic financing principles primarily for the financing of working capital offered to the successful applicants.

B. Program for Business Development Scheme "BDS SCHEME"
The BDS is a term financing facility based on Islamic financing principles primarily for the financing of business expansion activities and ongoing commercialization.

a) BioNexus Status ("BNX") Companies:

• Companies incorporated under the Companies Act 1965;
• At least 51% equity held by Malaysians;
• Minimum paid-up capital of RM250,000 in the form of cash;
• In operation for at least two (2) years; and
• Possess a valid business license.

b) Bioeconomy Transformation Programme ("BTP") Trigger Project Owners (Companies):

• Companies incorporated under the Companies Act 1965;
• Business registered under the Registration of Business Act 1956;
• Business registered under the Limited Liability Partnership Act 2012;
• At least 51% equity held by Malaysians;
• Minimum paid-up capital of RM100,000 in the form of cash;
• In operation for at least two (2) years; and
• Possess a valid business license.

c) Bioeconomy Community Development Programme ("BCDP"):

• Companies/ Business (sole proprietorship/ partnership) registered with Companies Commission of Malaysia (SSM); or
• Co-operatives registered with Malaysia Co-operative Societies Commission (SKM) not less than eighteen (18) months; or
• Societies registered with Registry of Societies Malaysia (ROS) not less than eighteen (18) months; and
• Signed the buyback guarantee agreement with anchor company (BNX company and/ or BTP Trigger Project Owner).

A. The typical expenditure allowable under the BSS facility includes as follows:

• Raw materials, consumables/ livestock;
• Expenses directly related to R&D activities towards improving existing products/ services with the exception of payroll/ human capital emolument expenses;
• Expenses directly related to business expansion activities to introduce products/ services into the global market such as advertisement, participation in overseas exhibition i.e. opening up booth, air ticket etc. excluding payroll/ human capital emolument expenses;
• Overhead expenses directly related to specific R&D/ international business development stages;
• Intellectual Property (IP) filing and registration;
• Clinical/ Field trials costs;
• Compliance and regulatory cost;
• Initial cost for recruitment of knowledge workers;
• Professional/ Technical consultancy fees;
• Expenses that are working capital in nature with the exception of payroll/ human capital emolument expenses; and
• Any other working capital expenses subject to MIDF's approval.

B. The typical expenditure allowable under the BDS facility includes as follows:

• Purchase of ready built building/ land for construction of building or land for business operation purposes;
• Purchase of new/ used machinery and equipment, laboratory or any other production equipment;
• Operating expenditure with exception of payroll/ human capital emolument expenses; and
• Any other operating expenditure expenses subject to MIDF's approval.

• Minimum amount of RM100,000 per applicant.
• Maximum amount of RM600,000 per applicant under the BSS Scheme.
• Maximum amount of RM2,700,000 per applicant (excluding Zero Entry Financing Cost) under the BDS Scheme

A. BSS Scheme

• Up to 100% financing for Purchase Revolving Credit;
• Up to 90% for Sales Revolving Credit;
• Up to 90% for Working Capital Term Financing; or
• Up to 80% for Factoring.

B. BDS Scheme

• Up to 90% financing for purchase of ready built building/land for construction of building or land, for business operation purposes;
• Up to 90% for purchase of new machinery and equipment, laboratory or any other production equipment;
• Up to 65% for purchase of used machinery and equipment, laboratory or any other production equipment; and/or
• Up to 90% for operating expenditure and shall not exceed 20% of the facility amount.

A. Facility’s the BSS Scheme shall be as follows:

• Purchase Revolving Credit/ Sales Revolving Credit - Up to 150 days for each drawdown including an option to roll over for a period of not exceeding 60 days.
• Working Capital Term Financing - Up to a maximum of two (2) years (including grace period of up to six (6) months).
• Factoring - Up to 180 days for each drawdown.

B. Under the BDS Scheme, financing tenure will be up to a maximum of seven (7) years (including grace period of up to eighteen (18) months).