Type of Grant Assistance
The SAG MADANI will be provided on a matching basis (70:30) based for eligible expenditures, with a maximum grant of RM1,000,000 per company.
Main Objectives
Supporting and assisting Micro, Small and Medium Enterprises (MSMEs) to automate and digitalise their operations and production processes.
Enhancing productivity and efficiency in the manufacturing and service sectors.
Creating employment opportunities in high-value-added sectors.
Stimulating domestic investment
Eligibility Criteria
Incorporated under the Companies Act, 2016
Effective equity of the company must be at least 51% owned by Malaysians.
Possess a valid Business license from a local authority.
Eligible for MSMEs
The company has been in operation for at least 3 years.
Must meet at least two (2) of the Committed Deliverables (please refer to the guidelines: Appendix I).
Manufacturing activity in compliance with the Industrial Co-ordination Act, 1975; OR Services activities that are governed/supervised by relevant ministries/agencies in the following areas:
• Hotel and Tourism;
• Private Healthcare;
• Private Education;
• Oil & Gas Services;
• Global Establishment - Principal Hub/Global Services Hub;
• R&D Activities;
• Logistics Services; or
• Other Services
- Ship Building Ship Repair
- Green Technology Project – Business Purpose
- Sterilisation Services
- Digital Infrastructure
- Maintenance, Repair and overhaul for Aerospace
Application Fee
RM 3,000 per application
Effective Date of Application
Applications received by MIDA from 10 November 2023 until 31 December 2023 will be eligible for consideration for this grant. However, the approval of these applications is subject to the availability of funding and allocation by the Government of Malaysia and the prevailing policy in force.
Applications can only be made online through the following link: https://investmalaysia.mida.gov.my/