MRC Fund for Automation and Green Technology (FAGT)
Malaysian Rubber Council (MRC)
16/06/2025
Other
The application is open to all rubber processors and rubber product manufacturers that fulfil the following criteria: i. Incorporated under the Companies Act 1965 or 2016; ii. Possess a valid manufacturing license from MITI or a business license from the local authority or any other equivalent license issued by a regulatory body; iii. For SME companies, possess the latest Certificate of SME status issued by SME Corporation Malaysia; iv. For the downstream sector, the company must be producing and exporting predominantly rubber and rubber products with a minimum of RM1,000 average cess contribution in the last three (3) consecutive years; v. For the midstream sector, the company must be producing and selling processed rubber locally and/or internationally in the last three (3) consecutive years; vi. Ongoing project(s) where the equipment has been installed/in operation or a purchase order has been issued are not eligible to apply; vii. The companies that have exhausted the maximum FAGT grant may reapply after a one-year cooling-off period from the commissioning date of the last approved project. viii. The companies are required to obtain approval(s) from the relevant authorities before submitting project application(s). ix. Not receiving other incentives, grants, or any other form of benefits from the Government and its related agencies for the same project (e.g. MIDA - Reinvestment Allowance, Investment Tax Allowance, Automation Capital Allowance, etc.); x. Must demonstrate financial stability and disclose any ongoing or past legal, financial, or insolvency matters. Serious financial crimes or insolvency may affect eligibility, but other cases will be reviewed based on their relevance and risk level, at the sole discretion of the Select Committee of FAGT; and xi. Encouraged to use local technology or service providers in the project implementation.
Online application through MRC's website (https://www.myrubbercouncil.com/special-fund/) or contact the Secretariat directly through email
The MRC Fund for Automation and Green Technology is established with the following objectives: 1. To encourage the rubber product industry to adopt automation and green technology to enhance the industry’s competitiveness 2. To alleviate labour shortage problem in the rubber product industry 3. To promote the adoption of green technology towards achieving sustainability in the rubber product industry The fund shall cover the following projects: 1. Automation and digitalization 2. Green technology which comprises: a) Technology that utilises renewable energy sources b) Wastewater recycling and/or rainwater harvesting Fund Size - Matching fund up to 50% of project cost capped at maximum grant amount according to sector a) Downstream sector: RM500,000 b) Midstream sector: RM300,000 Project duration up to 18 months
FUND FOR AUTOMATION AND GREEN TECHNOLOGY SECRETARIAT COMMERCIALIZATION & TECHNICAL UNIT MALAYSIAN RUBBER COUNCIL (MRC) UNIT NO. 36-02, LEVEL 36, Q SENTRAL 2A JALAN STESEN SENTRAL 2, KL SENTRAL 50470 KUALA LUMPUR.