Scope of Funding
The objective of the fund is to assist the entrepreneurs in ensuring their products and services are given the boost to penetrate new markets with quality offering.
- Meets SME definition.
- Registered under the Companies Commission of Malaysia Act 2001 or Co-operative Societies Act 1993.
- The Company has been in operation for minimum of two (2) years.
- Must submitted the Technology Audit Report issued by SIRIM.
- Applicant is a Malaysian citizen with a minimum of 51% of equity ownership.
- No legal actions against the Directors or the Company.
- The Company has positive shareholders fund