High Value-Added Product Development Programme.

Objective

Grant for High Value-Added Product Development (GVPD) aims to bridge the industry gap by assisting local businesses in their effort to produce complex and high value-added products.

 

To be eligible, your company must:

be a government related entity:-

• government agencies
• recognised research institutions
• institute of higher learnings / research universities
• centre of excellence
• public private partnership initiative

 

be a private company:-

• SME or non-SME registered with SSM
• with at least 60% equity / ownership held by Malaysians
• involved in the manufacturing sector
• that possesses a valid business license issued by local authority
• that has been in operation for more than 6 months

 

Applicable for:

• product development programmes
• awareness program
• industry intelligence
• research & competency development
• technology acquisition
• accreditation, certification, intellectual property
• testing of high value-added & complex product

 

Project Timeline

Projects are to be completed within 12 months from the date of approval.

 

Funding Amount

• Minimum: RM50,000
• Maximum: RM1.5 million

 

Margin of Grant

Up to 90% of the total cost (as per eligible items).