Geran Inovasi & Pengkomersialan Vendor (GIPV)

Bridge the industry gap by assisting local businesses in their effort to produce and commercialise complex and high value-added products
*Grant under High Value-Added Product Development Programme

Create new products/services/processes that focuses on market needs and future innovation;
Improvise the existing products/services/processes that optimize Vendors productivity, sustainability and technology advancement; and
Accelerate the commercialisation of products/services/processes to increase opportunities for Vendors to become global players.

Maximum: RM1 million

Disbursement of the Grant shall be made on reimbursable basis.

The funding of this Grant is up to 90% of the total cost or maximum of RM1 million, whichever is lower.

The Grant focuses on market driven products, processes and services and is supported by Anchor companies through any two (2) of the following phases:

Pre-commercialisation;
and/or Commercialisation.

Note: Projects under the earlier phases of Research & Development (R&D) can be considered and subject to approval.

Projects are to be completed within 24 months from the date of approval.

Geran Inovasi & Pengkomersialan Vendor (GIPV)

Objective

Funding Amount

Disbursement of Grant

Margin of Grant

Scope of Project

Project Timeline

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