High Value-Added Product Development Programme (HVAD-P)

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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

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.

Funding Amount

Minimum: RM50,000

Maximum: RM1.5 million

Disbursement of Grant

Disbursement of the Grant shall be made on reimbursable basis

Margin of Grant

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

Scope of Project

Eligible criteria to apply for the Grants are as follows:

(a) Government Related Entities:

  • Government Agencies; or
  • Recognized Research Institutions; or
  • Institute of Higher Learnings/Research Universities (IHLs/RU); or
  • Centre of Excellence; and/or
  • Public Private Partnership initiative.

(b) Private Companies/Firms:

  • SME or non-SME duly registered with SSM;
  • with at least sixty percent centum (60%) equity/ownership held by Malaysians;
  • possesses a valid business licence issued by local authority; and
  • in operation for more than six (6) months.

Project Timeline

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

Let’s drive your business forward

Please email [email protected] for further enquiries or application.

A group discussing on business financing.