Starting up a business can be challenging, and often times having financial support goes a very long way.
Below is a comprehensive list (last update: 24th Feb 2021):
SKM provides matching grants ranging from RM50,000 up to RM300,000
This program is focused on increasing cooperative involvement in potential and viable business activities to increase cooperative income.
MATRADE provides a broad range of grants for businesses mainly focus on trading (import/export) sector ranging from RM200,000 all the way up to RM5 million.
The Ministry of Science, Technology and Innovation (MOSTI) provides grants for technology companies ranging from RM500,000 up to RM15 million.
The PPRN grant aims to close the technological knowledge gap, increase productivity, and strengthen Malaysian economic development through innovation and commercialization programs.
SIRIM provides grants from RM200,000 for companies focused on manufacturing and trade (imports / exports).
Teraju provides grants for Bumiputera-majority companies ranging from RM500,000 up to RM30 million.
The grant is focused on creating a tipping point for private investment initiatives, especially in high-impact NKEA sectors.
MDEC provides grants and a wide range of programmes focused on supporting companies contributing to the digital economy.
MIDA provides grants of up to 1 million to drive investment and growth into the manufacturing and services sectors in Malaysia.
PNS provides grants of up to RM100,000 to encourage local entrepreneurs to convert their conventional business to a franchise business.
MTDC provides grants up to RM4 million for technology commercialisation and promoting the adoption of technologies by local companies.
SMECorp provides grants of up to RM500,00, along with a wide range of on-going services to support SMEs and startups.
Cradle provides grants ranging from MYR500,000 to RM2,000,000.
The grants are mainly focused on helping early stage technology startup companies get their prototype to market, as well as preliminary stages of commercialization.
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SGD 2000 — SGD 2100 monthly
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