The Government has also introduced the ‘Industry4WRD Domestic Investment Strategic Fund (DISF)’ under the Budget 2019. The Industry4WRD DISF provides matching grant in the form of 60:40 ratio based on a reimbursable basis to Malaysian companies which have undertaken the Industry4WRD RA programme.
Due to an overwhelming interest in MIDA HIF (High Impact Fund) and DISF (Domestic Investment Strategic Fund), the program has reached its fund capacity and is put temporarily on hold. MIDA is no longer taking new applications at this time and registration is closed effective 17 December 2021.
The consideration for the grant application is subject to the availability of funding and allocation by the Government of Malaysia and current policy in force.