The MADANI Smart Automation Grant (SAG MADANI) was introduced under the MADANI Economy initiatives in August 2023.
The main objectives of the SAG MADANI are as follows:
a) Supporting and assisting Micro, Small and Medium Enterprises (MSMEs) to automate and digitalise their operations and production processes.
b) Enhancing productivity and efficiency in the manufacturing and service sectors.
c) Creating employment opportunities in high-value-added sectors.
d) Stimulating domestic investment
Applications received by the Malaysian Investment Development Authority (MIDA) from 10 November 2023 until 31 December 2023 will be eligible for consideration for this grant. However, the approval of these applications is subject to the availability of funding and allocation by the Government of Malaysia and the prevailing policy in force.
The application should be made online at https://investmalaysia.mida.gov.my/