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Smart Automation Grant under PENJANA B

The Smart Automation Grant is offered to Malaysian Small and Medium Enterprises (SMEs) and Mid-Tier Companies (MTCs) in Manufacturing and Services Sector.

The grant will be given on a matching basis (1:1) based on eligible expenditures, up to a maximum grant of RM1 million per company.

The main objectives of the Smart Automation Grant are:

  1. To assist as well as incentivise SMEs and MTCs to automise and digitalise operations, production and trade channels
  2. To improve efficiency in the manufacturing and services sector
  3. To reduce reliance on low-skilled foreign workers
  4. To provide job opportunities in high value-added sectors
  5. To enhance SME competitiveness on an international level
  6. To be aligned with the National Policy on Industry 4.0
  7. To boost domestic investment

Eligible company may apply for MIDA Smart Automation Grant (SAG) from 4 December 2020 until 31 December 2021. However, consideration of such application is subject to the availability of funding and allocation by the Government of Malaysia and current policy in force.

Application form for Smart Automation Grant

Presentation Slide – Smart Automation Grant (SAG) under MIDA

 

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