Smart Automation Grant under PENJANA B - MIDA | Malaysian Investment Development Authority

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:

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

Applications received by Malaysian Investment Development Authority (MIDA) from 4 December 2020 to 31 December 2021 are eligible to be considered for this grant.

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:

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

Applications received by Malaysian Investment Development Authority (MIDA) from 4 December 2020 to 31 December 2021 are eligible to be considered for this grant.