More Fun with Funds from SMIDEC
Great news for those that are categorized as SME or SMI. Disregard of any industry, whether you are in the manufacturing, services or ICT line, SMIDEC is here to help you through the provision of advisory services, fiscal and financial assistance, infrastructure facilities, market access and other supporting programmes. (To define yourself as SME or SMI, click here.)
There are various of incentives, grants and soft loans provided by SMIDEC and their agencies to assists and promote Malaysia’s SME and SMI. Imagine at the interest rate of 2% for a soft loans with range from RM 50k to RM 3 Million, as compared with the banks, you can earn more even if you save it in a fixed deposit. (of course, there are terms and condition applies, please do check out their sites for more information). Apart from that, there are schemes for Franchise Developments, Marketing, Office Rental Subsidized, Office Equipments and etc. So, why wait. Hurry up, make your call.
Money always the first priority, I will leave the other supports and services provided by SMIDEC for you to explore, I will mainly focus to provides links that are Money related.
- Small & Medium Industries Development Corporation (SMIDEC) – for Business Start Ups, Product Process Improvements, Packaging, Certification and Soft loans
- Malaysia External Trade Development Corporation (MATRADE) – Marketing and Brand promotional fund
- Malaysia Productivity Corporation (MPC) – List of Management programmes, such as Quality management, productivity management and etc.
- Malaysia Industrial Development Authority (MIDA) – Incentives for various industry range from Manufacturing, High-Tech to Small scale companies.
- Ministry of Entrepreneur and Co-operative Development (MECD) – Schemes for entrepreneurs, including of franchise development, seed capital, Graduate Entrepreneur and etc.
- Ministry of Agriculture and Agro-Based Industry (MOA) – Food Food Food, and agriculture based funding scheme.
- Ministry of Rural Regional Development (MRD) – For the Bumiputras to rebuild and developed their kampungs….
- Malaysian Technology Development Corporation (MTDC) – Acquiring new Technologies from abroad? or Research a new high tech gadget to bring down iPod?
- Malaysia Venture Capital Management Berhad (MAVCAP) – Cradle Investment Programmes and Venture Capital Financing, as mentioned on previous blog entry.
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Life is interesting, its all about experimenting, trial and errors and self improvments. This blog is all about my personal experience. I am full with ideas, and i will achieve every one of them step by step.
dear chee hong,
i am a local boy opening a full service strategic brand consultancy in june. i will be partnering with a Brit and we are looking into possibilities to present and made known our services to the SMEs of Malaysia in terms of our expertise branding and strategies. please do e mail me for more information and please do enlighten me with regards of the things i can link or do with the bodies that you have mentioned above. thanking you in anticipation,
cheah