Aerospace and Electrical & Electronic Investment Fund (AEEIF)

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Bridge the industry gap by assisting local businesses in their effort to produce and commercialise complex and high value-added products
*Grant under High Value-Added Product Development Programme

Objective

  • To spur investment in high technology industries particularly in the Research and Development (R&D) field including Industry 4.0 adaptation in the aerospace and Electrical & Electronic (E&E) industries to achieve the targets set in the 12th Malaysia Plan under the Aerospace Industry Framework and Industry 4WRD initiatives; and
  • To facilitate aerospace and Electrical & Electronic (E&E) companies in making investments to increase their capacity to become leading manufacturers/ service providers in the global supply chain.

Funding Amount

Aerospace

  • Minimum: RM100,000
  • Maximum: RM40 million

E&E

  • Minimum: RM100,000
  • Maximum: RM20 million

Disbursement of Grant

Disbursement of the Grant shall be made on reimbursable basis

Margin of Grant

The Grant will be given on a matching basis of up to a maximum of 80% based on eligible expenditures.

Scope of Project

The grant is provided to companies in the aerospace and E&E sectors to undertake the following R&D activities:

  • Pilot plant/ prototype;
  • Pre-clinical testing/ clinical testing/ field trials/ stress test/ user acceptance test;Intellectual Properties (IP);
  • Market testing and evaluation;
  • Regulatory and standards compliance;
  • Special Services;
  • Raw materials/ consumables;
  • Administration; and
  • Technology/ IP Acquisition.

Note: The list above is not an exhaustive list and shall be subject to review from time to time.

The proposed projects must be within the framework of the priority areas as follows:

1. Aerospace

  • Advanced Manufacturing Technologies​
    • Additive Manufacturing / Cold Spray Process / Horizontal Forging / Chemical Milling​
  • Materials and Fuel Innovations​
    • Bio-Sourced Materials / Bio-Jet Fuel / Hydrogen Fuel​
  • Aircraft and Propulsion Systems​
    • Electric Aircraft / UAV/Drone / eVTOLs
  • Advanced Technologies​
    • Smart Materials / Electron Beam Welding / Sensor Technologies / Artificial Intelligence / Digital Connectivity / Urban Air Mobility / Autonomous Flight Systems / Virtual/Augmented Reality / Multiphysics Simulations / Satellite/Rocket​
  • Infrastructure and Systems​
    • Smart Airport Systems / Air Traffic/Radar Systems / Aircraft Cabin Parts / Airframe Enhancement / Aircraft Recycling/Remanufacturing / Advanced MRO Technologies​

2. E&E

i. Embedded System & IOT

  • Communication and Data Analytics​
    • Advanced Wireless Communication / Data Analytics / Big Data Science / Energy System Harvesting (Market Focus: Healthcare, Transportation, Manufacturing, Retail, Smart City, Agriculture)
  • Electronic Components and Sensors​
    • Organic/Printable Electronics / Sensors & Sensing / Wearables​

ii. lE Design, Test & Validation

  • Design and Testing Technologies​
    • Advanced Testing (IC/Board/SW) (Probe Cards / JTAG) / IC Design Automation (Cell Library / IP Library / AI) / UI/UX Specific/Defined SoC/IC/FPGA / Advanced Logic Emulation​

iii. Smart Manufacturing

  • Manufacturing Processes and Technologies​
    • Computer Integrated Manufacturing / Efficient Manufacturing / Scheduling Systems / Industrial Automation & Robotics / Integrated Design to Manufacturing / Supplier in Design / Smart Factory / IoT in Manufacturing / Additive Manufacturing & 3D Printing Technology / Connected Supply Chain / Low Volume, High Mix (Adaptable Manufacturing)​

The grant shall also include fixed assets acquisition and working capital to support the implementation of the project. However, standalone working capital financing is not allowed.

Eligible expenditures refer to the overall proposed Project within the framework of the priority areas specified in the Scope of Grant above.

Non-eligible expenditures:

  • Maintenance and repair costs including renovation of premise;
  • Wages paid to employees;
  • Employee benefits programmes;
  • Legal and stamp duty fees;
  • Insurance;
  • Collateral or loan including its interest paid for purpose other than the approved project scope;
  • Office expenses and supplies including general purpose computers & peripherals and mobile phones;
  • Utility expenses; and
  • Advertising and marketing expenses

Project Timeline

Projects are to be completed within 12 months from the date of approval

Let’s drive your business forward

Please email grant@midf.com.my for further enquiries or application.

A group discussing on business financing.