High Value-Added Product Development Programme (HVAD-P)

Minimum: RM50,000

Maximum: RM1.5 million

Disbursement of the Grant shall be made on reimbursable basis

Up to 90% of the total cost (as per eligible items).

Eligible criteria to apply for the Grants are as follows:

(a) Government Related Entities:

• Government Agencies; or
• Recognized Research Institutions; or
• Institute of Higher Learnings/Research Universities (IHLs/RU); or
• Centre of Excellence; and/or
• Public Private Partnership initiative.

(b) Private Companies/Firms:

• SME or non-SME duly registered with SSM;
• with at least sixty percent centum (60%) equity/ownership held by Malaysians;
• possesses a valid business licence issued by local authority; and
• in operation for more than six (6) months.

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