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GVPD

GVPD – GRANT FOR HIGH VALUE ADDED PRODUCT DEVELOPMENT

MIDF

Opening Soon.jpg

Maximum 1.5Mil

Grant Amount :
Type of Grant :

R&D

Status :

Opening Soon

Agency :

MIDF

GVPD

Objective

Grant for High Value-Added Product Development (GVPD) aims to bridge the industry gap by assisting local businesses in their effort to produce complex and high value-added products.

To be eligible, your company must:

  1. government related entity:-

  2. government agencies

  3. recognised research institutions

  4. institute of higher learnings / research universities

  5. centre of excellence

  6. public private partnership initiative

  7. be a private company:-

  8. SME or non-SME registered with SSM

  9. with at least 60% equity / ownership held by Malaysians

  10. involved in the manufacturing sector

  11. that possesses a valid business license issued by local authority

  12. that has been in operation for more than 6 months


Applicable for:

  1. product development programmes

  2. awareness program

  3. industry intelligence

  4. research & competency development

  5. technology acquisition

  6. accreditation, certification, intellectual property

  7. testing of high value-added & complex product

Project Timeline

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


Funding Amount


  1. Minimum: RM50,000

  2. Maximum: RM1.5 million

Margin of Grant


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

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