SMI FUNDING is the leading financial advisory firm specializing in helping small and medium enterprises (SMEs) navigate the complex application process for government grants. With a team of experienced consultants, the firm provides end-to-end assistance, including organizing documentation, preparing grant applications, and crafting compelling business proposals. Their expertise ensures that every SME grant application meets the necessary requirements before being submitted to the relevant government agency for the AIF grant. By streamlining the process, SMI FUNDING maximizes the chances of approval, allowing businesses to secure essential funding for growth and development.
For further information please contact here
To view available Grants please visit here
To get immediate answer please whatsapp here
What sets SMI FUNDING apart is its commitment to guiding clients throughout the entire journey—from the initial consultation to final disbursement. Their consultants work closely with SMEs to refine proposals and address any concerns raised by government agencies, ensuring a smooth application process. By offering personalized support and expert insights, SMI FUNDING helps businesses overcome challenges and successfully obtain SME grants. With their assistance, companies can focus on expanding their operations while securing the financial resources they need to thrive.
SMI FUNDING helps clients connect with relevant government agency, bank or lenders & find the best financial solution suiting with client’s business needs. We help you calculate your DSR (Debt Service Ratio) to get the bank preapproval and your check your credit score health before we submit any loan or grant. We offer free consultation of 45 minutes to discuss and propose the right grant for client.
The AIF Fund scheme is designed to increase the participation of innovators in various innovation activities while fostering advancements in product, process, system, or service technologies. It also supports the development of new innovations with potential for commercialization. Funding under the AIF scheme is provided based on Technology Readiness Levels (TRL), ensuring that projects receive appropriate financial support according to their stage of development. Eligible project proposals should range from TRL 2, which involves concept formulation, to TRL 9, where the innovation is fully developed and ready for commercial deployment.
Funding Amount
Associations/Cooperatives/NGOs/Startups/Public or Private Institutes/Research Institutes: Full funding, maximum RM500,000.
Small and Medium Enterprises (SME): Matching grant (company funds 35%), maximum RM500,000.
Individuals (including youth, women, & disabled): Full funding, capped at RM50,000.
Duration project: 12-18 months
For further information please contact here
To view available Grants please visit here
To get immediate answer please whatsapp here
Startup Eligibility:
Registered with SSM (Malaysia)
Majority Malaysian ownership (>50%)
Minimum paid capital of RM10,000
At least 2 company directors
Technology-based business
In operation for less than 5 years
Minority Ownership Startups (<50% MY):
Proof of concept (POC) or working prototype required
Malaysian operations
At least 70% Malaysian workforce
PKS Company Funding: Matching grant (company funds at least 35% of project cost)
Location: All applicants must be registered in Malaysia
Funding Scope Overview
SMI FUNDING provides comprehensive financial support across various critical innovation stages, ensuring seamless project execution and commercialization success.
Pilot Plant & Prototype Development
Funding is available for essential equipment and infrastructure needed for pilot plants or prototype scaling. Engineering and design-related tasks are covered, excluding direct employee salaries. Support extends to equipment rentals or minor repairs, where applicable, with funding capped at 40% of the approved MOSTI allocation.
Testing & Validation
AIF funding supports various testing phases, including preclinical, clinical, nonclinical, field, stress, and user acceptance testing. Covered costs include screening and sample tests, volunteer/subject payments, and data analysis, which is limited to 20% of the approved funds.
Intellectual Property Protection
Assistance is available exclusively for IP registration within Malaysia, covering drafting services and the protection of patents, industrial designs, and project-generated intellectual property. IP incentives may also be included where applicable.
Market Research & Evaluation
Financial support extends to market sampling, data analysis, and validation processes, with market research costs capped at RM15,000. Payments to enumerators for surveys or sample collection are included, ensuring statistically reliable insights. However, funding for this category is limited to 10% of MOSTI-approved funds.
Regulatory Compliance & Certification
To facilitate commercialization, funding covers product certification processes, compliance with local and international standards, and essential regulatory requirements such as GMP, HALAL, and HACCP certifications.
Specialized Services & Consultancy
For companies requiring expert consultation, funding is available for specialized services, including market research, project evaluation, and publication fees. However, organizations seeking consultancy funding under this category cannot apply for additional market research funding. Support in this segment is capped at 20% of the total MOSTI-approved budget.
By covering these critical innovation components, SMI FUNDING ensures that businesses receive the necessary financial support to drive technological advancements and market success.
For further information please contact here
To view available Grants please visit here
To get immediate answer please whatsapp here
Comments