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RM5m Grant for SSSL/LEDs industry.

 

        SME Corporation Malaysia (SME Corp) which has been tasked to develop top solid-state lighting (SSL)/light-emitting diodes (LEDs) companies, is offering RM5 million

worth of grants for small- and medium-sized enterprises (SMEs) in SSSL/LEDs to become industry champions. SME Corp chairman Datuk Dr Mohamed Al Amin Abd Majid said the Green LED Programme seeks to assist SMEs to lead Malaysia in becoming a more energy-efficient country. The incentives focus on two areas, mainly for the SMEs to acquire relevant international certifications and purchase of high-level automation machinery.

A 50 per cent grant with a fixed capital of RM200,000 is available for the SMEs to acquire international certifications, while a 30 per cent grant with a capital of RM800,000 is for those that have obtained loans or acquired financing under Green Technology Funding Scheme to buy the machinery.

 

""The creation of solid-state lighting (SSL)/light-emitting diodes (LEDs) champions is one among the 15 projects under the Electric and Electrical National Key Economic Area (NKEA) Entry Point Projects (EPPs) and it aims to grow at least five local companies into global champions in technology and manufacturing," said Datuk Dr Mohamed Al Amin Abd Majid, SME Corp chairman

- Gombug.Net

"
"

 

 

Interested companies have to fulfil several criteria, including possessing a SME Competitiveness Rating for Enhancement of at least three stars. Priority will be given to those who have obtained the 1-InnoCERT certification.

Meanwhile, SME Corp chief executive officer Datuk Hafsah Hashim said currently, there are only 30 SSL companies that are considered SMEs. Out of the 30 companies, she said only five will be selected to become global champions. She added that the RM5 million grant came from the Performance Management and Management Unit (PEMANDU) and SME Corp is given the responsibility to develop the top five SSL/LED companies.

"At the moment, we are developing the industry. There are not many players in the SSL industry," she said.

The programme is the government initiative through the International Trade and Industry Ministry, in collaboration with Green Technology Corporation and Pemandu. Interested companies are encouraged to take advantage of the incentive and submit their applications through SME Corp's website by May 10.

 

Read in Bahasa Melayu

Comments  

 
0 #2 T.C Dennis 2014-04-29 14:07
Only for bumis?
Quote
 
 
0 #1 A. Brian 2012-11-05 07:22
How to apply this grant?
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