To assist companies and enterprises to undertake upgrading and modernisation for diversifying into higher value-added activities, and improving the productivity and efficiency of service delivery. It addresses the impact of liberalisation by providing financial assistance to service providers to build up their capacity in order to withstand competition due to the opening up of markets as well as to strengthen international competitiveness.
Application manually by submitting application form. Download application form as per link: http://www.midf.com.my
- Companies incorporated under the Companies Act 1965 or enterprises registered under the Registration of Businesses Act 1956
- At least 60% equity held by Malaysians
- Possess a valid premises licence
- In operation for at least 2 years
- Annual turnover exceeding RM200,000 and full-time employees exceeding 5