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GRANT'S NAME Facilitation Fund
AGENCY Unit Peneraju Agenda Bumiputera (TERAJU)
PURPOSE Facilitation Fund was created as a tipping point for private investment initiatives. A 15% grant of the total eligible costs for infrastructure and equipment components act as a catalyst for investment by Bumiputera companies, especially in high-impact NKEA sectors.
AMOUNT OF GRANT RM 500,000 - RM30,000,000 (Matching grant)
SECTOR Manufacturing,Primary,Services
ELIGIBILITIES
  1. The effective Bumiputera shareholding in the company is at least 51%.
  2. For a Public Listed Company (PLC), at least 35% effective Bumiputera shareholding.
  3. The CEO / MD or highest management position must be a Bumiputera.
  4. Companies investment value in project should be at par or more than 50% of total fund applied.
  5. Has the required capacity, ability, skills and experience required for project execution.
  6. Has strong financial position and able to secure commercial financing for the project.

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