The Industry4WRD Readiness Assessment Intervention Programme or in short known as ‘Industry4WRD Intervention Fund’ was launched by the Government in Budget 2019. It is a financial support facility for Malaysian SMEs in the manufacturing and related services sectors to embrace Industry 4.0. This Fund is eligible for all SMEs which have completed the government-funded Industry4WRD Readiness Assessment (RA) programme. MITI has appointed MIDA as the Implementing Agency for the Industry4WRD Intervention Fund.
The fund will be provided on matching basis (70:30) based on eligible expenditures, up to a maximum grant of Ringgit Malaysia Five Hundred Thousand (RM500,000.00) only. Maximum 30% of the matching amount (70% of total grant) will be provided in upfront to the companies subject to the approval by Intervention Fund Approval Committee at MITI, whereby the balance of the remaining grant will be on reimbursable basis which will be deliberated at MIDA.
This Fund is eligible for all SMEs in the manufacturing and related services sectors which have completed the government-funded Industry4WRD Readiness Assessment (RA) programme.
The application should be submitted to:
Chief Executive Officer
Malaysian Investment Development Authority (MIDA), MIDA Sentral,
No. 5, Jalan Stesen Sentral 5,
Kuala Lumpur Sentral, 50470 Kuala Lumpur.
For project in Sabah and Sarawak, the application should also be submitted to the relevant MIDA office as follows:
MIDA Sabah Office
Lot D9.4 & 9.5,
9th Floor, Block D, Bangunan KWSP, Karamunsing,
88100 Kota Kinabalu,
MIDA Sarawak Office
Room 404, 4th Floor,
Bangunan Bank Negara Malaysia, No 147, Jalan Satok,
PO Box 716, 93714 Kuching, Sarawak, Malaysia.
For enquiries and clarification, please refer to:-
MIDA website : Tel : Fax : E-mail :
(603) 2273-4208 firstname.lastname@example.org