Government Grant List as at February 2023

Here’s a collection of government grants available

  1. Program Agropreneur Muda, PAM
  2. RiSE4WRD
  3. Market Development Grant, MDG
  4. Service Export Fund, SEF
  5. Business Recapitalisation Facility, BRF & Low Carbon Transition Facility, LCTF
  6. SMERF


1 Program Agropreneur Muda, PAM

The Program Agropreneur Muda (PAM) is a program aiming to encourage young people to participate in all aspects of agriculture, making agriculture a sustainable income-generating career in future.

Condition to apply:-

  • Individuals from Malaysia between the ages of 18 and 40
  • Possessing fundamental knowledge of reading, calculating, and writing
  • Training programs approved by the Ministry of Agriculture and Food Industries or its subsidiaries are required for new applicants.
  • New applicants can avoid the training course if they have a qualification from the Malaysian Qualifications Agency (MQA) or another institution with a focus on agriculture.
  • Prior those who possess lands that can be used for project implementation

Further Details:



RiSE4WRD is a programme launched by Human Resources Development Corporation (HRD CORP) to support the Fourth Industrial Revolution (IR 4.0).

Target Group

  • Participants in the Industry4WRD Readiness Assessment who are SMEs
  • SMEs who choose to pursue training in accordance with the Industry4WRD Readiness Assessment report


  • To be eligible to participate, SMEs in the manufacturing and service industries must complete a Readiness Assessment (RA) and identify the high-tech instruments used in their transformation plans.

Further Details:

3 Market Development Grant

The Market Development Grant (MDG) is a support initiative in the form of a reimbursable grant. MDG was introduced in 2002 with the objective of assisting exporters in their efforts to promote Malaysian made products or services globally.

Eligible recipients  

  • Small and Medium Enterprises (SMEs)
  • Professional service providers (Sole proprietor or partnership)
  • Trade and industry associations, chambers of commerce or professional bodies
  • Co-operatives

Allowance amount

  • Up to RM300,000 per company
  • Reimbursements are contingent on the availability of government funds.

Further Details:


4 Services Export Fund, SEF

SEF provides assistance to Malaysian Service Providers (MSPs) to undertake activities to expand and venture into the international market.

The objectives are:

  • Increasing the international competitiveness of Malaysian service providers (MSPs).
  • Increase MSP accessibility and export in the global market;
  • To broaden the scope of export promotion in order to gain market access and export opportunities for services; and
  • To raise Malaysia’s international profile as a competent service provider and to brand Malaysia as a service supplier.

Further Details: Services Export Fund


5 Business Recapitalisation Facility, BRF

Bank Negara Malaysia (BNM) will introduce 2 new facilities under BNM’s Fund for SMEs:

  1. Participating financial institutions (PFIs)
  2. Equity financing through third party equity financiers (blended finance)
  • Financing Amount: Up to RM 5 million
  • Financing Period: Up to 10 years
  • Financing Rate: Up to 3.5% – 5%

Low Carbon Transition Facility, LCTF


Aiming to encourage SMEs to adopt sustainable practices for business resilience.


  • Financing Amount: Up to RM 10 million
  • Financing Period: Up to 10 years
  • Financing Rate: Up to 5%


Further Details:



New financing assistance scheme (SMERF) is here for SMEs to support SME overcome the Covid-19 pandemic!


  • Financing amount up to RM250,000 / 90% of total costs of eligible items
  • Who is eligible?
  1. Qualified SME
  2. Companies incorporated in Malaysia
  3. At least 60% equity held by Malaysians


Further Details: