FUNDS/INCENTIVES
INCENTIVES
Incentive Packages
- Market Exploration
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SBIM1 - Participation in MRC-coordinated International Trade Exhibitions
(Recovery & Resilience Package)- A pre-determined grant by region to cover trade fair related expenses.
- Participation by *regional officers (no officer travelling from Malaysia)
Regions Pre-Determined GrantNorth America / Latin America / Canada RM25,000Europe / Central Asia / Middle East RM25,000Africa RM18,000Asia / Oceania RM15,000South East Asia RM12,000
Activity Claim EligibilityBooth only 70% from predetermined grant by regionAccommodation cost (if any) Additional 15% from predetermined grant by region
*Regional officers refer to officers employed by the applicant company. Third party participation
(i.e.: distributors/ suppliers/ partners/ translators/ part timers) is not claimable.
SBIM2 - Participating in International Trade Exhibitions of Companies' Choice
(Recovery & Resilience Package)- A pre-determined grant by region to cover trade fair related expenses.
- Claims are limited to participation in eight (8) international trade exhibitions, subject to a maximum claim of RM100,000 per company per year.
- Participation by *regional officers (no officer travelling from Malaysia)
Regions Pre-Determined GrantNorth America / Latin America / Canada RM25,000Europe / Central Asia / Middle East RM25,000Africa RM18,000Asia / Oceania RM15,000South East Asia RM12,000
Activity Claim EligibilityBooth only 70% from predetermined grant by regionAccommodation cost (if any) Additional 15% from predetermined grant by region
*Regional officers refer to officers employed by the applicant company. Third party participation
(i.e.: distributors / suppliers /partners/ translators/ part timers) is not claimable.
SBIM3 - MRC-organised Marketing Missions, Specialised Missions and Working Visit
- Cost of return economy class airfare ticket for one person.
- 50% of accommodation cost for one person, subject to a maximum claim of RM500 per night.
SBIM5 - Purchase Market Research Report (Recovery & Resilience Package)
- A matching grant of 50% to purchase market research report, subject to a maximum of RM10,000 per company per year.
SBIM9 - Participation in International Trade Exhibitions in Malaysia
- A pre determined grant of RM6,000 per trade exhibition
- Claims are limited to participation in four (4) international trade exhibitions per company per year.
- Building Trust
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SBIM4 - Attainment of Internationally Recognized Product Certification (Recovery & Resilience Package)
- 50% of costs incurred in attaining product certification, for a product not previously certified, including the costs of tests leading to the certification, subject to a maximum claim of RM30,000 per company per year. Expenses incurred for tests which failed to meet the requirements for certification are not claimable.
- The certification body has to be accredited to ISO/IEC 17605 or any bona fide body authorized for product certification mandatory to the export market.
SBIM11 - Management System Certification (Recovery & Resilience Package)
- 50% of audit costs incurred in attaining management system certification / accreditation excluding the consultation and training cost, for a company previously not certified / accredited, subject to a maximum claim of RM20,000 per company per certification / accreditation for the following :
- ISO14001 (Environmental);
- ISO13485 (Medical Devices);
- IATF 16949 (Automotive Parts);
- ISO 9001 (Quality)
- ISO 50001 (Energy)
- ISO 17025 ( Accreditation of Laboratories)
- OHSAS (Occupational Health and Safety)
- Medical Device Single Audit Program (MDSAP)
- Brand Reputation Compliance Global Standard (BRCGS)
SBIM16 - Purchase of Essential Testing Equipment
- A matching grant for the purchase of new eligible testing equipment approved by MRC subject to a maximum of RM50,000 per company.
- Only equipment with the value of RM5,000 and above (per unit) are eligible for incentive.
- The eligible laboratory testing equipment are as follows :
- For industry- specific testing equipment which are not listed above, companies may write in to MRC Incentive Committee for consideration.
Testing EquipmentsBrookfield Viscometer Mooney Viscometer pH Meter Rheometer Balance Machine Hardness Tester Tensile Tester Mechanical Stability Testing Machine (MST) Specific Gravity SG Tester Apparatus for Compression Set Measurement Hot Air Oven Dumb-Bell Cutter
SBIM18 - Product Registration (Recovery & Resilience Package)
- A matching grant of 50% for new and renewal of product registration fee subject to a maximum of RM30,000 per company per year.
- The eligible product registrations covered are as follows :
- US Food and Drug Administration
- National Medical Products Administration (NMPA or China FDA)
- CE Mark
- WHO Prequalification
- UK Conformity Assessment (UKCA)
SMG Certification Fee
- 90% of the total cost of testing to obtain SMG certification
- 50% of the testing cost for SMG surveillance for companies with existing SMG product certification
- Nurturing Global Brands
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SBIM8 - Production of Promotional Materials
- 50% of expenditure to produce promotional material(s), subject to a maximum claim of RM10,000 per company per year.
SBIM10 - Website Development
- 50% of website development cost or upgrading cost (for companies with existing website), subject to maximum claim of RM10,000 per company per year
SBIM12 - Brand Name Registration
- 50% of costs incurred in successfully registering brand names in international markets, subject to a maximum of RM50,000 per company.
SBIM20 - E-Commerce Platform / Virtual Exhibition
- Companies can claim 70% cost up to RM10,000 per year for:
- Registration/ renewal fee for e-commerce platform,
- Participation in virtual trade exhibition
- Talent Enrichment
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SBIM13 – Scholar-Centric Internship Programme (Recovery & Resilience Package)
- Internship allowance, up to a maximum of RM 1,000 per month, for a duration of 6 months per intern.
- Only applicable for recruitment of MRC scholars.
For more info on the available pool of scholars, please refer to the link below:
View Candidates
SBIM14 - Training & Development (Recovery & Resilience Package)
- 50% of physical or virtual seminar / workshop / training / technical short courses fee OR external trainer's fee for in-house training subject to a maximum claim of RM10,000 per company per year.
- Claims submitted under the HRD Corp or any other agencies' training grants are not eligible for SBIM14.
- SME Capacity Development
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SBIM7 - Market Visit (Recovery & Resilience Package)
- A pre-determined grant by region to cover market visit related expenses.
- Limited to participation in four (4) international market visit per company per year.
- NOT eligible for market visit organized in conjunction with participation in any international trade shows, specialized missions & working visits.
- Only micro, small and medium enterprises are eligible for this incentive. MRC adopts the current definition of SME categories endorsed by the National SME Development Council as follows:
- Micro : Sales turnover RM300K
- Small : Sales turnover RM300K to < RM15 million
- Medium : Sales turnover RM15 million to ≤ RM50 million
Regions Pre-Determined GrantNorth America / Latin America & Canada RM5,000Europe / Central Asia / Middle East RM5,000Africa RM4,000Asia / Oceania RM3,000South East Asia RM1,000
SBIM17 - Participation in MRC-Led Umbrella Concept Exhibitions (Recovery & Resilience Package)
- A pre determined grant by region to cover trade fair related expenses.
- Only micro, small and medium enterprises are eligible for this incentive. MRC adopts the current definition of SME categories endorsed by the National SME Development Council as follows:
- Micro : Sales turnover RM300K
- Small : Sales turnover RM300K to < RM15 million
- Medium : Sales turnover RM15 million to ≤ RM50 million
Regions Pre-Determined GrantNorth America / Latin America & Canada RM8,000Europe / Middle East / Central Asia / Africa RM8,000Asia / Oceania RM4,000South East Asia RM3,000
SBIM19 - Digitization (Recovery & Resilience Package)
- A matching grant up to a maximum of RM10,000 per company per year to purchase relevant software/s to implement digital solution for the listed areas:
- Customer Management
- Finance Management
- HR Management
- Inventory Management
- Workflow Tracking and Management
- Business Analytic Software
- Design Software
- Only micro, small and medium enterprises are eligible for this incentive. MRC adopts the current definition of SME categories endorsed by the National SME Development Council as follows:
- Micro : Sales turnover RM300K
- Small : Sales turnover RM300K to < RM15 million
- Medium : Sales turnover RM15 million to ≤ RM50 million
Apart from the existing listed areas, other relevant digital solutions, ranging from basic remote working tools to more advanced software to ensure business continuity without any disruption may be considered.
- Social Compliance
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SBIM22 – Social Compliance Standard (Recovery & Resilience Package)
- Matching grant (50%) of cost incurred to conduct social compliance audits (as below) up to a maximum of RM50,000 per company.
- Pre – assessment fee (which may be required by certain companies to gauge the level of readiness for the implementation of the social compliance standards)
- Audit fee to attain the social compliance standards.
- Correction plan (if nonconformities have been identified).
- The audit firm engaged must be a member of Association of Professional Social Compliance Auditors (APSCA). Audit must be conducted by auditor/s with APSCA Registered Auditor (RA) Status
RECOVERY & RESILIENCE PACKAGES
Malaysian Rubber Council is pleased to announce the Recovery & Resilience Packages which aim to assist companies, especially the SMEs, towards sustainable recovery and strengthening their resilience not only towards pandemic related shocks but also to weather the challenges brought by the weak global economy.
Click here for more informationNew and updated packages as listed below:
- Purchase of Market Research Reports (NEW)
- Scholar-Centric Internship Programme (NEW)
- Participation in MRC-led Umbrella Concept Exhibitions – SME only
- Market Visits – SME only
- Digitization – SME only
- Participation in International Exhibitions
- Product and Management System Certifications
- Product Registration
- Training and Development
- Social Compliance Standards
Please check out the incentive guidelines for more detailed information on claimable expenses, supporting documents and other relevant information.
Contact Us
Secretariat, Incentives
Malaysian Rubber Council (MRC)
Unit No. 36-02, Level 36, Q Sentral
2A Jalan Stesen Sentral 2, Kl Sentral
50470 Kuala Lumpur.
Mr Jeffrey / Ms Shahida
(603) 2782 2100
(603) 2782 2199
[email protected]
[email protected]
Malaysian Rubber Council (MRC)
Unit No. 36-02, Level 36, Q Sentral
2A Jalan Stesen Sentral 2, Kl Sentral
50470 Kuala Lumpur.
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