Please be in informed that the eligibility criteria for the downstream sector under the MRC Fund for Automation & Green Technology has been revised with effect from 1st January 2020. The decision was made in light of sustainability of the Fund. With this revision, the maximum claimable grant amount will be based on average cess contribution in the last 3 years as shown below. Besides that, the applicant company should also be producing and exporting predominantly cessable rubber products.
SME Companies |
|
Cess Contribution |
Maximum Grant |
More than RM 30,000 |
RM 500,000 |
RM 5,001 - RM 30,000 |
RM 300,000 |
RM 1,000 - RM 5,000 |
RM 200,000 |
Non SME Companies |
|
Cess Contribution |
Maximum Grant |
More than RM 500,000 |
RM 1 million |
RM 100,001 - RM 500,000 |
RM 500,000 |
RM 1000 - RM 100,000 |
RM 300,000 |
The MRC Fund for Automation & Green Technology has been extended to the midstream sector with effect from 1st September 2021. This is to provide a platform for financial assistance to the midstream sector to be in line with the latest technology development in automation and green technology.
Maximum Grant |
|
RM 300,000 |
For more clarification on the above, please do not hesitate to contact Ms Najlaa / Ms Shafinaz @ 03-2782 2100 or email to agt@myrubbercouncil.com