What is the Industry4WRD Intervention Fund?

  • The Industry4WRD Intervention Fund is a financial support facility for Malaysian Small and Medium Enterprises (SMEs) in the manufacturing and related services sectors which have completed the government-funded Industry4WRD Readiness Assessment (RA) Programme to embrace Industry 4.0.
    1. The Fund will be provided on a matching basis (70:30) up to a maximum grant of RM500,000.00 to support companies in implementing intervention projects based on the recommendations of Industry4WRD RA Report on the shift factors of people, process and technology.
  • Applicants will have to first go through the Industry4WRD Readiness Assessment (RA) programme that helps firms assess their capabilities and readiness to adopt Industry 4.0 technologies and processes, using a pre-determined set of indicators to understand their present capabilities and gaps.
    1. Successful applicants will be approved a maximum 30% upfront payment of the 70% matching grant subject to decision by the Intervention Fund Approval Committee, whereby the balance of the remaining grant will be disbursed on a reimbursable basis.

Who is eligible for the Industry4WRD Intervention Fund?

  • Manufacturing or manufacturing-related-services (MRS) companies incorporated under the Companies Act, 2016;
  • Small and Medium Enterprises (SMEs) that fulfil the following definition:
    1. Manufacturing: Sales turnover from RM300,000 to not more than RM50 Million and/or full-time employee from 5 to not more than 200; and
    2. Manufacturing-related Services (MRS): Sales turnover from RM300,000 to not more than RM20 Million and/or full-time employees from 5 to not more than 75;
  • In operation for at least 3 years in the current business line;
  • Hold a valid Manufacturing License (ML) and/or business licenses.
  • Possess a valid business licence and/or Manufacturing Licence; and
  • Completed the Government-funded Industry4WRD Readiness Assessment (RA) Programme and received the RA report from the Malaysia Productivity Corporation (MPC).

How do I apply for the Industry4WRD Intervention Fund?

  • Steps to apply:
    1. Complete the Application Form
    2. Applications are submitted in hardcopies to the following mailing address:
      Chief Executive Officer
      Malaysian Investment Development Authority (MIDA)
      MIDA Sentral, No. 5, Jalan Stesen Sentral 5
  • The Technical Proposal Template, Guidelines and Process Workflow can be downloaded from the MIDA Website
  • For further information, please refer to the Industry4WRD FAQs