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Business Development

High Impact Product Matching Grant (HIP)

 

This programme is considered for food industry and agribusiness entrepreneurs in the Small Category who earn an annual gross sales value of RM300,000 to RM5 million. The sales value must be proven with an account statement or balance sheet that has been audited by an independent auditor. This programme provides assistance in the form of matching grants covering such scopes as:

  • Product quality development research
  • Packaging and labeling design
  • Increased production capacity
  • Improvement of premises

HIP Matching Grant Programme Schedule

PointDescription
Scope

Product quality development research

Packaging and labelling designIncreased production capacityImprovement of premises
RateMatching grant (Grant 50% : Entrepreneur 50%)
Grant ValueMaximum RM200,000/ application