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We will assist our clients in the facilitation of all the relevant documents required by the governing body for application and claims at no obligation and cost. Our consultants shall provide you with the accurate advise on how to get the best out of the grant.

Types Of Fund: -

Small and Medium Industries Development Corporation (SMIDEC)

ITAF 3 GRANT

Grant for Productivity and Quality Improvement and Certification provides assistance to Small and Medium Enterprises (SMEs) for productivity and quality improvement and to comply with international quality standards and certification.

Manufacturing companies or companies providing manufacturing related services incorporated under the Companies Act 1965 with annual sales turnover of not exceeding RM25 million or full-time employees not exceeding 150 are eligible for the above grant.

We shall assist our clients in the facilitation of all the relevant documents required by the governing body for application and claims at no obligation and cost. Our consultants shall provide you with the accurate advice on how to get the best out of the grant.

Eligible projects are ISO 14000, ISO 13485, ISO 17025, OHSAS 18000, TS 16949, GMP, Halal and HACCP.

Eligible expenses covered by the grant are cost of consultancy and training, cost of certification, cost for testing and calibration and cost of acquiring equipment for product testing, pollution prevention and safety.

Human Resource Development Fund (HRDF)

The HRDF operates on the basis of a levy/grand system. Employers who paid the levy will qualify for training grants from the fund to defray or subsidize training costs for their Malaysian employees.

The rate of financial assistance is 100% of the allowable costs incurred for training such as ISO related training and up to 50% for costs incurred overseas. The fund is subject to availability of levies in the employer’s account with the Pembangunan Sumber Manusia Berhad (PSMB).

For specific industries, apprenticeship schemes developed and implemented by PSMB help in providing trained workers to the industries. A RM35 million Apprenticeship Fund established by PSMB pays for the tuition fees of apprentices sponsored by employers in PSMB-initiated Apprenticeship Schemes. At the same time, 100% of allowable training costs such as apprentices’ monthly allowances, insurance premiums and consumables, can be reimbursed from levy contributions.

Prinsip Mahir Sdn Bhd is registered to PMSB as approved training provider who is specialized in ISO related training. We utilize combination of training and consulting, customized to the unique requirements of each situation. All our training conducted either in-house or public training is 100% HRDF claimable.

Contribution Guidelines for employers: -

Companies that employ 50 or more Malaysian workers 1% of employees’ monthly wages
Companies that employ less than 50 to a minimum of 10 employees, with a paid up capital of RM2.5 million or more 1% of employees’ monthly wages
Companies that employ less than 50 to a minimum of 10 of employees, with a paid-up capital of less than RM 2.5 million

(Note: For this category, the Government contributes RM2.00 for every RM1.00 spent)

Option of registering with the HRDF and paying a levy of 0.5% of the employees’ monthly wages

 

 

 

 

 

 

 

 

 

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