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High Tech & Green Facility/-i (HTG/-i).

Objective


Designed to help SMEs and innovative start-ups to grow their businesses and invest in strategic sectors and technologies fields (digital tech, green tech and biotech) for a sustainable and entrenched economic recovery.

Eligibility


Malaysian SMEs involved in the following sectors:

Manufacturing

  • Electrical and Electronics (E&E)
  • Chemicals
  • Refined petroleum
  • Machinery & Equipment (M&E)
  • Medical devices and pharmaceuticals
  • Automotive and transport equipment (including aerospace; vehicle and parts manufacturers)

Services

  • Information and Communication Technology (ICT); and
  • Research and Development (R&D) services.

[Sectors identified as being most aligned with Malaysia's long-term strategic development goals under the National Investment Aspirations (NIAs)

 OR

SMEs involved in existing innovation programmes by the Government for a range of critical technologies, from undertaking R&D, technology co-creation to technology licensing for development purposes. This also include late stage tech-start-ups under Government programmes that are developing critical technologies and ready to graduate to bank-based financing.

OR

SMEs involved in providing critical technologies such as green technology, digital and biotechnology.

Facility Type


  • Term Loan / Commodity Murabahah Term Financing-i (CMTF-i)
  • Letter of Credit / Letter of Credit-i

Financing Purpose


Working capital and/or capital expenditure (CAPEX) and shall not be used to refinance existing credit facilities by the same or other financial institutions.

Financing Quantum


Up to RM 10.0 million

Financing Tenure


Up to 10 years

Effective Rate


Term Loan / Commodity Murabahah Term Financing-i

Up to 5.00% p.a.

Letter of Credit / Letter of Credit -i

0.1% per month (min RM75.00)

Required Document


  • Latest 6 months Bank Statements
  • Copy of directors’ Identity Card
  • Business registration and related statutory documents
  • Audited/management accounts for the last 2 financial years

How to Apply


More Info