Purpose of Financing

• Working capital and /or;
• Capital expenditure (CAPEX)

Tenure

• Up to 10 years

Eligibility Criteria

Malaysia SMEs* in the following sectors:
Manufacturing

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

Services

• Information and Communication Technology (ICT),
• Research and Development.

Or

Businesses (including commercially ready start-ups) involved in providing technology solutions:
Green Technology

• Renewable energy & energy efficiency,
• Transportation.
  – Clean transportation, electric vehicle, battery development
• Natural resources
  – Sustainable water and waste management
  – Aquatic conservation and pollution prevention
• Circular economy
  – Reusing, recycling and remanufacturing
  – Repurposing of stranded assets
• Agritech
  – Precision and automated farming
  – Vertical farming
  -Farming using drones, IoT and big data analytics
• Low carbon technologies
  – Low carbon-emitting technologies (Carbon, capture, utilisation and storage (CCUS), low carbonhydrogen)

Businesses (including commercially ready start-ups) involved in providing technology solutions:
Digital And 4IR Technology

• Smart manufacturing (IoT solutions),
• Artificial Intelligence (AI),
• Big data analytics,
• Virtual/ Augmented reality,
• Robotics,
• Drone technologies,
• Connectivity and distributed infrastructure (5G, blockchain, cloud computing),
• 3D printing,
• Software development (digital healthcare technology, e-commerce, fintech and payment platform, gaming mobility solutions)

Biotechnology

• Neurotechnology,
• Biohealth (genetics),
• Biosciences (crop and yield improvement).

Or

• SMEs and start-ups in key Government programmes that are involved in innovation and commercialisation for range of critical technologies such as 4IR-related technology, green technology, digital and biotechnology under national blueprints. List of eligible programmes will be updated periodically at www.bnm.gov.my/covid19

Note:
1. Recipients of Special Relief Facility (SRF), PENJANA SME Financing (PSF) and/or PENJANA Tourism Financing (PTF) are eligible for the HTG, for the purpose of financing capital expenditure only.
2. All programme participants are encouraged to obtain a letter from the respective agencies to ease verification process by PFIs

Financing Rate To SMEs

• Up to 3.5% p.a. for financing without guarantee; or
• Up to 5% p.a. inclusive of guarantee fee.

Application Procedure

• Submit an application directly to the Participating Financial Institutions (PFIs) and approval will be subject to the credit assessment of PFIs.

Availability

• Until 31 December 2023