TM SME. BIZ, is a comprehensive business solution Provider that gives you voice, broadband and value added services at affordable rates making TM a one-stop solutions provider with a comprehensive range of tools to help your business grow. Our cost-saving packages are designed with your needs in mind; facilitating daily operations and maximising market reach through web presence. Our services include the Business Broaband, Business Phoneline, Business Internet Services and other Business Solution.
Venture Capital
Venture capital (VC) is, in a nutshell, "risk money". VC investments in companies are often not supported by any collateral and venture capitalists are dependent on successful management. Thus, while venture capitalists put in sizeable investments into companies, they have little control over the management of the company. The high risk they face is offset by potential high returns when an investee company succeeds.
Angel Funding
This is a form of venture capital from individual investors. Angel investors look for companies that exhibit high-growth prospects, have a synergy with their own business or compete in an industry in which they have succeeded. Companies seeking equity capital from angel investors must welcome the outside ownership, and perhaps the surrender of some control.
Grants
These are funds that are normally disbursed by government bodies, in order to help finance a new or underdeveloped sector that the government is eager to grow. Grants are issued under special programmes as part of the Ninth Malaysian Plan (visit www.epu.jpm.my/rm9/english/)
According to your company's needs you could apply for grants from:
These grants may be helpful to your companyBrand Promotion Grant (MATRADE) Grant for Business Planning and Development Grant (SMIDEC) Brand Promotion Grant (MATRADE)
If you have a product with generic properties it can be tough to establish yourself, especially in the international market. For example, if you are the manufacturer of your own toothpaste, it is important to have a strong brand image in order to compete with strongly established brands. (Learn more about brand strategy in Section 9)
The objective of the Brand Promotion Grant (BPG) is to develop and promote Malaysian products and services abroad. This Grant applies to brands approved by MATRADE's Brand Grant Approval Committee. Evaluation of brands will take into account:
How much you can get
A 100 per cent reimbursement grant for the development and promotion of a brand subject to maximum grant of RM1 million. SMEs are eligible to apply for this grant.
A maximum 10 per cent of the total grant approved will be disbursed in the form of "advance payment", while the remaining 90 per cent of grant approved will be disbursed as 100 per cent reimbursable grant. Advance payment will only be considered for all initial work related to development of the branding plan.
In order for your company to be eligible:
For more information on this grant, contact:
Chief Executive Officer Malaysia External Trade Development Corporation (MATRADE) Export Facilitation Division 7th Floor, Wisma Sime DarbyJalan Raja Laut 50350 Kuala Lumpur
This grant is designed to help finance the advisory cost incurred for the following research activities:
Eligible applicants include manufacturers, those with plans to go into manufacturing or those who are involved in services related to manufacturing which are promoted under the Promotion of Investment Act (PIA) 1986.
The maximum grant allocated per company is RM40,000 whereby 50 per cent of the total project cost is borne by the Government and the balance is borne by the applicant.
In order for your company to be eligible
For further information, contact:
Small and Medium Industries Development Corporation (SMIDEC) Tel : 03-76287400 Fax: 03-76601919
To learn more about the disbursement of funds and government incentives, as well as how to apply for them, please visit these websites: www.technopreneurdevelopment.net.my/cms/AllProduct.asp?CatID=69www.smecorp.gov.my/