QUOTE(Beanbagspecialist @ Aug 30 2009, 07:37 AM)
Bro what SMIDEC grants?I thought its hard to get approval for that man.I hope we can discuss more about that this Tuesday as well...I hope you will enjoy a major profit on this ikan keli business when you finally reap the benefits next month bro...Till then...See you on tuesday 
Yeah bro actually its easy.. allocated for new bizz owner.Here , I got this info from SMIDEC Website.
SMALL & MEDIUM INDUSTRIES DEVELOPMENT CORPORATION
1. Matching Grant For Business Start-Ups
Objective
The scheme provides assistance to assist start-up of businesses.
Qualifying Criteria
. Manufacturing companies or companies providing manufacturing related services Incorporated under the Companies Act 1965 or enterprises in the manufacturing sector incorporated under the Registration of Business Ordinance 1956 with annual sales turnover of not exceeding RM25 million or full-time employees not exceeding 150
. For the services sector, businesses incorporated under the Registration of Business Ordinance 1956 with an annual sales turnover of not exceeding RM5 million or full-time employees not exceeding 50
. At least 60% equity held by Malaysians
. Possess valid premise license.
Sector Coverage
. Manufacturing
. Manufacturing Related Services**
. Services (excluding insurance and financial services)
Form of Assistance
Assistance is given in the form of a matching grant where 50% of the approved project cost is borne by the Government and the remainder by the applicant. For enterprises in the manufacturing sector*, incorporated under the Registration of Business Ordinance 1956, assistance is given up to 80% of the approved cost. The maximum grant allocated per application is RM 40,000
*Assistance to the enterprise in the manufacturing sector will only be given until 31 May 2009.
Eligible Expenses
Expenses incurred in starting up a business, including:
. Preparation of Business Planning
. Related Feasibility Studies
. Rental of incubators and business premises up to 24 months
. Rental of equipment and machineries
. Development of prototype
. Product sample and testing
**Main activities under manufacturing related services are:
. Research and Development ( R & D) such as product/ process development and software development
. Product and Process Design
. Distribution and Logistics such as warehousing, freight forwarding, bulk breaking, international procurement centre, haulage
. Marketing such as packaging and market research
. Environmental Management
. Other related services such as engineering support services, gas sterilization services, calibration and testing services
Application
Application can be made using the Matching Grant for Business Start-Ups Form which can be obtained free of charge from SMIDEC's offices or download here:
. Online Application
. Application Form & Project Proposal
. Application Checklist
Enquiry
For further information please contact:
Secretariat
Matching Grant for Business Start-Ups Small and Medium Industries Development Corporation (SMIDEC)
Aras 20, West Wing, Menara MATRADE
Jalan Khidmat Usaha, Off Jalan Duta
50480 Kuala Lumpur
Tel No: 03-6207 6000
Fax No: 03-6201 6564
E-mail : info@smidec.gov.my
Hotline : 1-300-88-1801
Website www.smidec.gov.my
Yup,see u on tuesday bro..
Added on August 30, 2009, 10:21 pm
QUOTE(Jo3y666 @ Aug 30 2009, 02:21 PM)
LOL..i can't believe a simple topic can get til so active until everyone starts to get into this business! anyway, best of luck for those who already started the business.. i personally think that i should do more survey and learn more from the pros like you all before considering to start this business..hehe, becase i am not working too(still a student)...
Thanks 2 u thread Starter.. U still have alot of time to venture.. This market still dont have enough ppl to supply on the this demanding fish.
Cheers
This post has been edited by 4lenAngel: Aug 30 2009, 10:21 PM
Aug 30 2009, 10:14 PM

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