1. The document outlines the criteria and application process for an EPP8 SME Grant from the Malaysia Palm Oil Board (MPOB) aimed at encouraging small and medium enterprises to develop oil palm products and food/health products containing palm oil.
2. Key criteria include SMEs must be registered entities with sales under RM50M or less than 200 employees, products must have at least 40% value addition, and Malaysia equity of at least 60%.
3. The application process involves an online submission evaluated based on technical and commercial aspects, followed by presentations to the Technical Committee and Steering Committee for final approval.
1. The document outlines the criteria and application process for an EPP8 SME Grant from the Malaysia Palm Oil Board (MPOB) aimed at encouraging small and medium enterprises to develop oil palm products and food/health products containing palm oil.
2. Key criteria include SMEs must be registered entities with sales under RM50M or less than 200 employees, products must have at least 40% value addition, and Malaysia equity of at least 60%.
3. The application process involves an online submission evaluated based on technical and commercial aspects, followed by presentations to the Technical Committee and Steering Committee for final approval.
1. The document outlines the criteria and application process for an EPP8 SME Grant from the Malaysia Palm Oil Board (MPOB) aimed at encouraging small and medium enterprises to develop oil palm products and food/health products containing palm oil.
2. Key criteria include SMEs must be registered entities with sales under RM50M or less than 200 employees, products must have at least 40% value addition, and Malaysia equity of at least 60%.
3. The application process involves an online submission evaluated based on technical and commercial aspects, followed by presentations to the Technical Committee and Steering Committee for final approval.
1. The document outlines the criteria and application process for an EPP8 SME Grant from the Malaysia Palm Oil Board (MPOB) aimed at encouraging small and medium enterprises to develop oil palm products and food/health products containing palm oil.
2. Key criteria include SMEs must be registered entities with sales under RM50M or less than 200 employees, products must have at least 40% value addition, and Malaysia equity of at least 60%.
3. The application process involves an online submission evaluated based on technical and commercial aspects, followed by presentations to the Technical Committee and Steering Committee for final approval.
Some Important Facts regarding the D. Conditions for disbursement of
EPP8 SME Grant Grant by MPOB to Grantee
A. Purpose 1. Must be new investment; Plant or expansion
of Plant must not be in existence on the date To encourage Small and Medium Enterprises of Steering Committee meeting. (“SMEs”) to be involved in the local development 2. Complies with the eligible SME Grant criteria. of oil palm product and food and health-based 3. Receives approval from Steering Committee. products containing such oil palm products. 4. Reimbursable on Eligible Expenditure.2 B. Obligation on grant recipient 5. Grant shall not be used as a collateral for any loan or financial facilities to finance the Information and documents relating to Project. contribution on Gross National Income (GNI) from 6. Reimbursement is based on percentage of the manufacturing Plant, number of local skilled the total sum claimed by the Grantee. and non-skilled employees of the Plant, 7. Plant and audit visit, before disbursement of production data, sales data and such other Grant. information and documents as may be 8. Execution of Grant Agreement with MPOB. determined by the Ministry of Plantation Industries and Commodities (MPIC) from time to E. Application Process Flow time during the duration of the agreement entered into between the Malaysia Palm Oil Board 1. Online submission will be done via (MPOB) and the successful applicant. downloading the PDF application form which will then be sent to the email address C. Grant Criteria 'nkeagrants@mpob.gov.my'. 2. The online submission will then be evaluated 1. SMEs must be entities registered with SSM from two aspects, namely technical or other equivalent bodies, particularly local evaluation and commercial evaluation. A authorities or district offices in Sabah or second stage of more comprehensive Sarawak filtering will then follow to ensure that the 2. SMEs are defined as firms with sales proposal is sufficiently robust. turnover not exceeding RM50 mil OR number 3. If the applicant satisfies the criteria in both of full-time employees not exceeding 200 aspects of the evaluation process, the 3. Products must have at least 40% value applicant is invited to present to the Technical addition according to MIDA’s definition Committee (TC) whose members comprise 4. Value addition factor of at least 25% for both MPIC, MPOB, PEMANDU, MIDA and other small and medium companies relevant agencies. 5. Malaysia equity of at least 60%, not including 4. Following the Technical Committee meeting, PR a briefing of the company proposal will then 6. Commercial production (whether new be done by MPOB/PEMANDU at the Pre- product lines or expansion of existing product Council (PC) to Pre-Council members lines and whether for local or export market) including KSU MPIC, and other officials of of - MPOB and MPIC. a. food and health-based products 5. The final stage of the grant application containing palm oil products (for process will involve a presentation by the example, phytonutrients and applicant at the Steering Committee (SC) palm intermediaries). meeting to members of the SC which include b. phytonutrients (e.g. carotene, MPIC, MPOB, PEMANDU, EPU, MoF and tocotrienol, phenolics). other relevant agencies. 7. Complies with terms and conditions of the Grant. Page |2
F. Other Important Notes
1. This brochure is for general information and
the list of exclusions/obligations and other terms and conditions are not exhaustive. This is not a contract of financing. 2. MPOB does not guarantee any application to be successful even if the applicant complies with all the criteria and conditions of this Grant. The following factors are some of the key considerations:
a. new, novel, cost effective or
other parameters in relation to the technology in producing the Product.
b. the applicant has strong financial
standing and record.
c. the applicant has excellent track
record and manufacturing experience in producing food or chemicals. Excellent track record and marketing experience in an added advantage.