21 Apr Guideline for Smart Automation Grant under the National Economic Recovery Plan (Penjana)
The Smart Automation Grant was introduced in the National Economic Recovery Plan or Pelan Jana Semula Ekonomi Negara (PENJANA) in June 2020. 1.2. Under the Smart Automation Grant scheme, the Government has allocated RM100 million, capped at up to RM1 million per company.
The main objectives of the Smart Automation Grant are:
i. To assist as well as incentivise Small and Medium Enterprises (SMEs) and Mid-Tier Companies (MTCs) to automise and digitalise operations, production and trade channels
ii. To improve efficiency in the manufacturing and services sector
iii. To reduce reliance on low-skilled foreign workers
iv. To provide job opportunities in high value-added sectors
v. To enhance SME competitiveness on an international level
vi. To be aligned with the National Policy on Industry 4.0
vii. To boost domestic investment
CLICK HERE for Details Smart Automation Grant-Guideline & Smart Automation Grant process flow .