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Guides to Starting a Business in Malaysia

No.
Guide / Programme
Agency
1.
Setting Up Business
This guide is prepared by the Malaysian Investment Development Authority (MIDA), the government's principal agency for promoting the manufacturing and services sectors in Malaysia.
MIDA
2.
Service Export Fund (SEF)
SEF provides assistance to Malaysian Service Providers (MSPs) to undertake activities to expand and venture into the international market. The assistance is extended in the form of reimbursable grant.
MATRADE
3.
iNanovation
iNanovation is for small and medium enterprises (SMEs) and startups company to establish market share, introduce new processes/materials, and transition from conventional methods to nanotechnology-enabled solutions.
NanoMalaysia
4.
CIP Sprint
CIP SPRINT offers tech-focused SMEs a conditional grant of up to RM600,000 for 18 months to support their business ventures, covering areas like product enhancement and market access.
Cradle Fund
5.
CIP Spark
CIP SPARK provides grants of up to RM150,000 for technology start-ups over a maximum of 18 months, supporting development and pre-commercialisation.
Cradle Fund
6.
Applied Innovation Fund (AIF)
AIF is a research and development grant aim to increase the participation of innovators in innovation activities and promote the innovation of new technology products, processes, systems, or services that have the potential for commercialisation.
MOSTI
7.
Bridging Fund (BGF)
This fund will enable research output or R&D products that are ready for the market to comply with the standards stipulated by local or international regulatory bodies. In addition, this fund will assist in product upscaling and advanced packaging processes, which will provide an added value to the output of local R&D in penetrating the regional and international markets.
MOSTI
8.
Technology Development Fund 1 (TeD 1)
TeD 1 improves the development of existing concepts related to design technologies, processes, or products that have the potential to be commercialised. TeD 1 is for SMEs and start-ups.
MOSTI
9.
Technology Development Fund 2 (TeD 2)
TeD 2 improves the process of bringing technology, products, or processes from the conceptual phase to commercialisation in order to reduce the failure rate during this transition, which is often referred to as the "valley of death". TeD 2 is for SMEs and start-ups.
MOSTI
10.
Strategic Research Fund (SRF - APP)
SRF - APP is a grant-based funding scheme to finance strategic research. SRF is for SMEs, start-ups, multinational companies, large companies, government research institutions and more.
MOSTI


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Incentives Templer Park International School

40% scholarship of tuition fees + Zero application fee (worth RM 1000) + Zero registration fee (worth RM 4000)

Incentives International School of Kuala Lumpur (ISKL)

Application fee waiver (worth RM1,500)

Incentives Oasis International School

100% Waiver of Registration Fee (RM10,000 value)

Incentives Sri KDU

50% rebate off the Application Fee

Incentives Straits International School

100% OFF Application & Registration fees + 10% OFF Annual School Fees

Savings of over RM10,000 plus additional benefits

NOTES

For new students at any ISP (International School Partnership) School in Malaysia

Incentives Tenby Schools

100% OFF Application & Registration fees + 10% OFF Annual School Fees

Savings of over RM10,000 plus additional benefits

NOTES

For new students at any ISP (International School Partnership) School in Malaysia

Incentives Asia Pacific Schools

100% OFF Application & Registration fees + 10% OFF Annual School Fees

Savings of over RM10,000 plus additional benefits

NOTES

For new students at any ISP (International School Partnership) School in Malaysia

Incentives Epsom International School

100% waiver of Enrollment Fees

Up to RM20,000 + Additional Benefits

NOTES

Available for new students applying from now until 31 December 2023

Incentives Taylor’s International School

100% waiver of Registration Fees

Savings up to RM20,000

NOTES

Only for new enrollments into any of Taylor’s International School (Branch Kuala Lumpur / Puchong) from now until 31 December 2023

Incentives Australian International School Malaysia (AISM)

100% waiver of Registration Fees

Savings up to RM20,000

NOTES

Only for new enrollments into any of Australian International School Malaysia (AISM) from now until 31 December 2023

Incentives Nexus International School

100% waiver of Registration Fees

Savings up to RM20,000

NOTES

Only for new enrollments into any of Nexus International School from now until 31 December 2023

Incentives Gardens International School

100% waiver of Registration Fees

Savings up to RM20,000

NOTES

Only for new enrollments into any of Gardens International School from now until 31 December 2023

Dr Catheryn Lim

Who is Dr Catheryn Lim?

Currently a Senior Research Fellow at Matthew Wood group and Chair, Early-Mid Career Researchers Committee at Department of Paediatrics, University of Oxford. Received her Ph.D., Molecular Genetics and Biochemistry from UNSW Dr. Lim is now working on understanding disease mechanisms and developing genetic treatments for neuromuscular diseases. Two of these strategies are now at later stages of development where she is collaborating with industrial partners to optimise the strategies in preparation for first-in-human clinical trials.

Format of the sharing session

The participants for the session consisted of students and academicians coming from various biological and related sciences background.

During the session, Dr. Lim shared about her experience and journey in the research world and delved into the new developments being made in genetic treatments (specifically in neuromuscular diseases). She also shared some tips and advice on how to be active in the biotechnology research industry.

Outcome

The session has exposed 183 participants to new development in genetic treatments (specifically in neuromuscular diseases).

Dr Aid Fawzal

Who is Dr Aid Fawzal?

Experienced CFD Engineer with a demonstrated history of working in the automotive, energy and oil & gas industries. Strong professional background with a Doctor of Philosophy (Ph.D.) in Mechanical, Automotive and Manufacturing Engineering from Coventry University. Invented a constant number which is called the Fawzal Number (Fa) which is used to optimize supercar’s cooling system.

Format of the sharing session

Our participants consist of students from various engineering field and various level of studies, from bachelor’s degree to PhD.

During the session, Dr Aid shared with us the step-by-step process involved in designing a car using a simulation software where he explained why certain components are designed in such ways and the importance of each component. He also shared some tips to students who are planning to go into the automotive field.

Outcome

The session has benefited 284 participants with new knowledge and exposure to the automotive world and inspire our future engineers to pursue and improve our automotive industry.

Samantha Chong

In 2022, we collaborated with KL City Opera and organised a masterclass with Samantha Chong, a Malaysian mezzo-soprano based in Hong Kong

Objective

To develop the performing arts scene in Malaysia via a collaboration with a leading name in classical Italian opera.

Format of the masterclass

The masterclass was held over 2 days, where 4 participants were selected to perform an aria or duet. Samantha then provided verbal and demonstrative feedback to each participant for 7-9 minutes each, which included song and scene interpretation, and stage presence.

Outcome

Samantha made a conscious effort to focus her sharing NOT on singing, but on the various aspects of performance, something that Malaysian performers lacked. So, MyCollabs acted as a medium for her to guide the students in navigating the world of classical opera, including dealing with different stakeholders like conductors, music directors and repetiteurs.

The students, on the other hand, received a rare opportunity to undergo a masterclass conducted by a seasoned performer for free. They could then use the knowledge they gained to enhance their opera skills and hopefully, pursue a career as full-time professional opera singers, something which is a rarity in Asia.