A grant for Singapore and Malaysia companies to collaborate in feasibility studies and joint missions to third countries.

For who?

• Singapore-registered companies to team up with Malaysia-registered companies
• The Singaporean company must have at least 30% of its shares owned by Singapore Citizens or Permanent Residents.
• The Malaysian company must have at least 51% of its shares owned by Malaysians.
• Business associations and groups of companies involved in organising joint missions may also apply, provided the Singapore and Malaysia companies meet the above criteria.

For what?

• To encourage Singapore and Malaysia companies to collaborate on feasibility studies and/or joint missions in any other country except Singapore or Malaysia
• The feasibility studies or joint missions can be for one of these sectors:
  • manufacturing
  • tourism
  • infrastructure development
  • construction
  • information technology
  • trading
  • services

How much?

MSBF will fund up to 50% of eligible expenses for:

1. Feasibility Studies
   • Due Diligence Studies (Target-specific) - You can get up to RM200,000 to investigate the business viability of a specific project.
   • Pro-active Searches (Market-specific) - You can get up to RM100,000 to conduct a general search for potential investments or business opportunities in a specific market.
2. Joint Missions
   • You can get up to RM200,000 to participate in approved Joint Missions.

Things to note:

• Eligible expenses include:
  • travel, accommodation and allowance (for feasibility studies and joint missions)
  • fees for patent and information searches and consultant fees (for feasibility studies)
  • common costs such as logistics, publicity and networking, and mission gifts (for joint missions)
• The validity of the fund support shall not exceed 6 months.