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MIDF — Aerospace & Electrical & Electronic Investment Fund (AEEIF)
Grant — Matching / Reimbursable (up to 80% of eligible expenditure)
Reimbursable matching grant covering up to 80% of eligible expenditure for Malaysian aerospace and E&E manufacturers under the 12MP mandate.
Open & Active — Rolling applications via email to grant@midf.com.my. Active programme under MIDF's High Value-Added Product Development Programme (12MP mandate).
Financial Parameters
- Total pool / mandate
- Not publicly disclosed (rolling fund; managed by MIDF under MITI/12MP mandate)
- Ticket size
- RM100,000 – RM20 million (E&E); RM40 million (Aerospace)
- Cost of capital
- 0% for grant portion (non-repayable); reimbursed up to 80% of eligible expenditure on matching basis; disbursed on reimbursable basis
- Tenure
- Project completion within 12 months from date of approval; disbursement follows project milestones
- Grace period
- N/A (grant — non-repayable)
- Shariah-compliant
- Both
Focus Areas
- Value chain segments
- IC Design & Embedded SystemsAdvanced Packaging / OSATEquipment Manufacturing / AutomationAdvanced Materials & Substrates
- Use of proceeds
- R&DCommercialisation
- Company stage
- Growth-stageEstablished / Mid-tier
Eligibility
- Ownership requirement
- Malaysian-incorporated company; local businesses in aerospace or E&E sectors; majority Malaysian ownership preferred; must undertake eligible R&D, prototype, or Industry 4.0 adaptation activities
Operating SME to mid-tier; revenue-generating preferred; must be in aerospace or E&E manufacturing / MRS sector; project must fall within 12MP priority areas (Industry 4WRD, Aerospace Industry Framework)
Application
- Application cycle
- Rolling — application via email to grant@midf.com.my; no fixed cohort window publicly stated
Background
- Example recipients
- E&E companies developing advanced testing (probe cards, JTAG), IC design automation, smart manufacturing and IoT solutions; aerospace companies using additive manufacturing, AI, UAVs
- Notes / source
- Source: MIDF growyourbusiness.com.my, https://www.growyourbusiness.com.my/grants/aerospace-and-electrical-electronic-investment-fund