Scheme Name

BNM High-Tech Facility – National Investment Aspirations (HTF-NIA) 

Eligibility

Viable Malaysian SMEs* with at least 51% shares held by Malaysians in the following subsectors:

• Within manufacturing and services subsectors with high National Investment Aspirations (NIAs) scores:

i) Electrical and Electronics (E&E);

ii) Chemicals (including pharmaceuticals and refined petroleum);

iii) Optical Scientific Equipment and Medical Equipment;

iv) Machinery & Equipment (including Robotics, Drones, and Industry 4.0-related technologies);

v) Transport equipment covering aerospace, vehicle and parts manufacturers involved in global supply chains or transitioning towards future mobility and green technology;

vi) Information and Communication Technology (ICT); and

vii) Research and Development (R&D) services

• SME project participants in key Government programmes involved in research, development and innovation for critical technologies identified under national blueprints, from IR 4.0-related technologies, green technology and biotechnology. The following list of programmes have been identified eligible by BNM:

i) MDEC’s Global Acceleration and Innovation Network (GAIN);

ii) MOSTI’s National Technology and Innovation Sandbox (NTIS) and Research and Development Fund;

iii) MARii’s technology partners involved in the design and development of solutions related to IR4.0 technologies;

iv) MIDA’s Domestic Investment Strategic Fund recipients engaged in R&D activities or licensing/purchasing of new technologies; and

v) MIDA's i-services provider list comprising of SMEs involved in R&D, engineering, green technology services, system integration and ICT service

Programmes deemed eligible by BNM will be updated periodically at www.bnm.gov.my/covid19

• Recipients of Special Relief Facility (SRF), PENJANA SME Financing (PSF), PENJANA Tourism Financing (PTF) and Targeted Relief and Recovery Facility (TRRF) are only eligible for the purpose of financing capital expenditure only under this HTF-NIA

*Based on the definition of SME by the National Entrepreneur and SME Development Council (NESDC). Refer to SME Corp Malaysia for more details www.smecorp.gov.my

Purpose of Financing

For working capital and / or capital expenditure (CAPEX)

Financing is not allowed for refinancing of existing facility granted by HLB or other participating Banks.

Financing Rate

• Up to 3.5% p.a. for financing without guarantee; or
• Up to 5.0 % p.a. inclusive of guarantee fee

Financing Limit

• Up to RM1 Mil per SME for working capital financing
• Up to RM5 Mil per SME for CAPEX or combination of working capital and CAPEX
   

Note: The financing limit is inclusive of financing to SMEs with common shareholder(s) of ≥ 20% shareholding. The final approved financing limit is subject to BNM approval, credit assessments by the Bank and where applicable Credit Guarantee Corporation Malaysia Berhad (CGC).

Facility Type

Term Loan

Financing Tenure

Up to 7 years

Availability Period

Up to 31st December 2021 or upon exhaustion of funds (whichever is earlier)