MRC Fund for Automation and Green Technology (FAGT)
Empowering Malaysia's rubber industry through automation, digitalization, and green technology adoption for a sustainable future.
🔍 Quick Snapshot
- Provider: Malaysian Rubber Council (MRC)
- Opportunity Type: Funding for Automation & Green Technology
- Eligibility: Rubber product companies in the downstream or midstream sectors
- Focus Areas: Automation, Digitalization, and Green Technology
- Funding: Covers project costs, excluding new plant investments
🌍 About the Program
The Malaysian Rubber Council (MRC) Fund for Automation and Green Technology (FAGT) is a strategic initiative to enhance the competitiveness of Malaysia's rubber industry. By supporting automation, digitalization, and green technology adoption, the program addresses labor shortages, promotes sustainability, and helps businesses achieve operational efficiency.
✅ Eligibility Criteria
- Companies incorporated under the Companies Act 1965/2016.
- Valid manufacturing license from MITI or equivalent.
- SMEs must have a Certificate of SME status from SME Corporation Malaysia.
- Rubber product companies with an average cess contribution of RM1,000 or more over the last three years.
- Processed rubber producers with sales in the last three consecutive years.
- Projects involving already installed equipment or issued purchase orders are not eligible.
- Cannot receive other grants for the same project.
- Must demonstrate financial stability and comply with legal requirements.
- Local technology or service providers are encouraged for project implementation.
🔧 Scope of Coverage
Automation & Digitalization
- Industry 4.0 technologies like robotics, IIoT, and SCADA systems.
- Digital and cloud technologies for efficiency improvements.
- Systems such as ERP, MES, and predictive maintenance platforms.
Green Technology
- Renewable energy systems such as solar and biomass (temporarily discontinued).
- Water recycling systems and rainwater harvesting solutions.
📝 How to Apply
- Visit the FAGT Application Portal: FAGT Application Portal.
- Create an account or log in to your existing account.
- Complete the online application form with required details.
- Upload the necessary supporting documents, such as:
- Proof of cess contribution or sales records (last 3 years).
- Project proposal and financial documents.
- Relevant licenses and certifications.
- Submit the application and await confirmation from MRC.
💰 Funding Details
- Coverage for software subscriptions up to two years.
- Exclusions:
- Purchase of automation equipment for new plant investments.
- Duplication of existing equipment.
- Applications are subject to MRC's review and approval.
🚀 Ready to Upgrade Your Business with Automation and Green Technology?
Apply now for the MRC FAGT and transform your operations while promoting sustainability in the rubber industry.
Apply NowQuestions? Email us at support@myrubbercouncil.com.
Curated by the Malaysian Rubber Council (MRC) – driving sustainability and innovation in Malaysia’s rubber industry.
Source: MRC Special Fund for Automation and Green Technology
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