Vendor Capacity & Capability Development Programme (PPKV)
Program Pembangunan Kapasiti dan Keupayaan Vendor (PPKV) aims to assist Bumiputera vendors in expanding
their capacity and capabilities to be competitive, sustainable and resilient.
Objective
- Increase the capacity of Bumiputera vendors to become more efficient, productive and technology driven.
- Equip Bumiputera vendors with international accreditation and certification to penetrate domestic and global market.
Selection Criteria
- This grant is open to all Bumiputera vendors registered with Anchor companies under the Vendor Development Programme (VDP), Ministry of Entrepreneur Development and Cooperatives (MEDAC).
- The funding of this grant is up to 90% of the total cost or maximum of $200,000, whichever is lower.
Eligibility Criteria
- Registered with anchor companies under VDP, MEDAC.
- Fulfill the criteria set out under the National VDP Guidelines.
- Sound Financial position.
- The company is solvent and has no legal action taken against the company, or its directors/shareholders/partners/owners/guarantor under the laws and
- Obtained Acknowledgement/ Support Letter from Anchor.
Programme Features
- Grant up to $50,000,000 with the concept of Matching Grant 90% : 10%.
- Application is open until full utilization of the fund (whichever earlier)
Programme Scope
- Capacity development
- Standard and accreditation
- Human Capital Development
- Technology transfer
- Upgrade of existing system and purchase of equipment/machinery.
Message Alert!
