DIAF
Empowering ESG Development for Small and Medium-Sized Enterprises
Unlock Your Company’s Potential in Sustainable Development with the Malaysian Government!
Investment Acceleration Fund
What Is DIAF?
DIAF, or "The Domestic Investment Accelerator Fund," is an initiative by the Malaysian Investment Development Authority (MIDA) designed to support Malaysian small and medium enterprises (SMEs) and medium-sized companies (MTCs) in implementing Environmental, Social, and Governance (ESG) practices, particularly within the manufacturing and designated service industries.
Assist Enterprises In Transformation
Why Should You Know About DIAF?
Facilitate SMEs' ESG transformation for a smooth transition.
Ensure local companies remain competitive in the global supply chain and secure a promising business future.
Enable local companies to embrace ESG principles and attract investment from environmentally conscious financial institutions and venture capitalists.
ESG Subsidy Policy
Subsidies Provided By DIAF
DIAF's ESG grants are disbursed at a matching ratio of 50:50 or 70:30, depending on the circumstances, with a maximum reimbursement amount of RM 500,000 per company.
Eligible areas for subsidies include:
Validation and verification, and/or ESG adoption certification, and/or tracking costs associated with carbon emissions and ESG disclosures.
Subscription to systems and/or software for data collection and tracking of ESG and/or greenhouse gas emissions (first year only).
Application Criteria
Are You Eligible for DIAF?
Let’s Check If Your Company Qualifies:
Condition
Operated for more than 3 years and possess any licenses required for legal business.
Condition
The company must be at least 51% Malaysian-owned.
Condition
Eligible business scope
Eligible business scope:
Manufacturing
Requires MITI certification
Services activities
- Hospitality and Tourism
- Private Healthcare
- Private Education
- Oil and Gas Services
- Global Establishment - Principal Hub/Global Services Hub
- R&D Activities
- Logistics Services
Other
- Shipbuilding and Ship Repair
- Green Technology Projects - Business Purpose
- Sterilisation Services
- Digital Infrastructure
- Maintenance, Repair & Overhaul for Aerospace
You might be wondering...
Three Steps To Apply For DIAF
Ensure that you meet all the qualifications mentioned above.
After approval in the previous step, complete the ESG disclosure within 12 months.
DIAF Application Date
Applications received by the Malaysian Investment Development Authority (MIDA) from 24 April 2024 onwards will be eligible for this grant. However, the approval of the application depends on its funding allocation and existing policies.
*Data source: MIDA official website. If there is any discrepancy, please refer to the updated MIDA official website.
Simplifying ESG transformation
How Can Small And Medium-sized Enterprises Carry Out ESG Transformation?
ESG sounds difficult, but it is not difficult to do! As long as you find the right consultant team, practicing ESG in small and medium-sized enterprises can be simple.
SMTT: Your One-Stop ESG Transformation Consultant
- Counseling Expertise: We’ve guided numerous companies through ESG, CBAM, and other projects.
- Talent Development: Our training has equipped over 1,000 ESG professionals.
- Certified Institution: SMTT is a certified training provider by the Malaysian HRD Corp.
- Comprehensive Services: We offer one-stop verification for GHG (greenhouse gases) and carbon emissions.
- Guidance: We assist in meeting every requirement (such as DIAF, ISO, etc.).
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