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 stands for “The Domestic Investment Accelerator Fund.” Launched by the Malaysian Investment Development Authority (MIDA), DIAF supports Malaysian small and medium enterprises (SMEs) and medium-sized companies (MTCs), particularly in the manufacturing and designated service industries, to practise on environmental, social, and governance (ESG) practices.
Assist Enterprises In Transformation
Why Should You Know About DIAF?
Assist small and medium-sized enterprises in their ESG transformation to ensure a smooth transition.
Ensure local companies remain competitive in the global supply chain and have a promising future business.
Assist local companies to embrace ESG principles and attract investment from environmentally friendly 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.
Areas eligible 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 run by at least 51% Malaysians
Condition
Eligible business scope
Business scope covers areas:
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
- Ship Building 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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