Innovation Voucher Scheme (IVS)

Objective:

To support the CSIs to bring in new knowledge and technical expertise, enhance its ability to improve existing products and services, develop new and innovative product (s), process (es) and service (s) that will bring about overall improvement in its performance.

Limit of Innovation Voucher:

The maximum value of the innovation voucher is Nu. 200,000 (two hundred thousand) only. Should the fund requirement exceed the maximum IVS amount, the balance cost must be borne by the applicant.

Eligibility:

All existing Cottage and Small Industries involved in the production and manufacturing of goods and service industry are eligible.

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