To help companies to steer towards introducing Industry 4.0 Technologies into their business and move to Digital Transformation.
Companies are welcome to apply to participate in FWD 4.0. Session are run on a weekly basis.
Companies will also undergo a Readiness Assessment Exercise, to test the Industry 4.0 readiness based on a Pitching Style Activity.
Upon ‘Graduating’ companies can choose to apply for the FWD 4.0 Funding (a total fund of RM250 million) Subject to Terms & Conditions
FWD 4.0 is segregated to ‘FWD 4.0 Start Up’ ; ‘FWD 4.0 Growth’ ; and ‘FWD 4.0 Maturity’
WHAT CAN BE FUNDED/FINANCED UNDER
FWD 4.0 Fund
To help/assist Malaysian Companies to Digitally Transform their business leveraging on Industry 4.0 Technologies
To steer Malaysian Companies, towards achieving greater Progress, Productivity and Profitability, growing their respective business within relevant Industry verticals.
To stimulate strategic thinking and strategic planning amongst Malaysian companies, so that the Industrial Revolution 4.0 and Digital Transformation would be adapted by Companies through a sustainable and structured incubation programme.
To compliment and support the Malaysian Governments goals of moving towards a developed nation status, high income nation and assist companies and Industries to leverage on the power and potential of Industry 4.0 technologies
To provide funding options and a solid funding platform from which Malaysian Companies can tap on to finance capital expenditure on Industry 4.0. An initial fund size of RM250 million is allocated under the FWD 4.0 Initiative
FWD 4.0 PLAN
Program Outline & Moving Forward Action Plan
WHO CAN APPLY AND PARTICIPATE IN
Any Company established and Incorporated in Malaysia under the Companies Act
Minimum paid up capital of RM50,000
In operation for at least three (3) years with audited financial report(for application of FWD 4.0 Fund) – At least two(2) years must be profitable
Directors and Shareholders not facing any bankruptcy
Majority shareholding owned by Malaysians(more than 50%)
Not under any winding up order
Operating in any Industry sector in Peninsular or East Malaysia
Any company interested and passionate on Industry 4.0 technologies and Digital Transformation investments to grow their businesses for greater progress, productivity and profitability
BENEFITS OF FWD 4.0
CREATES NEW JOBS
INCREASED KNOWLEDGE SHARING AND COLLABORATIVE WORKING
BETTER CUSTOMER EXPERIENCE
MAKES COMPLIANCE EASIER
FLEXIBILITY AND AGILITY
REDUCE COSTS AND INCREASE OVERALL REVENUE
FWD 4.0 SUPPORT MECHANISM
FACE 2 FACE
CONTINOUS COACHING & MENTORING VIA ONLINE PLATFORM
Alias Innovation Sdn Bhd, No. 16-10, Penthouse, Menara Infiniti, Jalan SS6/3, 47301 Petaling Jaya, Selangor, Malaysia