Page 235 - Official Year Book 2020

ial Impact Matching Grant a 1:1 ratio. This grant implemented to
(SIM Grant) promote social entrepreneurs, scaling
social solutions and encouraging public
The Social Impact Matching Grant (SIM participation. Targeted impact areas of
Grant) is a National Economic Recovery this grant are:
Plan (PENJANA) initiative, which
introduced to support social enterprises ▶ Environmental Protection;
and social innovation to continue their ▶ Food Security
initiatives and programs during the ▶ Health and Social Well-being
COVID-19 pandemic period in Malaysia. ▶ Community Livelihood; and
▶ Heritage Preservation
MOSTI thought Malaysian Global
Innovation & Creativity Centre (MaGIC) Up to December 2020, 97 complete
administers the SIM Grant on behalf of submissions applications have been
the Malaysian Government. For every received, with eight (8) applications
ringgit earned through crowd funding, accepted for total grant disbursements
SIM Grant will match that amount, in of RM638,248.

Minister of Science, Technology and Innovation, YB Khairy Jamaluddin bin Abu Bakar, visit exhibition held OFFICIAL YEAR BOOK 202 2310
in conjunction with the launch of the Social Impact Matching Grant (SIM) at the National Science Centre.