Software Development Grant

1The Grant

1. 1.1

   The Software Development Grant (the “Grant”) is offered by AGBTECH CONSULTING (“AGBTECH”) to eligible businesses registered in Malaysia. The business applying for the Grant is referred to as the “Applicant”.

2. 1.2

   The Grant is applied as a credit of between RM3,000 and RM10,000 against the fees for software development services performed by AGBTECH for the Applicant, comprising requirements analysis, design, development, testing and deployment.

3. 1.3

   The Grant is not payable in cash, is not transferable and may not be exchanged for any other product or service.

4. 1.4

   Where the agreed scope of work exceeds the value of the Grant, the balance is payable by the Applicant in accordance with a written quotation accepted by the Applicant before work begins.

2Costs not covered

1. 2.1

   The Grant does not cover web hosting, servers or cloud infrastructure; domain name registration or renewal; SSL certificates; third-party software licences, subscriptions or usage charges; hardware; or any work outside the agreed scope. Such costs, where applicable, are borne by the Applicant.

3Eligibility

1. 3.1

   The Applicant must be a business entity registered with the Companies Commission of Malaysia (SSM) and actively operating in Malaysia.

2. 3.2

   Each business entity may submit one (1) application per intake. Applications by related entities for the same problem are treated as a single application.

3. 3.3

   The application must be made by a director, owner or partner of the Applicant, or by a representative duly authorised by the Applicant.

4Application and supporting documents

1. 4.1

   The Applicant shall ensure that all information provided is true, accurate and complete. AGBTECH may reject an application, or withdraw an approved Grant, if any information is found to be false, misleading or incomplete.

2. 4.2

   All supporting documents must be submitted within seven (7) calendar days from the date of application. An application with documents outstanding after this period is deemed withdrawn.

3. 4.3

   Estimates of loss and gain must be made in good faith. AGBTECH may request records that support them.

4. 4.4

   AGBTECH may request further information or clarification at any time during assessment.

5Assessment and approval

1. 5.1

   Applications are assessed on the clarity of the problem described, the losses it causes or the gains available if it is resolved, the credibility of the estimates provided and the Applicant’s commitment to the pilot.

2. 5.2

   The software solution, including its scope and design, is determined by AGBTECH based on its assessment of the problem described.

3. 5.3

   The value of each Grant is determined by AGBTECH within the range stated in clause 1.2, based on criteria including the uniqueness and urgency of the problem, and is stated in the letter of offer.

4. 5.4

   Submission of an application does not guarantee approval. Grants are limited in number and are awarded at the sole discretion of AGBTECH, whose decision is final. AGBTECH is not obliged to give reasons for any decision.

5. 5.5

   A Grant is approved only upon AGBTECH issuing a written letter of offer to the Applicant.

6Pilot period

1. 6.1

   The Applicant shall undertake a pilot of the delivered software for a minimum period of six (6) months from the date of grant approval.

2. 6.2

   During the pilot, the Applicant shall use the software in the ordinary course of its business and provide such feedback as AGBTECH may reasonably request.

3. 6.3

   If the Applicant discontinues the pilot before the end of the minimum period without the written consent of AGBTECH, AGBTECH may invoice the Applicant for the value of the Grant utilised.

7Personal data and confidentiality

1. 7.1

   Personal data provided in this application is processed by AGBTECH in accordance with the Personal Data Protection Act 2010 for the purposes of assessing the application, administering the Grant, corresponding with the Applicant, and security and fraud prevention.

2. 7.2

   Where the application was made through an introducer, the introducer may be informed of the application and its outcome.

3. 7.3

   Information concerning the Applicant’s business is treated as confidential and is not disclosed to any third party, except service providers acting on behalf of AGBTECH or where required by law.

4. 7.4

   The Applicant may request access to, or correction of, its personal data by writing to support@agbtechconsulting.com.

8General

1. 8.1

   The detailed scope of work, and the ownership and licensing of the delivered software, are set out in the letter of offer and the development agreement between AGBTECH and the Applicant.

2. 8.2

   AGBTECH may amend these terms, or suspend or withdraw the programme, at any time. An approved Grant is governed by the terms in force on the date of its letter of offer.

3. 8.3

   These terms are governed by the laws of Malaysia.