MIDF offers aid for flood-hit SMEs

“The fund can be used for items including machinery and equipment, refurbishment of business premises and working capital,” MIDF said in a statement.

KUALA LUMPUR: Malaysian Industrial Development Finance Bhd (MIDF) has set up a special financing assistance under the SME Emergency Fund (SMEEF).

This is meant to help small and medium enterprises (SMEs) that have been severely affected by the recent floods in several states.