MTC is pleased to inform that a financial incentive to visit to the NWFA Expo in Fort Worth, Texas, USA from 1 – 3 May 2019 is opened to all Malaysian floor manufacturing companies.
The NWFA Expo is considered as the only event in USA that solely focus on wood flooring products (e.g. solid and engineered wood flooring) and accessories. The said event organises various activities such as educational seminars, live demonstration sessions, networking events and tradeshow where visitors have the opportunity to browse through various flooring products that are available in the market showcased by hundreds of companies. The NWFA Expo is expected to attract more than 2,900 visitors and over 250 exhibitors.
MTC’s Graduation Policy & Financial Incentive
Effective 1 January 2019, MTC implemented the Graduation Policy for all MTC sponsored programme and activities. The policy is to ensure that the objectives of financial incentive rendered to the industry is achieved.
The duration of financial incentive is up to a limit of five (5) years at which the year 2018 will act as the base year, or eight (8) participation, whichever earlier. The financial incentive shall be phased down at regular intervals in accordance to the schedule as follows:
- Only companies defined as Small Medium Enterprise (“SME”) that are registered, and their business is based in Peninsular Malaysia are eligible to apply. The definition of SME is as per the National SME Development Council’s definition or with sales turnover less than RM50 million per year.
- The financial incentive provided will be accordance to the incentives applicable for the respective programme and activities.
The financial incentive provided will be the percentage (%) of the total cost incurred for return airfare (KL – Dallas/Fort Worth – KL) and 3-night hotel accommodation on a claimable basis.
The financial incentive only applies to one participant from each company or related group of companies.
The Selection of Companies
The programme is eligible to Malaysian flooring manufacturers who are members of one of the 6 associations only.
A total of 3 Malaysian flooring companies would be selected for this visit based on a first-come, first-served basis.
The selected companies are also required to purchase the NWFA Expo attendee pass (not covered under the MTC’s Financial Incentive) in the following website: https://www.nwfaexpo.org/NWFA2019/Public/Content.aspx?ID=554&sortMenu=103002
Interested companies must forward either by courier, hand or post the following documents to reach MTC by Friday, 19 April 2019
i. Completed Application Form;
ii. Signed Terms and Conditions;
iii. Certified true copy of latest EPF Statement; and/o
iv. Certified true copy of latest Audited Financial Report; and
v. Certified true copy of Form 24 and 49 as per the Companies Act 1965/ Section 58 and 78 as per Companies Act 2016.
*Information contained therein is required for verification purpose and will be kept with strictest confidence.
Please find attached the Application Form and Terms & Conditions for your kind attention.
Should you require further information, please do not hesitate to contact the undersigned at +603 – 9282 8999 ext. 205 or +6013 391 1201.