Internship Placement Matching Grant for SMEs and Start-Ups (LiKES)

LiKES by TalentCorp is an internship placement matching grant for Small and Medium Enterprise (SME) companies and start-ups. With an allocation of RM30 million over 3 years, LiKES aims to provide financial support to SMEs and start-ups in Malaysia, encouraging them to nurture local talent through meaningful, structured, and paid internship programmes for students.

Through the LiKES grant, eligible employers can receive reimbursement for the hired interns’ minimum monthly allowance. For Phase 1 in 2024, RM5 million has been allocated to reimburse up to 10 interns per approved company.

HOW DOES IT WORK? 

HOW MUCH GRANT WILL THE EMPLOYER RECEIVE? 

TalentCorp will reimburse maximum RM250.00 per intern per month if the employer pays RM500.00, and maximum RM300.00 if the employer pays RM600.00 or above.

If Employer A hires 5 interns at RM500.00 a month for 3 months:

Upfront payment from Employer to Interns : RM 1,500 x 5 = RM 7,500

Total reimbursement from TalentCorp : RM 750 x 5 = RM 3,750

If Employer B hires 8 interns at RM600.00 a month for 4 months:

Upfront payment from Employer to Interns : RM 2,400 x 8 = RM 19,200

Total reimbursement from TalentCorp : RM 1,200 x 8 = RM 9,600

If Employer C hires 3 interns at RM700.00 a month for 5 months:

Upfront payment from Employer to Interns : RM 3,500 x 3 = RM 10,500

Total reimbursement from TalentCorp : RM 1,500 x 3 = RM 4,500

(because we will only reimburse RM300.00 max per intern per month)

WHO CAN APPLY?

DEFINITION OF SMALL MEDIUM ENTERPRISE (SME)

• Company resident in Malaysia with a paid-up capital of RM2.5 million or less and is not related to any company with paid up capital of more than RM2.5 million.
• Annual sales turnover of less than RM300,000 (Micro), RM15 million (Small) and RM50 million (Medium).
• Number of employees in the company (include foreign workers and expatriates) is less than 5 (Micro), 75 (Small) or 200 (Medium).

DEFINITION OF START-UP

• Company resident in Malaysia incorporated no more than 5 years.
• Revenue and / or investment size of less than RM20 million.
• Innovation-driven and disruptive, technology enabled business.

APPLY NOW!

• Complete the application form at 
  REGISTER NOW
• Internship programme must commence within the same year as when the LiKES application was made and endorsed by TalentCorp.
• The internship reimbursement claim submission must be made not more than 3 months from the date of completion of internship (per assessment year)
• Interns must sign-up on MyNext Talent and complete the psychometric assessment at https://talent.mynext.my/ upon received of internship placement offered by LiKES company.
• For more information, please contact: likes@talentcorp.com.my