Locally Owned Companies ● Incorporated in Malaysia under Companies Act 1965 or the Companies Act 2016; ● Minimum paid up capital of at least RM50,000 for companies; ● Active and minimum of 51% equity held by Malaysian(s) as per shareholding structure in the SSM. Foreign-Owned Companies ● Incorporated in Malaysia under Companies Act 1965 or the Companies Act 2016; ● Active and minimum issued and paid up capital of RM500,000. Please visit https://mdec.my/grants/mdcg for terms and conditions
Please visit https://mdec.my/grants/mdcg for applications and frequently asked questions
Objective ● MDCG is designed to catalyse the use and development of disruptive and innovative sustainable solutions within Malaysia Digital (MD) promoted sector that align with National 4th IR Policy; ● The grant will be used solely for the purpose of co-creation, problem solving, development, and commercialization of innovative solutions with end-user partners Scope of Funding ● Locally Owned Companies - Up to fifty percent (50%) of the total project, subject to a ceiling limit of RM1,000,000 or whichever is lower ● Foreign-Owned Companies - Up to thirty percent (30%) of the total project, subject to a ceiling limit of RM1,000,000 or whichever is lower
MDEC Client Contact Centre 2360 Persiaran APEC 63000 Cyberjaya