Business Growth Fund (BGF)

Malaysian Technology Development Corporation Sdn.Bhd
26/06/2023
Industrial and Commercialisation Funds
The company is incorporated under the Companies Act 2016; Technology-based company with a minimum of 51% Malaysian ownership; and The company has achieved a minimum revenue of RM1.5 million and has also been profitable in the recent financial year-end.
The company needs to present a business plan through the “MTDC Weekly Pitching” session. The pitching session can be requested via https://pitching.mtdc.com.my
1. Objective To bridge the financing gap between the early stage of growth and the expansion and also provide follow-on funding to scale up the business of high-growth technology-based companies 2. Funding Instrument Equity funding via Redeemable Convertible Preference Shares (RCPS) 3. Scope of Funding 1. Capital expenditures - e.g Purchase of equipment 2. Working Capital - e.g Raw materials, Administration & Overheads 3. Other Expenses - e.g Marketing & Promotion, Intellectual Property Registration & Market & Standard compliance 4. Focus sectors a) Aerospace & Mobility b) Electrical & Electronics (E&E) and Semiconductor c) Food Security d) Green Economy e) Healthcare & Life Sciences f) Industry 4.0/Fourth Industrial Revolution (4IR)
Malaysian Technology Development Corporation (MTDC) Level G, Menara Yayasan Tun Razak Jalan Bukit Bintang 55100 Kuala Lumpur
shaharulazam@mtdc.com.my pitch@mtdc.com.my
03-2172 6000