Locally Owned Companies ● Incorporated in Malaysia under the 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/mdxg for terms and conditions
Please visit https://mdec.my/grants/mdxg for applications and frequently asked questions
Objective ● MDXG is focused on supporting Malaysian technology companies that have demonstrated export readiness and are seeking to expand their global market presence. ● The grant aims to stimulate high-value digital exports that lead to the development and commercialisation of market-driven, disruptive, innovative, and sustainable products or services for the global market. 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