Skip to main content
Incentive Category
Scope of Funding

The Business Expansion Fund (BEF) was introduced to assist Bumiputera technology based business entities to expand their operations locally and internationally. The fund offers a combination of equity and loan-based financing.

Application Method

Applicants can mail in their application or manual submit it at MTDC’s Reception Desk during office hours.. Download application form as per link: https://www.mtdc.com.my/apply-bef/

Qualification Criteria
  1. The company is incorporated under the Companies Act 1965
  2. Direct shareholdings of at least 60% Bumiputera individual(s) and not more than 30% corporate shareholders; or indirect shareholdings of at least 51% effective Bumiputera individual shareholdings which applies up to second level shareholdings only
  3. The company must be at least 51% Malaysian-owned
  4. Must generate revenue of RM 5million (at least 1 of the last 3 audited accounts) from normal operation
  5. Has been in operation for at least 3 years
  6. Company with element of technology
Contact Information

Malaysian Technology Development Corporation (MTDC)
Level G, Menara Yayasan Tun Razak
Jalan Bukit Bintang
55100 Kuala Lumpur
(Attn: CRDF Processing Unit)

Email
shaharulazam@mtdc.com.my
Fax
03-2163 7549
Telephone
03-2172 6000
Website
www.mtdc.com.my
Last modified
Jun 2020