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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:

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)

03-2163 7549
03-2172 6000
Last modified
Jun 2020