IPFS is introduced to enable companies with IP rights (IPRs) to use their IPRs as an additional source of collateral to obtain funding and spur more investments for companies with technology capabilities, in turn encouraging innovation. The scheme will also help alleviate the difficulties that several technology-focused companies face when attempting to seek funding from financial institutions.
Online application as per link below: www.mdv.com.my
- Applicant must be a Malaysia incorporated company with at least 51% Malaysian shareholding and must have a minimum paid-up share capital of RM100,000
- Registered & Valued IP
- Applicant must own the IP and IP has to be registered with MyIPO
- Applicable for all MDV financing products (except post-shipment)