Incentive Category
Scope of Funding
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
Application Method
Please visit https://mdec.my/grants/mdxg for applications and frequently asked questions
Qualification Criteria
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
