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Open - Rolling Basisgovernment-benefits

Business Start-up Fund (BSF)

domainMalaysian Technology Development Corporation (MTDC)verifiedVerified · Sep 20
Funding / Offer
Up to RM5 million or 90% of total project cost, whichever is lower; interest-free convertible promissory notes and/or preference shares, with an 18-month grace period and five-year
scheduleDurationDeadline: Official financing route; applications/terms are case-specific
pie_chartEquity1-7 days
eventStatusOpen - Rolling Basis
schedule
Duration
Deadline: Official financing route; applications/terms are case-specific
pie_chart
Equity
1-7 days
payments
Funding
medium
military_tech
Selectivity
Competitive

infoAbout this program

Early-stage financing for scalable, viable technology-based companies facing growth and commercialisation barriers.

inventory_2What's Included

4 items
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Value

Up to RM5 million or 90% of total project cost, whichever is lower; interest-free convertible promissory notes and/or preference shares, with an 18-month grace period and five-year

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Equity

0%

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Provider

Malaysian Technology Development Corporation (MTDC)

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Type

government-benefits

checklistEligibility

1 items
  • check_circleTechnology-based company incorporated under Companies Act 2016 with at least 51% Malaysian ownership.

directions_runHow to Apply

2 steps
  1. 1

    Review Business Start-up Fund (BSF) country rules and eligibility.

  2. 2

    Apply at https://www.mtdc.com.my/business-start-up-fund/.

helpFAQ

tagTags & categories

#Government benefits#Malaysia, MTDC, technology, startup finance