THE CREED GRANT

REGISTRATION IS NOW CLOSED

THE CREED GRANT

CREED Grant stands for Creative Industry Export Acceleration and Enterprise Development Grant. It supports established creative content companies and addresses long term industry advancement as well as sustainability.

Eligibility Criteria

1.

The applicant is a company incorporated in Malaysia.

2.

The applicant has an issued and paid up share capital of at least RM100,000.00

3.

More than Fifty Per Cent (50%) of the legal and beneficial ownership of the applicant is vested in Malaysian(s).

4.

The applicant is not the subject of a winding up order and has no going concern and if the applicant has going concern issue (as reported in the latest audited account), the applicant has to obtain undertaking letter and/written statement by the company’s shareholder and/or director to financially undertake and liability to the company.

5.

The applicant must have local, regional or international partners, investors, broadcasters or distributors to support the Project.

6.

Where the applicant has received grant from MDEC and/or any other ministries or agencies under the Government of Malaysia of any amount exceeding RM500,000.00 (in a single case):

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All such grants have been fully utilised; and

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All projects thereunder have been completed i.e. all milestones have been delivered to the satisfaction of the provider of such grants as duly acknowledged and certified by the provider of such grants

7.

Where the applicant has received grant from MDEC/ and or any other ministries or agencies under the Government of Malaysia, the applicant shall provide success story and/or proven revenue generated from the project which was funded (not applicable for past development grant recipients)

8.

The applicant is an Malaysia Digital status company for a year or above within the Digital Creative Content cluster.

9.

The applicant has commercialized their previous IP(s) locally or globally

10.

The applicant has been involved with Licensing & Merchandising activities for their previous IP(s)

11.

The proposed project is a new project that:

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owned or co-owned by the Applicant or the Applicant has the rights to exploits the project;

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Have not been published / broadcasted;

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Have not been submitted to or otherwise produced in connection with other competitions or other government initiative programs

Allowable project duration

Up to 60 months.

Scope of projects

Eligible Project Categories

Allowable Project Deliverables

ANIMATION

Animated Series

Animated Feature Film

Beyond Entertainment

(a) The complete animated series, feature film or beyond entertainment content

(b) Marketing & promotional plans

(c) Revenue generated

(d) Export sales

INTERACTIVE MEDIA

Digital Games

Gamification

Extended Reality

Beyond Entertainment

(a) The complete and playable game, gamification, extended reality or beyond entertainment content

(b) Marketing & promotional plans

(c) Revenue generated

(d) Export sales

Example of Activities

  • As per activities stated in Development Grant and Production Grant; and/or IP Marketing & Licensing Grant

  • The Production Grant

    Focuses on the production stage of the project that involves content creation and assembly.

    Learn More

  • MARKETING AND COMMERCIALISATION GRANT

    Financial assistance provided to IP creators with market ready product (s).

    Learn More