Eligibility Criteria

1. (a) Company
   1. i. Incorporated in Malaysia under the Companies Act 1965 or Companies Act 2016;
   2. ii. Active and a minimum of fifty-one percent (51%) equity held by Malaysian(s);
   3. iii. Company revenue not more than RM3 Million; and
   4. iv. Must be awarded with Malaysia Digital (MD) or MSC Malaysia status company.
   5. OR
   6. (b) Enterprise / Sole Proprietorship / Partnership:
   7. i. Registered in Malaysia under Registration of Business Act 1956 or The Trades Licensing Ordinance 1948 (Sabah) or The Businesses, Professions and Trading Licensing Ordinance (Sarawak);
   8. ii. Active and a minimum of fifty-one percent (51%) ownership belongs to Malaysian(s); and
   9. iii. Type of business as per SSM - Animation, Games Development, Digital Comic and Creative Technology related services includes but is not limited to multi-sensory experiences made using computer graphics, video production, digital cinematography, virtual reality, augmented reality, video editing or any other type of business approved by MDEC.
   10. OR
   11. (c) Limited Liability Partnership;
   12. i. Registered in Malaysia under Limited Liability Partnerships Act 2012;
   13. ii. Active and a minimum of fifty-one percent (51%) ownership belongs to Malaysian(s); and
   14. iii. Type of Business as per SSM - Animation, Games Development, Digital Comic and Creative Technology related services includes but is not limited to multi-sensory experiences made using computer graphics, video production, digital cinematography, virtual reality, augmented reality, video editing or any other type of business approved by MDEC.
2. Not the subject of liquidation/winding up/bankruptcy order and has no going concern issue*. [*If the Applicant/Recipient has going concern issue (as reported in their latest audited account/other relevant document), the Applicant/Recipient is to provide a letter of undertaking by the shareholder/authorised director/owner and/or partner (whichever applicable as per the Applicant/Recipient level of authority) to undertake that the Applicant/Recipient shall perform its obligations under the terms and conditions to be issued by MDEC and the declarant of the letter of undertaking to provide financial support (if required) to enable the Applicant/Recipient to meet its obligations and/or liabilities under the terms and condition.]
3. Director(s), shareholder(s), owner(s) and/or partner(s) of the eligible Applicant/Recipient to declare and disclose if there is any business relationship/family relationship with any of MDEC’s director or employee.
4. Director(s), shareholder(s), owner(s) and/or partner(s) of the eligible Applicant/Recipient to declare if the declarant under any litigation or legal proceeding. ie. litigation/legal proceeding relating to criminal offences, offences under any applicable laws, insolvency, or cases related to MDEC.
5. Director(s), shareholder(s), owner(s) and/or partner(s) of the eligible Applicant/Recipient to declare if they are blacklisted by Malaysian authorities/enforcement bodies including but not limited to Malaysian Anti-Corruption Commission (MACC), Bank Negara Malaysia (BNM), Securities Commissions Malaysia (SC) and Malaysia Digital Economy Corporation (MDEC). In the event, the Director(s), shareholder(s), owner(s) and/or partner(s) are blacklisted, the said Applicant shall be disqualified.
6. The Applicant/Recipient with common shareholder(s), owner(s) and/or partner(s)can only apply for one (1) grant per one (1) project administered by MDEC at any one time.
7. The Applicant/Recipient is not a current grant recipient from MDEC, the National Film Development Corporation Malaysia (FINAS), or MyCreative Venture Sdn Bhd.
8. If Applicant/Recipient previously has received any MDEC/government grant*, the Applicant/Recipient must:​
   1. (i) Demonstrate the completion of the funded project(s); and
   2. (ii) Declare any notice of non-compliance/breach being recorded during the period of the funded project(s).
   3. If the Applicant/Recipient currently has on-going grant with other government agencies, Applicant/Recipient to prove that the project is different (not overlapped with the proposed project under MDEC’s grant) and has no non-compliance/breach issues being recorded during the period of the funded project(s) (via a letter from grant awarding entity or equivalent).
   4. *Limited to 5 years records from the of approval of the respective grant.
9. Past MDEC Grant Recipients can only reapply after one (1) year from the project completion date (grant closure email date). Nevertheless, the exceptions to the above requirement are granted to the following grant recipients:
   1. (a) Recipients of Prisma/Mini Grant applying for Prime Grant for the same project, or
   2. (b) Recipients of Prisma/Mini/Development/Prime Grant applying for Mega Grant for the same project, or
   3. (c) Recipients of Prisma/Mini/Development/Prime/Production/Mega Grant applying for Marketing and Commercialisation Grant for the same project.
10. Not a broadcaster, television networks, over-the-top (OTT) platforms or media company.
11. Director(s), shareholder(s), owner(s), and/or partner(s) of the Applicant/Recipient shall not owe any amounts to MDEC due to claw back issues from previous grants.