Malaysia Digital Acceleration grant

Accelerating Growth and Expansion of Mature Digital Technology

Malaysia Digital Acceleration Grant

The Malaysia Digital Acceleration Grant’s intent is to accelerate growth of MD Status companies who are in commercialisation and expansion stage to become regional champions and is aligned with Malaysia Digital (MD) Focus Tech and Sectors.

Our Objective

Accelerate growth of MD status companies with mature technology and on going, revenue generating commercial contracts

Drive companies to become Malaysia / Regional champions based on Malaysia Digital Investment Strategy 

Develop ecosystem of companies with proven and validated technologies /solutions with the Tech and Sector Focus 

Create regional and global players in the next 3 years 

Accelerate growth of MD Status companies with mature technology and on going, revenue generating commercial contracts. 

Accelerate growth of MD Status companies with mature technology and on going, revenue generating commercial contracts. 

Accelerate growth of MD Status companies with mature technology and on going, revenue generating commercial contracts. 

Accelerate growth of MD Status companies with mature technology and on going, revenue generating commercial contracts. 

Eligibility Criteria

  1. Incorporated for more than one (1) year; or 
    If Incorporated less than one (1) year, the company is to provide the following documents:
    a. Parent companies SSM search or equivalent to SSM search; and
    b. A copy of latest Audited Account of the parent company.

  2. Eligible company 
    a. Incorporated in Malaysia under Companies Act 1965 or the Companies Act 2016;
    b. Minimum paid up capital of at least RM50,000.00; and

  3. Open to all companies including MD status companies. Companies who are not MD status companies must apply for MD status during the course of the grant.

  4. Not the subject of liquidation/winding up and has no going concern issue*. [*If the Company has going concern issue (as reported in their latest audited account, the Company is to provide a letter of  undertaking by the shareholder and/or authorised director (whichever applicable) of the Company to undertake that in the event that their application is approved, the Company shall perform its obligations under the terms and conditions to be issued by MDEC and to provide financial support to the Company to enable the Company to meet its obligations and/or liabilities under the terms and conditions.]

  5. Director/shareholder of the eligible company have declared and disclosed if there is any business relationship/family relationship with any of MDEC’s director or employee.

  6. Director/shareholder of the eligible company have declared and disclosed if they are under any litigation related to the eligible company.

     

  7. Director/shareholder of the eligible company to declare and disclosed if they are blacklisted by Malaysia Anti-Corruption Commission (MACC).

     

  8. Companies with common shareholder/s can only submit one (1) application for the grant administered by MDEC (this requirement is not applicable to venture capital investors and registered market operator e.g.: Equity Crowdfunding, ECF Platforms). Consideration will be provided based on different/additional activities/projects aligned to Malaysia Digital, which will be evaluated on a case-to-case basis.

     

  9. If eligible company previously has received any MDEC/government grant/incentive, the Company has:
    a. Demonstrated the completion of the funded project(s); and
    b. Declared any notice of non-compliance/breach being recorded during the period of the funded project(s). 

Application Flow

  1. Download the application form by clicking the button below
  2. Register and Login with your credentials to GAIN Awards Platform
  3. Click “Start Application” under My Applications
  • Select Department “Grants and Funding”
  • Select Program “Malaysia Digital Acceleration Grant”
  • Provide your company details and upload your application form and supporting documents
  • Click “Submit Application” once completed. Once submitted is considered as final submission
  1. Download the application form by clicking the button below

     

  2. Register and Login with your credentials to GAIN Awards Platform: https://gainmdec.
    awardsplatform.com/  
  3. Click “Start Application” under My Applications
  • Select Department “Grants and Funding”
  • Select Program “Malaysia Digital Acceleration Grant”
  • Provide your company details and upload your application form and supporting documents
  • Click “Submit Application” once completed. Once submitted is considered as final submission 

Malaysia Digital Acceleration Grant

Apply Now To Accelerate Your Expansion

FREQUENTLY ASKED QUESTIONS

The Malaysia Digital Acceleration Grant's intent is to accelerate growth of MD Status companies who are in commercialisation and expansion stage to become regional champions and is aligned with Malaysia Digital (MD) Focus Tech and Sectors.

  • Accelerate growth of MD status companies with mature technology and on going, revenue generating commercial contracts.
  • Drive companies to become Malaysia / Regional champions based on Malaysia Digital Investment Strategy
  • Develop ecosystem of companies with proven and validated technologies/solutions with the Tech and Sector Focus
  • Create regional and global players in the next 3 years

The Applicant must be a company with the registered business activities comprising primarily in technology activities from the digital economy sector and its open to all companies including MD status companies. Companies who are not MD status companies status must apply for MD status during the course of the grant.

  1. The company must be a digital technology company.
  2. Incorporated for more than one (1) year; or
    If Incorporated less than one (1) year, the company is to provide the following documents:
    i. Parent companies SSM search or equivalent to SSM search; and
    ii. A copy of latest Audited Account of the parent company.
  3. Eligible company
    Incorporated in Malaysia under Companies Act 1965 or the Companies Act 2016;
    i. Minimum paid up capital of at least RM50,000.00; and
  4. Open to all companies including MD status companies. Companies who are not MD status companies must apply for MD status during the course of the grant.
  5. Not the subject of liquidation/winding up and has no going concern issue*. [*If the Company has going concern issue (as reported in their latest audited account, the Company is to provide a letter of undertaking by the shareholder and/or authorised director (whichever applicable) of the Company to undertake that in the event that their application is approved, the Company shall perform its obligations under the terms and conditions to be issued by MDEC and to provide financial support to the Company to enable the Company to meet its obligations and/or liabilities under the terms and conditions.]
  6. Director/shareholder of the eligible company have declared and disclosed if there is any business relationship/family relationship with any of MDEC’s director or employee.
  7. Director/shareholder of the eligible company have declared and disclosed if they are under any litigation related to the eligible company.
  8. Director/shareholder of the eligible company to declare and disclosed if they are blacklisted by Malaysia Anti-Corruption Commission (MACC).
  9. Companies with common shareholder/s can only submit one (1) application for the grant administered by MDEC (this requirement is not applicable to venture capital investors and registered market operator e.g.: Equity Crowdfunding, ECF Platforms). Consideration will be provided based on different/additional activities/projects aligned to Malaysia Digital, which will be evaluated on a case-to-case basis.
  10. If eligible company previously has received any MDEC/government grant/incentive, the Company has:
    a. Demonstrated the completion of the funded project(s); and
    b. Declared any notice of non-compliance/breach being recorded during the period of the funded project(s).

All related cost MUST be related to the approved business activities.

  1. Download the application form
  2. Applicant to complete the MDAG application form and submit the application form together with the required supporting documents and upload it at GAIN Awards Platform.

23 August 2022 to 30 August 2022. Subjected to MDEC discretion.

MDEC verifies application based on the eligibility criteria and will notify the applicants via email for further clarification and next approval process.

Should you have any enquiries with regards to the application, kindly contact our Malaysia Digital Client Contact Centre at 1800 888 338 or [email protected]

The approval given is subject to a mutually agreed time-bound deliverables/milestones and as specified in the terms & conditions to be issued by MDEC

The company may reach out to [email protected] or call the following hotline 1800 888 338

WHAT IS GLOBAL TECHNOLOGY GRANT (GTG)?

GTG  is to nurture global champions, driving investments and catalysing digital innovation ecosystem.

 

The grant will be used solely for the purpose of technology innovation, development and commercialization of innovative commercial-driven product or service