Malaysian Technology Development Corporation (MTDC) was set up by government of Malaysia in 1992 to spearhead the development of technology businesses in Malaysia. Its initial role was to concentrate on the promotion and commercialisation of local research and invests in new ventures that can bring in new technologies from abroad.

Since the 7th Malaysia Plan, MTDC has been instrumental in the development of technology companies and commercialisation of new technologies.

MTDC has now evolved to become an Integrated Venture Capital Solutions Provider – successfully managing grants, venture capital funds, technology centres and nuturing technology companies.
Under the 10th Malaysia Plan, the role of MTDC had been expanded to create an effective ecosystem for commercialisation of homegrown technologies – to groom a new generation of Technopreneurs through comprehensive nurturing services that support them all the way from laboratory ideas to full commercialisation.

The right mix of dedication, knowledge, technology, innovation, conviction, support, investments and nurturing makes MTDC a Complete Equation… creating value and accelerating economic growth for the Nation.

Grants Available

Commercialisation of Research & Development Fund (CRDF)

Technology Acquisition Fund (TAF)

The Business Growth Fund (BGF) focuses specifically on supporting and providing follow-on funding to successful grant recipient companies. The fund provides hybrid grant-equity funding which acts as a transition and a bridge from grant to venture capital (VC) financing. The financial assistant is a mix of two components – a grant portion and an equity portion that is similarly structured but more flexible than a VC financing.

Business Start-up Fund (BSF) is established to fund new start-up technology-based companies. The Fund incorporates elements of loan and equity, offering companies flexible funding via Convertible Notes (CN) and/or Preference Shares. The objectives of BSF are to support and encourage entrepreneurship; creation of new strategic businesses that are important and potentially scalable; and funding of supporting companies within a technology eco-system.

The Business Expansion Fund (BEF) was introduced to assist Bumiputera technology based business entities to expand their operations locally and internationally. The fund offers a combination of equity and loan based financing. The equity portion will be offered through the subscription of RCPS (Redeemable Cumulative Preference Shares) without any collateral and coupon rate or interest for a period of 5 years. However, the applicant will be required to pay the full amount together with IRR of 10% at the fifth year or at a time the applicant decided to redeem the RCPS. The loan amount will be raised through participation from commercial banks with MTDC assistance or bank of your choice.

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