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MDEC
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MDEC — Malaysia Digital Catalyst Grant (MDCG) / Digital Acceleration Grant (MDAG)

Grant — Matching / Reimbursable (up to 50% of project cost)

Matching grant reimbursing up to 50% of project cost for Malaysia Digital–status companies adopting smart manufacturing and semiconductor/E&E digital solutions.

Open & Active — Applications open at malaysiadigital.mdec.my until fund fully committed (opened Sep 2024). Requires Malaysia Digital (MD) status. MDCG: innovation with end-user partner. MDAG: ecosystem building, CoE, talent.

Financial Parameters

Total pool / mandate
Not publicly disclosed per cohort (rolling)
Ticket size
Not specified – RM1,000,000 (50% of project cost, whichever lower)
Cost of capital
0% — non-repayable matching grant; reimburses up to 50% of eligible project costs (MDCG/MDAG); up to 30% for MDAG follow-on tranche
Tenure
Up to 12 months per project
Grace period
N/A (grant)
Shariah-compliant
No

Focus Areas

Value chain segments
IC Design & Embedded SystemsSmart Factory / Industry 4.0
Use of proceeds
R&DCommercialisation
Company stage
Growth-stageEstablished / Mid-tier

Eligibility

Ownership requirement
Incorporated in Malaysia; Malaysia Digital (MD) or MSC status required (or to be obtained within grant period); ≥51% Malaysian-owned; min paid-up capital RM50,000 (MDCG) or RM500,000 (MDCG Tier 2); min 1yr operation; digital/technology primary activity

Revenue-generating tech SME or growth company; MD status preferred; project must address E&E / semiconductor / advanced manufacturing within MD-promoted sectors

Application

Application cycle
Rolling — online via Malaysia Digital Platform (malaysiadigital.mdec.my); open until funds committed

Background

Example recipients
E&E companies adopting smart manufacturing / IoT; semiconductor equipment makers building cloud-based defect management systems
Notes / source
Source: MDEC, https://mdec.my/grants/mdcg