Market Development Grant (MDG)
Objectives
To assist Malaysian Small and Medium Enterprises (SMEs), Trade & Industry Associations, Chambers of Commerce & Professional Bodies in undertaking eligible export promotional activities
Financing type
GrantFinancing amount (max)
RM200,000 per eligible company (any company that has utilised the full grant amount of RM200,000 since the date of commencement in 2002, will no longer be eligible for consideration)
Purpose of Financing
Eligibility criteria
- Incorporated under the Companies Act 1965
- At least 60% equity is owned by Malaysian(s)
- Exporting products made in Malaysia or Malaysian services
- Registered with MATRADE under the Malaysia Exporters Registry (MER)
- An active business entity (also applicable for company incorporated less than 1 year)
- Not a Government Linked Company (GLCs) or have government equity (federal or state)
- Export promotional activities which are subsidised or sponsored by third parties (e.g Ministries or Government agencies / Trade and Industry Associations / Chambers of Commerce / Professional Bodies and Others) are not eligible for MDG
Application procedure
Application for Market Development Grant (MDG) must be submitted online through MATRADE’s website within forty (40) days as per following:
i. From the last date of promotional activities for:
- International Trade Fairs/ Exhibitions held locally or overseas;
- Trade & Investment Missions/ Export Acceleration Missions (EAM); and
- International Conferences Overseas.
ii. From the first day of listing in the Hypermarkets/ Supermarkets/ Retail Centres Overseas
The system can be accessed from MATRADE’s website.
For further information
MATRADE
Market Development Unit
8th Floor, Menara MATRADE
Jalan Sultan Haji Ahmad Shah
50480 Kuala Lumpur
Tel: 03-6207 7593
Email: mdg@matrade.gov.my