Business Growth Fund (BGF)
| Name of Fund | Business Growth Fund (BGF) |
| Ministry | Ministry of Science, Technology and Innovation (MOSTI) |
| Agency | Malaysian Technology Development Corporation Sdn Bhd (MTDC) |
| Sector | Others |
| Sub Sector | All High Technology Sub Sectors |
| Fund Objective | To support successful grant recipient companies until they can generate sufficient commercial value to attract VC financing and other forms of financing. |
| Description Scope | • Hybrid (combination of grant + equity) • Maximum funding is RM4 Million (up to 25% of total funding or maximum of RM1 Million in the form of grant and RM3 Million in the form of RCPS excluding the grant portion) • Exits within 3-5 years through IPO, buyback, trade sale etc) |
| Quantum Of Funding | RM 150 Million |
| Phase | Commercialisation |
| Eligibility | All Malaysian grant recipient companies |
| Telephone No | 03-2172 6000 |
| idjarmizuan@mtdc.com.my | |
| Tags | Hybrid Funding, Post commercialisation, VC |
| URL | www.mtdc.com.my |
