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
Tags Hybrid Funding, Post commercialisation, VC