Business Growth Fund (BGF)

Introduction
  • The Business Growth Fund (BGF) focuses specifically on supporting and providing follow-on funding to successful grant recipient companies
  • 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 venture capital (VC) financing
Objectives
  • Accelerate the development of local high technology companies by providing business funding to qualified growth companies
  • Provides funding for the “last mile” of the R&D&C value chain
  • Build enough “commercial” value in the company to make companies attractive for follow-on financing by VCs & other financing institutions
Financing type
Loan
Purpose of Financing
CAPEX
Working Capital
Eligibility criteria

Accelerate the development of local high technology companies by providing business funding to qualified growth companies
Provides funding for the “last mile” of the R&D&C value chain
Build enough “commercial” value in the company to make companies attractive for follow-on financing by VCs & other financing institutions

Application procedure

Applicants can submit their application during office hours to MTDC. Applicants are advised to ensure that the submission has all the required supporting documents

For further information

Idjarmizuan Ibrahim
Senior Vice President
Technology Ventures Department
Tel: 03-2172 6000
Email: [email protected]


Mohd Jerry Tan Mohd Safi
Vice President
Processing of BSF & BGF
Tel: 03-2172 6000
Email: [email protected]


Malaysian Technology Development Corporation (MTDC)
Level 8 & 9, Menara Yayasan Tun Razak,
Jalan Bukit Bintang,
55100 Kuala Lumpur