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GRANT'S NAME Market Development Grant (MDG)
AGENCY Malaysia External Trade Development Corporation (MATRADE)
PURPOSE To assist Malaysian Small and Medium Enterprises (SMEs), Professional Service Providers, Trade & Industry Associations, Chambers of Commerce and Professional Bodies in increasing global sales by undertaking eligible export promotional activities.
AMOUNT OF GRANT Up to RM200,000 per Company
SECTOR No specified sector, applicable for all sector
ELIGIBILITIES
  1. Small and Medium Enterprises (SMEs): a) Incorporated under the Companies Act 1965 b) At least 60% equity is owned by Malaysian(s) c) Exporting products made in Malaysia or Malaysian services; and fulfilling the following criteria: Manufacturing (including agro-based): i. Annual sales turnover not exceeding RM50 million (based on the latest Audited Financial Statement) OR ii. Full-time employees not exceeding 200 (based on the latest EPF Statement) Trading: i. Annual sales turnover not exceeding RM20 million (based on the latest Audited Financial Statement) OR ii. Full-time employees not exceeding 75 (based on the latest EPF Statement) Services (excluding real estate, tourism, financial & insurance industry): i. Annual sales turnover not exceeding RM20 million (based on the latest Audited Financial Statement) OR ii. Full-time employees not exceeding 75 (based on the latest EPF Statement)
  2. Professional Service Providers (Sole Proprietor or Partnership): a) Incorporated under the Registration of Business Act (1956) / Registered under the respective statutory bodies for professional services providers b) At least 60% equity owned by Malaysian c) Exporting Malaysian services; and fulfill any of the following criteria: i. Annual sales turnover not exceeding RM20 million (based on the latest Audited Financial Statement) OR ii. Full-time employees not exceeding 75 (based on the latest EPF Statement)
  3. Trade & Industry Associations, Chambers of Commerce & Professional Bodies : Registered with the Registrar of Society (ROS) or Associated Professional Authority.

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