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MTDC: Business Growth Fund (BGF)

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The BGF is designed to bridge the financing gap between the early stage of commercialisation and venture capital financing for high technology companies.  The BGF also functions as a follow-on funding program capable to assist high-growth technology based companies to scale up and expand their business, preferably in the international market.

Target Group
Technology companies with high growth potential.

Eligibility Criteria
Technology-based company with a minimum of 75% Malaysian ownership;

– The company has achieved minimum revenue of RM1.5m and also be profitable in the recent financial year end.

Quantum of Funding
Maximum of up to RM10.0 million

Funding Period
5 years

Funding Instrument
Equity funding via Redeemable Convertible Preference Shares (RCPS)

Contact Us – BGF

General Line: +6 03 2172-6000
Fax : +6 03 2163-7549

Idjarmizuan Ibrahim
Senior Vice President
Fund Management Division
E-mail : idjarmizuan@mtdc.com.my

Mohd Jerry Tan Mohd Safi
Vice President
Processing of BSF & BGF
E-mail : jerry@mtdc.com.my

Source by: MTDC

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