Application for Malaysia Digital Acceleration Grant open now till July 28

CYBERJAYA, July 14: The Ministry of Communications and Digital (KKD) through Malaysia Digital Economy Corporation (MDEC), has announced the opening of applications for the Malaysia Digital Acceleration Grant (MDAG) 2023, starting today until 28 July 2023.

In a press release here today, MDEC said the MDAG is intended to drive the growth of digital and technology companies with Malaysia Digital (MD) status in their commercialisation stage.

“This grant aligns with the MD national strategic initiative, which focuses on attracting investments and
creating high-value job opportunities, ultimately achieving the nation’s digital economic aspirations and positioning Malaysia as the digital hub of ASEAN.”

The grants will provide the essential funding for industry players to enhance their operations through the continued utilisation of technology, fostering innovation within the country’s digital ecosystem, and generating more job opportunities for the people, in line with the principles of Malaysia Madani.

Guided by the Malaysia Digital Investment Strategy, the grant is anticipated to create additional technology companies at the regional level over the next three years. It aligns with MD’s strategy and framework to accelerate the growth of promoted sectors through identified technology platforms.

Since its inception in 2022, the MDAG grant has benefitted a total of 35 companies.

Interested applicants must hold the MD status to be eligible for the grant. Successful MDAG grant recipients will be announced within two months after the application deadline.

More information is available at: //