Access to various MDV financing schemes for Cyberjaya tech firms Create strong growth momentum for both national tech ecosystem
Investments by new venture debt firms a chance for club/syndicated deals MDV well positioned to continue as catalyst for venture debt growth
Subsequent round of applications to run for 2 weeks from 8 to 21 June Companies applying have average revenue of US$23,300 to US$1.6 mil
Cradle’s US$6.1mil grant eagerly awaited & deep tech programs from MaGIC Ecosystem players urge for focus on Recovery phase as well, offer to assist
Long-term growth for businesses and steady income stream will uplift digital economy and Malaysia’s gross domestic product
Emphasises the importance of the government’s continued support for the industry so no momentum is lost.
Participating are SMDV, Digital Garage, East Ventures, Insignia Ventures Partner, Triputra Group, and various angel Investors.
GEM initiative recognises high-performing and scalable entrepreneurs that showcase outstanding development.
Malaysian tech ecosystem welcomes a new US$238mil fund from Malaysian Debt Ventures.
The ‘Malaysia Commercialisation Year’ declared for 2016 catches DNA founder Karamjit Singh’s attention, who admits he did not pay much attention to it when 2014 was similarly declared a ‘Commercialisation Year.’