Details 05 April 2021
The Malaysia Digital Economy Corporation (MDEC) has approved another RM10.5 million worth of grants for 50 small and medium-sized enterprises and start-ups. It is also in the process of disbursing RM3.5 million worth of grant claims to 20 recipients, mainly from the digital creative content industry. This comes more than a month after MDEC announced in February that it distributed RM2.35 million worth of grants for 47 grant recipients from the SME and start-up sectors.
According to MDEC, the grant allocation is part of its initiatives under the digital content grant and smart automation grant that aim to encourage local SMEs and start-ups to embrace new digital technologies and services which will increase their business productivity and sustainability. MDEC added that the funding is also part of its three strategic framework pillars - digital skills and jobs, digital businesses, and digital investments.
Monday, 05 Apr 2021 03:52 PM MYT
BY KEERTAN AYAMANY
Transport Minister Datuk Seri Wee Ka Siong arrives for a press conference in Putrajaya April 5, 2021. Picture by Firdaus Latif
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KUALA LUMPUR, April 5 In a rebuttal to Transport Minister Datuk Seri Wee Ka Siong’s claims that Malaysia was bypassed in several undersea cable projects because it lacked the proper infrastructure, Malaysia Digital Economy Corporation (MDEC) chairman Datuk Rais Hussin Mohamed Ariff has asked the minister to better verify his statements.
“Dr Wee said the data centre was built in Singapore because Malaysia lacked the appropriate data centre infrastructure.
MDEC appoints Razif Abdul Aziz Vice President of Investment and Grants
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Cyberjaya, 1 April 2021: Continuing its ‘Reinvent’ mission, the Malaysia Digital Economy Corporation (MDEC) announced Razif Abdul Aziz as its new Vice President of Investment and Grants. Razif will manage the ongoing and upcoming initiatives to drive investments in Malaysia’s digital economy and to manage grants distribution across all MDEC programmes. He will report to Raymond Siva, Senior Vice President of Investment and Brand, and CMO of MDEC.
Of immediate importance, Razif will lead the efforts to strengthen the integrity of the grants framework and institutionalising best practices in the evaluation, disbursement and monitoring of all MDEC-managed grants and its alignment to MDEC’s investment attraction objectives.
MDEC Allocates RM14 Million to 70 SMEs and Start-Ups to Strengthen the Digital Ecosystem
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Cyberjaya, 1 April 2021: The Malaysia Digital Economy Corporation (MDEC) announced today that it has approved another RM10.5 million worth of grants benefiting 50 small and medium-sized enterprises (SMEs) and start-ups. Additionally, MDEC is in the midst of disbursing RM3.5 million worth of grant claims to 20 recipients, mainly from the digital creative content industry.
The grant allocation is part of MDEC’s initiatives under the Digital Content Grant (DCG) and Smart Automation Grant (SAG) that have been designed to encourage local SMEs and start-ups to embrace new digital technologies and services which will increase their business productivity and sustainability.
MDEC, CIMB Islamic provide RM25m in financing to drive AgTech | Money malaymail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaymail.com Daily Mail and Mail on Sunday newspapers.