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.
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