The Market Development Grant (MDG) is a financial support facility in the form of a reimbursable grant. MDG was introduced in 2002 with the objective to facilitate Malaysian exporters’ core expenses in promoting Malaysian made products or services globally. The maximum ceiling amount for Malaysian SMEs, Professional Service Providers, Trade and Industry Associations, Chambers of Commerce, Professional Bodies and Cooperatives will increase from RM200,000 to RM300,000 per life time.
The Malaysian SMEs, Professional Service Providers, Trade and Industry Associations, Chambers of Commerce, Professional Bodies and Cooperatives that has fully utilised RM200,000 also eligible to claim for additional RM100,000 for participation in export promotion activities.
MDG 2020 highlights:
i. Ceiling MDG will increase from RM200,000 to RM300,000.
ii. Eligible expenses for participation in International Trade Fair held overseas had been revised from RM15,000 to RM25,000.
iii. Eligible criteria for MDG – to include Co-operatives (trade related), incorporated under Cooperatives Societies Act 1993.
This announcement will take effect 1 January 2020.
Attached herewith the MDG guidelines for your reference.
(See attached file: MDG 2020_ Guidelines.pdf)
For more details, please visit MATRADE website at www.matrade.gov.my or click the following link.
http://www.matrade.gov.my/en/malaysian-exporters/services-for-exporters/exporters-development/market-development-grant-mdg
For any clarification, please contact:
Market Development Unit
8th Floor, East Wing
Menara MATRADE
Jalan Sultan Haji Ahmad Shah
50480 Kuala Lumpur
Tel: 03-62077593
Fax: 03-62037252
Website: www.matrade.gov.my
Email:
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