Kuala Lumpur, 16 May 2023 (The Capital Post) – The Digital Industry grants initiated by the Malaysia Digital Economy Corporation (MDEC), under the Ministry of Communications and Digital (KKD), have garnered an impressive response since their launch on 2 May 2023. These grants include the Digital Content Grant (DCG), the Malaysia Digital X-Port Grant (MDXG), and the Malaysia Digital Catalyst Grant (MDCG).
Evidently, the recent virtual briefing session held on 9 May 2023 witnessed the active participation of nearly 1,000 digital industry players. During the session, over 300 queries and information related to the eligibility criteria for grant applications were raised by these industry players. This robust engagement reflects the high level of interest and enthusiasm among the digital community regarding these grants.
Following the initial application process, the selected applicants will be required to attend a presentation session scheduled for June 2023. The announcement of successful applications is expected to be made in July 2023, pending the number of applications received.
In light of the encouraging response thus far, Fahmi Fadzil, the Minister of Communications and Digital, encourages more local creative industry players to seize this opportunity and apply for these grants. By doing so, they can capitalize on the support provided by the grants to enhance their competitiveness in the local market and expand their reach to the global market.
Interested applicants are reminded that the closing date for grant applications is 1 June 2023. For further details and information on how to apply, visit www.mdec.my/grants.
The Digital Industry grants introduced by MDEC under the Ministry of Communications and Digital aim to stimulate growth and innovation within the digital sector in Malaysia. With the overwhelming response received so far, it is evident that these grants have generated considerable interest among digital industry players, indicating a promising future for Malaysia’s digital economy. – The Capital Post