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Notice
Board
Revised Guidelines
for
Market Development Grant (MDG) 2005
A.
Companies Eligible to Apply for MDG
·
Manufacturing Sector – having an annual sales turnover not
exceeding RM25 million (based on the latest financial report) OR not
more than 150 full-time employees.
·
At least 60% of equity is held by Malaysian.
B.
Additional Eligible Activities
The scope of eligible activities for MDG have been extended to
include:-
·
Participation in industry Related International Conferences
·
Participation in meetings related to negotiations on Mutual
Recognition Agreement (MRAs) by representatives of the Trade and Industry
and Professional Services Association
·
Setting up sales promotion office overseas to promote
exports of Malaysian products and services
·
Existing Eligible Activities:
i.
Participation in trade mission
ii.
Participation at international trade fairs
iii.
Preparation of promotional items including brochures
iv.
Promotion of brands overseas
C.
Maximum Grant
Companies
can now obtain a 50% matching grant on the approved cost of the eligible
activities subject to a maximum of RM100,000 per company. The
RM100,000 grant is however subject to the availability of funds.
For
enquiries, please contact Ms. Susila Devi at MATRADE, Tel: 03-2616 3333.
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