MARKET DEVELOPMENT GRANT (MDG) – SUPPORT INITIATIVES FOR MALAYSIAN SME COMPANIES AFFECTED BY COVID-19
What is MDG?
The Market Development Grant (MDG) is a support initiative in the form of a reimbursable grant. MDG was introduced in 2002 with the objective of assisting exporters in their efforts to promote Malaysian-made products or services globally.
The lifetime limit of MDG is RM300,000 and it is specifically formulated for Malaysian SME Companies, Professional Service Providers, Trade and Industry Associations, Chambers of Commerce, Professional Bodies and Co-operatives.
[Note: MDG reimbursements are subject to the availability of the government funds]
What Activities Are Eligible For Grant Funding?
Physical Events
- Participation in International Trade Fairs or Exhibitions held in Malaysia/Overseas
- Participation in Trade & Investment Missions (TIM) or Export Acceleration Missions (EAM)
- Participation in International Conferences Held Overseas
- Listing Fees for Made in Malaysia Products in Supermarkets or Hypermarkets or Retail Centres or Boutique Outlets Located Overseas
Virtual Events
- Participation in Virtual International Trade Fairs In Malaysia Or Overseas
- Participation In Business To Business (B2B) Meetings Related To Virtual Trade Investment Missions And Export Acceleration Missions
Who Is Eligible To Claim For MDG? (please refer to MDG Guidelines)
- Small And Medium Enterprises (SMEs)
- Professional Service Providers (Sole Proprietor Or Partnership)
- Trade & Industry Associations, Chambers Of Commerce Or Professional Bodies
- Co-operatives
How Do I Submit My New Application Of Claims Or Request For Reimbursement Of Expenses?
- All completed applications MUST be SUBMITTED ONLINE through MATRADE’s website at www.matrade.gov.my/mdg/
- Submissions for reimbursements must be:
No | Promotion Activity | Submission of Applications |
Physical Event | ||
i. | Participation in International Trade Fairs or Exhibitions held in Malaysia/Overseas | Within 30 calendar days from the last date of the promotion activity |
ii. | Participation in Trade & Investment Missions (TIM) or Export Acceleration Missions (EAM) | |
iii. | Participation in International Conferences Held Overseas | |
iv. | Listing fees in Supermarkets or Hypermarkets or Retail Centres or Boutique Outlets Located Overseas | From the first day of listing |
Virtual Event | ||
i. | Participation in Virtual International Trade Fairs In Malaysia or Overseas | Duration of Virtual Event less than 30 days: Submission must be made within 30 calendar days from the last date of event/activityDuration of Virtual Event 31 days or more: Submission must be made from the first day until the end (last day) of event/activity |
ii. | Participation In Business To Business (B2B) Meetings Related To Virtual Trade Investment Missions And Export Acceleration Missions | Within 30 calendar days from the last date of the promotion activity |
For more information, please download information as per the link below:
Market Development Grant (MDG)
Market Development Grant (MDG) Virtual Events
REMINDER
- Activities below have been suspended until further notice :
- Logistic costs of sending Malaysian products overseas
- Financial compensation for postponements or cancellations of trade promotion events
All inquiries and submission of reports must be sent to:
Market Development Unit (MDG)
8th Floor, East Wing,
Menara MATRADE,
Jalan Sultan Haji Ahmad Shah,
50480 Kuala Lumpur, MALAYSIA
Tel: +603-6207 7593
Fax: +603-6203 7252
Email:mdg@matrade.gov.my
Article Reference: MATRADE Market Development Unit