SERVICE EXPORT FUNDS & MARKET DEVELOPMENT FUNDS
SERVICE EXPORT FUNDS ( SEF )
SEF provides assistance to Malaysian Service Providers (MSPs) to undertake activities to expand and venture into the international market. The assistance is extended in the form of reimbursable grant and soft loan. The grant and soft loan disbursed is according to the maximum amount of each activity and up to a total of RM5 million per company for the duration of the period 2015 – 2020.
The objectives are:
To increase the competitiveness of Malaysian Service Providers (MSPs) overseas;
To increase accessibility and expand export of MSPs in the global market;
To expand the scope for export promotion to gain market access and export opportunities for services; and
To raise the profile of Malaysia at the international level as competent service provider and brand Malaysia as a supplier of services.
MARKET DEVELOPMENT FUNDS ( MDG )
The Market Development Grant (MDG) is a financial support facility in the form of a reimbursable grant to assist Malaysian Small and Medium Enterprises (SMEs), Professional Service Providers, Trade & Industry Associations, Chambers of Commerce and Professional Bodies in undertaking eligible export promotional activities.
RM200,000 per eligible company. Any company that has fully utilised RM200,000 since the date of commencement of MDG in 2002, will no longer be eligible for consideration. MDG reimbursements for any given year will be subject to the availability of funds.