With many international aviation, aerospace and drone related events planned for the year, MyAIRA and Best Events Productions met with MATRADE’s Export Promotion & Market Access Division as well as the Transformation and Digital Trade Division to seek advice on how Malaysian exporters can take advantage of the grants available to take part in international exhibitions and trade missions.
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?
- 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
- 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.
Services Export Fund (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. The grant disbursed is according to the maximum amount of each activity for the duration of the period 2021-2025.
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.
To apply for SEF grant, company needs to register as a MATRADE Member and subcribe to MyExport service
- If you are not a MATRADE Member, please register here.
- If you are a MATRADE Member, please register MyExport here. Click here to download MyExport user manual.
- If you are already registered in MyExport, kindly login and click Apply under SEF tab.
LEARN MORE ABOUT SEF HERE