Agency in Charge:
Malaysian Technology Development Corporation (MTDC)
Application Deadline:
Available throughout the year.
Target Group:
All Malaysian companies (exclude sole proprietorships) that hope to test their products, services, business models and delivery mechanisms in a live environment.
Form of Aid:
Grant and Convertible Promissory Notes
- Sandbox Fund 1 (Single Site Sandbox): 100% grant for all eligible costs*.
- Sandbox Fund 2 (Multiple Site Sandbox): 70% grant of all eligible costs* according to the determined maximum quantum
- Sandbox Fund 3 (Commercialisation Sandbox): 70% funding (In the form of grant and Convertible Promissory Notes) of all eligible costs* according to the determined maximum quantum.
- Sandbox Fund 4 (Corporate Sandbox): The funding mechanism will be mutually decided between MTDC and the corporate investor/entity.
The quantum of funding is between RM250,000 and RM5 million depending on the funding schemes.
Related Info:
