Business Start-Up Fund (BSF)
Funds early-stage Malaysian technology companies with interest-free convertible notes and a grace period before repayment.
The Business Start-Up Fund (BSF) is an early-stage financing programme administered by the Malaysian Technology Development Corporation (MTDC) that provides flexible convertible instruments to technology-based Malaysian companies raising their first institutional capital. The maximum investment is RM 5 million or 90 percent of total project costs, whichever is lower. The primary instrument is an i…
Interest-free convertible notes up to RM 5 million (or 90% of project costs) for early-stage Malaysian technology companies, with an 18-month grace period before a five-year repayment term.
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