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Technology Acquisitions Fund (TAF 2)

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Objective
To provide financial assistance to women entrepreneurs to acquire equipment and machinery to improve current production, capacity or process.

Maximum tenure : 2 years

Maximum financing :

  • Up to a maximum of 50% or RM500,000 whichever is lower depending on the merits of each application for 100% woman-owned company
  • Up to a maximum of 25% or RM250,000 whichever is lower depending on the merits of each application for majority woman-owned company

Participating financial institutions / Implementing Ministry / Agency
MTDC

Eligibility criteria

  • The SMEs must be majority-owned by Malaysian woman/women while the CEO/MD/ED is also a woman with at least 10% equity in the company
  • The SMEs should be in operation for at least 2 years with relevant qualification, experience and good business management

Purpose of financing
Acquisition of equipment and machinery and training

Eligible sector / Types of financing
Agriculture, biotechnology, industrial (advanced materials, manufacturing, nanotechnology, energy, waste to wealth)

Application procedure
Application to be submitted to MTDC

Contact
Malaysian Technology Development Corporation Sdn Bhd (MTDC)
Tel: 03-2161000
Fax: 03-21637549
Website: www.mtdc.com.my

 
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