MDEC

Business qualifications include being incorporated in Malaysia with a paid up capital of RM50,000 and at least 51% Malaysian ownership.

Eligible businesses in the service sector include retail, wholesale, food and beverage, tourism, logistics, transportation, education, healthcare, real estate, professional and financial services.

Upon confirmation of eligibility by MDEC, SMEs will be asked to submit their business case to an assessment committee for fast-track approval, which will make a decision within 24 hours.