MARKET DEVELOPMENT GRANT (MDG) 2020 – MDG CLAIMABLE FOR VIRTUAL EVENTS
MDG Claimable for virtual events:
i. Participation In Virtual International Trade Fairs Held In Malaysia Or Overseas
ii. Participation In Business To Business Meetings Related To Virtual Trade Investment Mission And Export Acceleration Mission
Malaysia External Trade Development Corporation (MATRADE) has introduced the guidelines of Market Development Grant (MDG) for online export promotions in view of the COVID-19 pandemic. The new guidelines will allow SMEs to claim certain expenses for participation in virtual trade events to promote exports starting from 1 July 2020.
Under these new guidelines, eligible Malaysian SMEs, Professional Service Providers, Trade and Industry Associations, Chambers of Commerce, Professional Bodies and Cooperatives can apply for reimbursable grant for activities under the two (2) categories, namely virtual international trade fairs and virtual trade promotion missions where Business to Business (B2B) meetings are organised. The MDG, introduced in 2002, aims at assisting Malaysian SME exporters’ to promote Malaysian products and services as well as enhance product branding in the international markets.
Further information on MDG, please click the following link.
Any enquiries pertaining to MDG, please contact 03-6207 7593 or e-mail at [email protected]