The Market Development Grant (MDG) is a support initiative in the form of a reimbursable grant. MDG was introduced in 2002 with the objective of assisting exporters in their efforts to promote Malaysian made products or services globally. The lifetime limit of MDG is RM300,000 and it is specifically formulated for Malaysian SME Companies, Professional Service Providers, Trade and Industry Associations, Chambers of Commerce, Professional Bodies and Co-operatives
In 2020, export initiatives under MDG was further expanded to include:
[Note: MDG reimbursements are subject to the availability of the government funds]
Virtual Events for the purpose of MDG is defined as an internationally recognised trade promotion activity held on a web platform, in a virtual venue that enables business interaction between people and entities, through online interactive tools. Smart phones, tablets, laptops and computer desktops are the most common tools used for this virtual interaction.
This temporary relief granted through Market Development Grant (MDG) will allow for the reimbursement of up to 30% of total logistic costs subject to a maximum of RM15,000 per shipment, including the cost of transportation, warehousing and freight. This temporary support initiative is applicable for logistics costs incurred until 31 December 2020 or the COVID-19 pandemic is officially declared ended by the government, whichever comes first.
The temporary expanded scope of MDG now allows SME companies to claim for reimbursements of specific expenses incurred, due to cancellations or postponements of trade promotion events, such as non-refundable participation fees, airfares and accommodations, subject to the total of all three expense components not exceeding RM25,000 per event. This temporary relief is applicable until 31 December 2020 or the COVID-19 pandemic is officially declared ended by the government, whichever comes first
Current Events
Virtual Events
Reimbursement on Logistic Costs Of Sending Malaysian Product Overseas (18 March until 31 December 2020)
Financial Compensation for Postponements Or Cancellations Of Trade Promotion Events (18 March until 31 December 2020)
No | Promotion Activity | Submission of Applications |
Physical Event | ||
i. | Participation in International Trade Fairs or Exhibitions held in Malaysia/Overseas | Within 30 calendar days from the last date of the promotion activity |
ii. | Participation in Trade & Investment Missions (TIM) or Export Acceleration Missions (EAM) | |
iii. | Participation in International Conferences Held Overseas | |
iv. | Listing fees in Supermarkets or Hypermarkets or Retail Centres or Boutique Outlets Located Overseas | From the first day of listing |
Virtual Event | ||
i. | Participation in Virtual International Trade Fairs In Malaysia or Overseas |
|
ii. | Participation In Business To Business (B2B) Meetings Related To Virtual Trade Investment Missions And Export Acceleration Missions | Within 30 calendar days from the last date of the promotion activity |
Postponements or Cancellations of Trade Promotion Events | ||
i | Financial Compensation for Postponements or Cancellations of Trade Promotion Events | Within 30 calendar days from the last date of the promotion activity |
Logistic costs | ||
i. | Logistic costs of sending Malaysian product overseas | Within 30 calendar days from the first day of shipment |
All enquiries and submission of reports must be sent to:
Market Development Unit (MDG)
8th Floor, East Wing,
Menara MATRADE,
Jalan Sultan Haji Ahmad Shah,
50480 Kuala Lumpur, MALAYSIA
Tel: +603-6207 7593
Fax: +603-6203 7252
Email:mdg@matrade.gov.my
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