Malaysian Technology Development Corporation

Introduction

Malaysian Technology Development Corporation (MTDC) was set up by the Government of Malaysia in 1992 to spearhead the development of technology businesses in Malaysia. Its initial role was to concentrate on the promotion and commercialisation of local research and invests in new ventures that can bring in new technologies from abroad.

From those investment activities, MTDC has evolved to become a venture capital outfit and has been the leading venture capitalist in the country long before the concept became familiar and accepted in Malaysia.

By the time other new venture capitalists came into being, MTDC has further evolved to become an integrated venture capital solutions provider and has become the only company in the country to attain the status. Today, MTDC is the only one-stop agency where financing can be sourced from; all the way from laboratory ideas to full commercialisation of such ideas.

To date, we have approved grants (under 9th Malaysia Plan) totalling RM143.4 million to 95 deserving local companies and participated in taking up equity stakes totalling more than RM350 million in more than 50 companies both locally and internationally. Our search for high-tech companies have led us to invest in the United States, Europe and other countries in the region.

URL http://www.mtdc.com.my