MyCreative targets to invest up to RM60mil this year

MyCreative Ventures CEO Johan Ishak

KUALA LUMPUR: MyCreative Ventures Sdn Bhd (MyCreative), a government investment arm, is targeting to invest between RM50mil and RM60mil this year to finance up to 25 companies involved in creative industries.

Chief executive officer Johan Ishak (pic) said MyCreative, which is tasked to spur the creative industry via strategic funding, was allocated RM200mil through a government budget and had committed the whole amount to 100 companies since December 2016.