IF you have a cool tech idea, Penang may fund you up to RM250,000 as long as you have proof of early traction.
The Penang i4.0 Seed Fund, a pilot programme initiated by the state government through investPenang and @CAT Penang, offers funding to startups incorporated in Malaysia that have a working minimum viable product with positive early traction, company ownership of at least 51% by Malaysians, have been operating for less than five years and an accumulated revenue not exceeding RM1mil.
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