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Matrade to promote local brands abroad

THE Malaysia External Trade Development Corp (Matrade), which will be corporatised with a launching grant of RM100mil, will immediately undertake international road shows including those to the Middle East and Africa to promote Malaysian products.


Competitive edge from a variety of sectors

THE manufacturing sector remained the second largest contributor to GDP growth with electrical and electronics (EE) accounting for the major share of about 39%. Of this, 30% was made up of semiconductors.


Govt shows confidence in Mavcap

THE additional RM300mil allocated to Mavcap is definitely a show of support and confidence by the government in Mavcap as a key provider of venture capital in Malaysia, says Mohd Azwar Mahmud, CEO, Malaysia Venture Capital Management.


Finance for science ideas

MALAYSIA Venture Capital Management Bhd (Mavcap) is actively seeking science and technology related ideas that can be nurtured into viable and commercial projects.


DPM: Fill gaps to ensure success of MSC

Gaps in the implementation of policies to develop the Multimedia Super Corridor (MSC) and the ICT sector as a whole must be filled to ensure future success, Deputy Prime Minister Datuk Seri Abdullah Ahmad Badawi said.


Scheme to aid technopreneurs

MALAYSIA Venture Capital Management Bhd (Mavcap) has introduced Cradle Investment Programme (CIP), which offers conditional grants of up to RM50,000 to fund the development of ideas from eligible technopreneurs.


Venture capital firms seen changing strategies

VENTURE capital companies are changing their investment strategies to counter the severe decline in deal flows as most business proposals by local entrepreneurs have been exhausted.


Mavcap to pump RM200m into firms

MALAYSIA Venture Capital Management Bhd (Mavcap) will invest RM200mil to seed at least 70 companies under its newly-launched cradle investment programme (CIP).


Enerleds wins RM2mil traffic contracts

ENERLEDS Solutions Sdn Bhd, a Penang-based company involved in the research and development and marketing of high-grade light emitting diodes (LEDs), has recently secured contracts worth some RM2mil to install the LEDs system for the traffic lights at the Butterworth Outer Ring Road project and Pulau Singha Besar, in Penang.


Mavcap to organise workshop in Penang

MALAYSIA Venture Capital Management Bhd (Mavcap) will conduct a workshop on entrepreneur development programme from May 23 to 24 in Penang.