Digital Penang understands that early-stage startups will require financial support in helping them to gain market entry, acquire customers, spending on marketing activities, showcasing on key industry events and other forms of user/customer acquisition activities.
This grant is to help you fund those activities with a commitment at your end to use this grant to effectively raised your company revenue.
Not a grant to pay for your operations or hardware or HR.
Translate grant into revenue for your startup sustainability.
MORE THAN mYR250,000 DISBURSED SINCE 2023 IN SUPPORT oF STARTUPS IN PENANG
Basic Qualification Criteria*
Detail qualification and application requirements is in the application deck
Your Commitments To Deliver
RM2,000 of own money for RM15,000 grant activation | Average MRR growth rate of 15% -20% during programme period.
Open to All Technology SAAS Startups & Tech-based Social Enterprise that are based in Penang
Application Period & Deadline:
15 Nov 2024 until 28 February 2025
Your company must be a Sdn Bhd and a registered entity with Digital Penang’s Startup Database and Community Member
How to Apply to the Programme
Download the following application deck. Submit them to us in the form below.
All commitments and assistance extended under the said Programme are subject to the availability of fund. Digital Penang reserves the right to discontinue or suspend the Programme, or change the content or format of the Programme, at any time without notice to anyone, and to require immediate cessation of any specific use of the Programme. In addition, we reserve the right in our sole discretion to suspend, terminate or restrict the public’s or participants’ access to the Programme at any time and for any reason. Digital Penang will not be held liable for any loss or damage suffered by any Parties participating or sponsoring this Programme