· Tech funding agencies under MOSTI committed to playing a substantial role in easing financial burden of technology companies
· MDV to offer moratorium on loan repayment for technologies companies affected to support the companies through tough times and help bridge their cash flow gap
· Government would likely introduce other economic stimulus in stages depending on the urgent needs and requirements of businesses and the Rakyat
KUALA LUMPUR, March 31 (Bernama) — Malaysia Debt Ventures Berhad (MDV) yesterday jointly organised a web-based seminar (webinar) for startups with the Ministry of Science, Technology & Innovation (MOSTI), Cradle Fund Sdn. Bhd. (Cradle) and Malaysia Venture Capital Management Berhad (MAVCAP) on the topic Building Resilience In The Tech Sector.
Minister of Science, Technology & Innovation, Yang Berhormat Khairy Jamaluddin, acted as moderator for the panel session together with Nizam Mohamed Nadzri, Chief Executive Officer (CEO) of MDV; Razif Abdul Aziz, Acting Group CEO of Cradle; and Shahril Anas Hasan Aziz, Acting CEO of MAVCAP; as the panel speakers. The webinar was hosted via Zoom with participation by 80 representatives from various tech-based Small Medium Enterprises (SMEs) and startups; and it was also streamed via Facebook live.
http://mrem.bernama.com/viewsm.php?idm=37066
