TECHNOLOGY INVESTMENT
AEROSPACE FUND
INTRODUCTION
Aerospace Fund is designed to provide funding to scale up the business of high growth technology-based aerospace manufacturing and MRO companies in the aerospace sectors. The fund is open to all high-growth technology-based companies with business activities in the aerospace manufacturing and MRO sectors.
The Aerospace Fund, coupling with both equity and interest subsidization, is the first of its kind in Malaysia and marks a significant milestone for venture capital investment in the aerospace sector. It will focus on the Aerospace Manufacturing and MRO. This represents a pioneering effort in securing more substantial future investments in this industry as envisage under NIMP2030, leveraging for a future funding under RMK13.
The Aerospace Fund will be a part of the Commercial Fund offered by MTDC and financing the small medium enterprises (“SMEs”) and mid-tier companies through equity.
The Aerospace Fund, coupling with both equity and interest subsidization, is the first of its kind in Malaysia and marks a significant milestone for venture capital investment in the aerospace sector. It will focus on the Aerospace Manufacturing and MRO. This represents a pioneering effort in securing more substantial future investments in this industry as envisage under NIMP2030, leveraging for a future funding under RMK13.
The Aerospace Fund will be a part of the Commercial Fund offered by MTDC and financing the small medium enterprises (“SMEs”) and mid-tier companies through equity.
BASIC ELIGIBILITY
- Incorporated in Malaysia
- Certification:
1. Aerospace IAQG: AS9100D
2. MRO: CAAM Part 145 - Investee company need to exhibit a minimum growth of 30% in human capital
ie. Technical skills during the Tenure - Malaysian equity ownership of at least 51%
- Maintain minimum PBT margin of 5% throughout the Tenure
Funding Quantum
- Maximum of up to RM10.0m per company
Funding Period
- 5 years
Funding Instrument
- Redeemable Convertible Preference Shares (RCPS)