TECHNOLOGY INVESTMENT
MTDC-pitchIN Equity Crowdfunding
INTRODUCTION
MTDC-pitchIN Equity Crowdfunding (ECF) Programme is an equity crowdfunding programme aimed to facilitate fundraising for local technology-based companies through crowdsourcing. The programme will enable local technology-based companies to obtain capital through equity investment from a relatively large number of public investors, using an online platform.
Our ECF partner, pitchIN (Pitch Platforms Sdn Bhd), is a Recognised Market Operator by the Securities Commission of Malaysia who operates an Equity Crowdfunding platform for companies to raise their funding from the public.
BASIC ELIGIBILITY
- Incorporated in Malaysia
- Majority owned by Malaysian
- IP-backed technology
- Commercial ready prototype
- Qualified to launch fundraising campaign through crowdfunding platform (i.e. pitchIN)
Participation Amount
- Up to 30% of fund to be raised or maximum RM0.9m, whichever is lower, per campaign
Investment Tenure in Company
- 3 to 5 years
Investment Instruments
- Redeemable Convertible Preference Shares (RCPS)
Funding Stage
- Up to 30% of fund to be raised or maximum RM0.9m, whichever is lower, per campaign
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