More Funding Options for Startups

YB Khairy Jamaluddin, Minister, Science, Technology and Innovation

20-May-20 07:15

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Under the shadow of Covid-19, many startups are finding it hard to cope as movement restrictions curtail business and keep Malaysians at home. To that end, the Ministry of Finance has allocated a sum of RM100 million to fund the Technology Startup Funding Relief Facility (T.S.F.R.F.), formed to assist technology startups affected by the pandemic. Here to allay some concerns, including over vetting and loan recovery, is Khairy Jamaluddin, Minister of Science, Technology and Information.

Produced by: Arleen Webber

Presented by: Lyn Mak, Wong Shou Ning

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Categories: Politics, Law and Legal Matters, Technology, Medical Innovation and Technology, Tech, Business Analysis, Trends and Forecasts, Markets, Social Issues, Investments

Tags: Technology Startup Funding Relief Facility, TSFRF, MOSTI, technology startups, loan, SMEs, MCO, CMCO,

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