MDeC to replenish ICON 2 fund, give out grants
KUALA LUMPUR: Malaysian Multimedia Development Corp (MDeC) is replenishing the ICON 2 fund this year and is looking at giving out grants to deserving individuals.
Its chief executive Datuk Badlisham Ghazali said more than 200 recipients have received grants under this funding so far.
The fund can give out a minimum of RM25,000 and a maximum of RM250,000 per recipient.
"I can't tell you how much we have under this fund right now, but those with ideas and in need of funding are encouraged to apply," Badlisham said after witnessing a memorandum of understanding between GT Tower executive director Collin Ng and chairman of Mobile Monday Malaysia Janny Paul yesterday.
Badlisham said those with ideas of creating a mobile or online content via the Internet should apply for funding. He however, was mum when asked if the other grants under MDeC have been replenished too.
"We are looking at increasing our focus on new areas," he said, without elaborating further on what these new areas were.
He also said MDeC plans to garner more than RM1 billion in investments from all its MSC-status companies.
"Sixty per cent of the investments will come from the foreign sector while the rest are from domestic investments," he added.
On the MOU, he said Mobile Monday Malaysia and GTower became the world's first to sign a digital MOU on a tablet mobile device that replaced the conventional pen and paper.
With the MOU, GTower has agreed to play the role as the official venue host for Mobile Monday Malaysia monthly events at its rooftop bar, the VIEW. By June Ramlee
Source : New Straits Times
Date : 10 January 2012
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