KUALA LUMPUR: Through Malaysia Digital Economy Corporation (MDEC), the Ministry of Communications and Multimedia Malaysia (K-KOM) welcomes new applications for the 2022 Digital Content Grant (DCG).
Introduced in 2016, DCG aims to assist Malaysian digital content creators to create content in animation, interactive media, digital games, etc.
Digital creative content companies with a minimum paid-up capital of RM20,000 can apply for DCG for either a grant worth RM300,000 or a development cost of RM500,000 for Intellectual Property (IP) Marketing and Licensing cost.
Communications and Multimedia Minister Tan Sri Annuar Musa said he is aware of the challenging business landscape, especially towards start-ups and SMEs affected by the pandemic.
"Hence, I am confident the DCG initiative will provide the necessary thrust for businesses to remain strong and resilient in the local and global market," he said.
"Since 2016, MDEC has approved 55 projects worth over RM34.5 million to help digital creative content companies fund ideas at the development stage to make it investment and 'green-lit' friendly," he added.
Other creative contents developed from the initiative are Didi & Friends by DD Animation Sdn Bhd, Ejen Ali the Movie by Wau Animation Sdn Bhd with a box office collection of RM35 million, and Astrology the animation by Lemon Sky Animation Sdn Bhd.
"I hope that the companies receiving the DCG grant will create history and achieve greater heights as K-KOMM through MDEC is committed to providing various assistance to further develop the digital content development ecosystem of the nation," said Annuar.