Summary
  • RM450 million investment for startup development.
  • RM2.1 billion available to strengthen mid-tier companies.
  • Tax incentives for qualifying startup investors extended until 2030.

KUALA LUMPUR, October 10 — Malaysia will strengthen its startup ecosystem through RM450 million in investments from Khazanah Nasional’s Jelawang Capital and KWAP’s Dana Perintis under Budget 2027.

Prime Minister Anwar Ibrahim said the initiative aims to help emerging companies progress from early-stage ideas to commercial growth and business expansion.

Another RM2.1 billion will be available through the NIMP Fund, KWAP’s Dana Pemacu and Khazanah’s MTC Fund to strengthen mid-tier companies in electronics, digital technology, aerospace and medical devices.

The government will also provide RM270 million to support financing through equity crowdfunding and peer-to-peer platforms.

Meanwhile, income tax exemptions for qualifying individual equity crowdfunding investors and angel investors supporting early-stage technology startups will be extended until December 31, 2030.