The Malaysian government recently announced, in connection with its 2013 budget, that an intellectual property financing fund scheme will be set up with an allocation of RM200 million (US$65 million).
The Malaysian government recently announced, in connection with its 2013 budget, that an intellectual property financing fund scheme will be set up with an allocation of RM200 million (US$65 million). The scheme will offer project-based loans via Malaysia's venture capital fund company, Malaysia Debt Ventures Berhad (MDV).
The government will provide a 2 percent interest rate subsidy and a guarantee of 50 percent of the value of the IP through the Credit Guarantee Corporation Malaysia Berhad, with the remaining 50 percent borne by banks.
The government has also allocated RM19 million (US$6 million) for training programmes for local IP valuers.
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IP valuation, Malaysian government, MDV, IPCM, training programmes