K-KOMM launches Digital Content Grant (DCG) for 2022

The Ministry of Communications and Multimedia Malaysia (K-KOMM) through the Malaysia Digital Economy Corporation (MDEC), Malaysia’s lead digital economy agency, welcomes new applications for the Digital Content Grant (DCG) for 2022. 

The DCG was introduced in 2016 and is aimed at assisting Malaysian digital content creators to develop new content or market existing content in animation, interactive media, and digital games, among others. 

Digital creative content companies with a minimum paid up capital of RM20,000 are welcomed to apply for the DCG. Companies can apply for either a grant worth up to RM300,000 for development cost or up to RM500,000 for Intellectual Property (IP) Marketing and Licensing cost. 

The DCG is among the first of a series of grants that are tailored for the digital creative content industry for 2022. 

This is a high-growth industry and a key focus area under MyDIGITAL and K-KOMM is committed to ensuring the industry receives the support it needs to remain competitive. 

“I am aware of the challenging business landscape, especially towards startups 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,” says Tan Sri Datuk Seri Panglima TPr Annuar Haji Musa (pictured), Minister, Ministry Of Communications And Multimedia Malaysia (K-Komm).

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.  

Among the creative content developed from the initiative include Didi & Friends by DD Animation Sdn Bhd, Ejen Ali the Movie by Wau Animation Sdn Bhd, and Astrology the animation by Lemon Sky Animation Sdn Bhd. 

Meanwhile, Ejen Ali the Movie clinched the record as the highest grossing local animated film with a box office collection of RM35 million. 

“I hope that the companies receiving the DCG grant will create history and achieve greater heights as K-KOMM through MDEC is committed to provide various assistance to further develop the digital content development ecosystem of the nation,” adds Tan Sri Datuk Seri Panglima TPr Annuar Haji Musa.

Registration for the DCG grant is now open until 30 April 2022 and interested companies can visit https://mdec.my/DCG for further information.

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