[EXCERPT FROM BUDGET 2015] Measure 12: Promoting - TopicsExpress

[EXCERPT FROM BUDGET 2015] Measure 12: Promoting Startups 100. The Government aspires to position Malaysia as a choice location for Startups in the region. Among the efforts is the establishment of MaGIC which aims to create a more conducive ecosystem to facilitate the Startups to commence operations. To attract more expatriate entrepreneurs establish Startups in Malaysia, the paid-up capital for Startups is set at RM75,000. Eligible expatriate Startup entrepreneurs will be given Work Pass for one year. MaGIC Accelerator program is a go! :D

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