SITEC is pleased to share that the Selangor Digital Creative Centre (SDCC) is now officially part of the Malaysia Digital Hub™ family!
The MDEC Malaysia Digital Hub™ is an initiative that supports tech and digital co-working spaces, their startups and communities with support from the government and a bigger opportunity to connect to ASEAN and the global digital ecosystem.
Having the Malaysia Digital Hub™ recognition means the Selangor Digital Creative Centre (SDCC) will be able to offer startups the opportunity for global expansions, ready access to high-speed broadband and fibre optic connectivity, funding and facilitation opportunities, workforce-ready ecosystem, technologically focused and a holistic convenience and lifestyle experience.
Businesses registered with a Malaysia Digital Hub space can enjoy the following incentives:
- Corporate tax exemptions for the tech startups
- Malaysia Tech Entrepreneurs Programme that issues passes for individuals who want to set up or expand their businesses into Malaysia
- Access to funding
- Coaching and mentorship
- Low cost of doing business
- High-speed broadband
- Stable business-friendly environment
- Freedom of ownership for foreign companies for investors
Source: Sitec News