More Funding Options for Startups

Under the shadow of Covid-19, many startups are finding it hard to cope as movement restrictions curtail business and keep Malaysians at home. To that end, the Ministry of Finance has allocated a sum of RM100 million to fund the Technology Startup Funding Relief Facility (T.S.F.R.F.), formed to assist technology startups affected by the pandemic. Here to allay some concerns, including over vetting and loan recovery, is Khairy Jamaluddin, Minister of Science, Technology and Information.