A social lending programme that aims to facilitate local technology-based companies to obtain financing directly from the mass public; either individual or organisation via crowdfunding platform.
The programme will enable companies to obtain capital through peer-to-peer (P2P) lending from a relatively large number of investors, using an online platform.
The programme will support eligible companies that want to raise fund through P2P platform, in a form of investment note. With MTDC participation as Investor in the P2P campaign by the eligible local technology-based company (Issuer), this would encourage many other investors to support and participate in the fundraising campaign to assist technology commercialisation and business expansion of local tech company.