KUALA LUMPUR: The Multimedia Development Corp (MDeC) will collectively grant RM570,000 to the winners of its 8th MSC Malaysia Intellectual Property Creators Challenge Series (IPCC), running from August 1 to September 30.

MSC Malaysia IPCC 2014 is a platform targeted to boost the number of locally created intellectual properties by funding multimedia companies and individuals with creative talent to take their ideas to the next level.

It allows both amateurs and professionals from the creative multimedia industry to pitch their creative content ideas and stand a chance to receive funding for winning ideas.

Themed “I Love Comedy”, the competition maintains three categories; animation, casual games and digital interactive comic but the amount of grants allocated for the winning ideas and the number of projects that will be funded have been revised for this year.

This year, the animation and casual games categories will receive an increase of RM10,000 in grant amount each, from RM50,000 in 2013 to RM60,000 this year, while the projects funded under these categories are reduced to seven from 10 projects in 2013.

In the digital interactive comics category, the grant amount will remain at RM25,000, while the number of projects to be funded has increased to six, from five in the previous year.

MDeC Creative Multimedia Cluster vice-president Kamil Othman said: “The vast economic potential of the creative multimedia industry allows for the sector to be a significant contributor to MSC Malaysia’s revenue, with RM6.39 billion contributed in 2013. 

“Our focus is developing the sector into becoming one of the growth engines for the country, by targeting the core, both the budding digital content producers as well as established creative multimedia content creators, through platforms such as the IPCC will allow us to unearth and enhance the capabilities of local talents.”

IPCC 2014 will be organising a series of workshops and talks from international and local industry experts to assist participants in the development and monetisation of their projects.