Malaysian Technology Development Corporation (MTDC)

Commercialisation of R&D Fund (CRDF)

The Government has been investing significantly in research and development (R&D) activities in an effort to strengthen the technological capability and capacity of the nation. Under the 9th Malaysia Plan (9MP), the Government is giving priority to market-oriented. R&D and increasing the rate of commercialisation. In tandem with the 9MP, the Commercialisation of R&D Fund (CRDF) has been redesigned to provide financial assistance to universities/research institutions and eligible Malaysian companies to undertake full commercialisation.

Note: Under CRDF, commercialisation refers to a process by which the results of research projects are converted to marketable products and commercially produced.

OBJECTIVES
The objectives of CRDF are as follows:

• to leverage on science, technology and innovation (STI) for national development;
• to increase the commercialisation of STI products and processes developed by local universities/research institutions/companies;
• to increase wealth creation and technology content of SMEs/Large Corporation via commercialisation of R&D done by local universities/research institutions/companies; and
• to foster greater collaboration between universities/research institutions and industry.

PRIORITY TECHNOLOGY CLUSTERS

Project proposals eligible for consideration must be listed in the following Priority Technology Clusters:

• biotechnology;
• agriculture;
• ICT; and
• industrial (Advanced Materials, Advanced Manufacturing, Nanotechnology, Alternative Energy, Waste to wealth).

CRDF CATEGORY

• CRDF for Universities/Research Institutions; and
• CRDF for SME/Large Corporation/Public Listed Company.

ELIGIBLE ACTIVITIES UNDER CRDF
CRDF for Universities/Research Institutions :

• CRDF 1

Feasibility Study on public sector R&D results for university/research institution's commercialisation office.

• CRDF 2

Commercialisation of public sector R&D results via university/research institution's spinoff company.
CRDF for SME/Large Corporation/Public Listed Company

• CRDF 3

Commercialisation of public sector R&D results undertaken by SME via Start-up Company

• CRDF 4

CRDF 4 comprises 3 sub-categories:-

• CRDF 4(a)
  Commercial Production of Any Locally Generated R&D Results by SME;
• CRDF 4(b)
  Commercial Production of Public Sector R&D Results by Large Corporation; and
• CRDF 4(c)
  Commercial Production of Public Sector R&D Results by Public Listed Company.

CRDF AGREEMENT
A CRDF Agreement will be signed between MTDC (on behalf of the government) and grant recipient detailing the terms and conditions of the funding.

ELIGIBLE EXPENSES

• Cost of technology acquisition; and
• Training

DISBURSEMENT OF GRANT
Disbursement of grant will be made in accordance with the following:

• approved grant will be disbursed either on a matching or reimbursement basis according to the claims submitted by the grant recipient; and
• approved grant will be disbursed in stages in accordance to Schedule 2 of the Grant Agreement and subject to the satisfactory progress of the project in terms of deliverables and milestones reached.

ENQUIRY

For further information please contact:

Malaysian Technology Development Corporation (MTDC)
Level 3-4, MIDF Building , 195A, Jalan Tun Razak,
50400 Kuala Lumpur, Malaysia
Tel: 603-2161 2000
Fax: 603-2163 7549
E-mail: grant@mtdc.com.my
Website: www.mtdc.com.my