MINISTRY OF SCIENCE, TECHNOLOGY & ENVIROMENT (MOSTI)
Techno-Fund
Techno-Fund aims to:
| • | stimulate the growth and successful innovation of Malaysian medium and large enterprises by increasing the level of R&D and its commercialisation; |
| • | increase capability and capacity of Malaysian Government Research Institutes (GRI) and Institutions of Higher Learning (IHL) to undertake market driven R&D and to commercialise the R&D findings through spin-offs/licensing; |
| • | enhance global competitiveness and R&D culture among Malaysian medium and large enterprises; |
| • | increase contribution to Malaysia 's GDP through economic wealth creation and exports; and |
| • | foster greater collaboration between Malaysian enterprises and GRI/IHL. |
Types of Techno-fund
There are two types of funding:
Applicants can apply for a combination of Types A and B or Type A only.
| • | Type A - Pre-Commercialisation; and |
| • | Type B - IP Acquisition. |
Note: IGS, DAGS, IRPA-EAR, IRPA-PR and IRPA-SR funded projects are not eligible for Type B.
MGS, CRDF and TAF funded projects are not eligible for any Type including MSC Status companies.
TYPE A: Pre-Commercialisation
Pre-commercialisation activities comprise development of commercial ready prototypes/ pilot plants/clinical trials/upscaling for demonstration and testing purposes but not commercial exploitation.
TYPE B: Intellectual Property (IP) Acquisition
Type B comprises acquisition of IP (academic/laboratory scale prototype) from overseas or local sources for further development up to pre-commercialisation stage.
Target Group
| • | Medium and Large Malaysian Companies (minimum 51% equity held by Malaysian) including Government Linked Companies (GLC) and Public Listed Companies (PLC); and |
| • | Malaysian GRI and IHL. |
(Note: A medium or large Malaysian company is defined as a business entity with an annual sales turnover of more than RM10 million or more than 50 full-time employees)
Collaboration
| • | Industry applicants are encouraged to collaborate with one or more GRI/IHL(public or private); and |
| • | GRI/IHL must identify industry partner(s) to undertake joint collaboration. In the collaboration, industry partner(s) should jointly contribute financial or non-financial resources to the project. |
Technology Clusters
Project proposals eligible for consideration must fall under any of the technology clusters listed below:
� Agriculture Cluster;
� Biotechnology Cluster;
� Information and Communication Technology (ICT) Cluster;
� Industry.
Approval Criteria
Approval of application takes into consideration the following criteria:
| • | applicants must submit project proposals in the technology clusters listed above leading to commercialisation of new, cutting edge and breakthrough technologies; |
| • | applicants must belong to any of the target groups listed above; |
| • | project teams should consist of appropriate mix of suitable and qualified members in technical and commercialization aspects; |
| • | applicants must show proof of financial capability to finance the project portion not funded by the Techno-Fund; |
| • | project proposals must lead to outputs that are technically and commercially viable within the stated technology clusters; |
| • | project proposals must show evidence that the project outcome has direct economic benefit to Malaysia and enhancement of Malaysia 's competitiveness; |
| • | for Type B: IP Acquisition funding, applicants must additionally show that their prospective IP is an outright purchase (IP licensing is not allowed) that requires further development; and |
| • | applicants must fulfill other conditions stipulated under the guidelines and policies of the TechnoFund. |
Location of Proposed Project
Approved proposals under Techno-Fund must be undertaken in Malaysia or overseas (if justified)
Funding Quantum
The quantum of funding and percentage of funding support under TechnoFund will be determined on the merit of each application.
Scop Of Funding
The eligible expenditure are:
Type Scope of Funding
Type A: Pre-Commercialisation:
� Pilot plant set up/commercial ready prototype development/clinical trial;
� IP preparation and registration excluding maintenance of IP;
� Market testing of commercial ready prototypes (participation in trade fairs and exhibitions);
� Regulatory and standard compliance;
� Product documentation;
� Equipment and materials for pre-commercialisation;*
� Contract expenditure; and
� Expenditure for services (market survey, consultancy and testing).
Type B: IP Acquisition
� Acquisition of IP; and
� Training (technology transfer).
*Not more than 40% of total project cost.
FOR MORE INFORMATION, PLEASE CONTACT:
Technology Development Unit,
Ministry of Science, Technology and Innovations (MOSTI)
Aras 1 - 7, Blok C5,
Pusat Pentadbiran Kerajaan Persekutuan,
62662 Putrajaya , Malaysia
Tel: 603 - 8885 8810 / 8163 (Helpdesk)
Fax: 603 - 8888 4284
E-mail: technofund@mosti.gov.my
Web Site: http://www.mosti.gov.my
