Objective
To provide matching fund for R&D projects to develop new or improved products and/or processes and/or technologies.
Maximum funding : RM1.0 million to be disbursed within 2 years

Eligibility criteria
• BioNexus status companies
• The applicant must have ownership or benefi cial use, of any intellectual property necessary to commercialise the innovation
• The innovation has commercial potential
• The applicant's business must be located in Malaysia and within Malaysia's Biotechnology Focus Areas
• The company should have an appropriate research team led by a qualifi ed technical personnel

Purpose of funding
• The provision of sites or premises (including the acquisition of land), the construction and adaptation of buildings, and the provision of services and other works
• The provision of plants, machinery, equipment and materials
• The payment of fees or other remuneration to technical advisers consulted in connection with the project
• Salary and wages of contract researchers directly involved in the project
• The travel and subsistence expenses of persons engaged in the project or in identifying products or process development prospects within the industrial undertaking
• Overhead charges associated with the project concerned. Term loan and working capital

Application procedure
Application to be submitted to MBC

Contact
Malaysian Biotechnology Corporation (MBC)
Level 23, Menara Naluri
161 Jalan Ampang
50450 Kuala Lumpur