Commercialization Of Research & Development Fund (CRDF)

INTRODUCTION

The Government has over the years invested heavily in R&D activities in an effort to strengthen the technological capability of the nation. These public sector investments coupled with the efforts undertaken by the private sector and individuals have accumulated a wealth of commercially viable R&D results. As an added impetus towards the commercialization of these R&D activities, the Government has established the Commercialization of Research and Development Fund (CRDF). CRDF provides partial grants to qualified R&D projects to be commercialized up to a maximum of 50% to 70% or RM2 million, whichever is lower for the following activities:

	Phase I: Market Survey and Research;
	Phase II: Product / Process Design and Development;
	Phase III: Standards and Regulatory Compliance and Intellectual Property Protection;
	Phase IV: Demonstration of Technology

Objectives

	To enhance competitiveness and capability of the Malaysian industrial sector by promoting the commercialization of indigenous technology and;
	To accelerate the commercialization of R&D results undertaken by local Universities and Research Institutions, companies and individual researchers or inventors.

FORM OF ASSISTANCE

PHASE I: MARKET SURVEY AND RESEARCH

Objective

The objective of this activity is to assist in evaluating the market potential of proposed product/process for commercialization.

Form of Funding

Partial grants up to a maximum of 50% or RM50,000 which ever is lower.

Duration

Duration of activity should not exceed 4 months.

Eligible Expenses

	Cost to engage an independent market survey company to conduct the market survey and research
	Cost of drafting commercialization strategy plan; and
	Cost to conduct patent search.

PHASE II: PRODUCT /PROCESS DESIGN AND DEVELOPMENT

Objective

To facilitate the design and physical development of prototypes into products/processes.

Form of Funding

	Partial grants up to a maximum of 50% or RM1,700,000 which ever is lower; and
	Purchase of core equipments, which is most important to the proposed project for an amount not exceeding 40% of the approved amount for Phase II.

Duration

Duration of activity should not exceed 12 months.

Eligible Expenses

	Acquisition of technology of completed R&D from local universities & research institutions;
	Development of prototypes including design & packaging for commercial applications; and
	Pilot plant or trial production runs.

PHASE III: STANDARDS AND REGULATION COMPLIANCE AND INTELLECTUAL PROPERTY PROTECTION

Objective

Enable products/processes to be successfully commercialized, by testing for their compliance with standards and regulations and intellectual property protection.

Form of Funding

Partial grants up to a maximum of 70% or RM200,000 which ever is lower.

Duration

Duration of activity should not exceed 4 months.

Eligible Expenses

	Cost of testing compliance with market standards and regulations.
	Initial cost in applying for intellectual property protection in Malaysia and in three major countries.

PHASE IV: DEMONSTRATIONS OF TECHNOLOGY

Objective

To provide exposure for indigenous technology to potential market, and to expedite technology roll-out by drawing interest from potential investors.

Form of Funding

Partial grants up to a maximum of 50% or RM50,000 which ever is lower.

Duration

Duration of activity should not exceed 4 months.

Eligible Expenses

	Field test;
	Technology preview/product launch; and
	Exhibitions - participation in relevant international level exhibitions.

ELIGIBILITY CRITERIA

	Company incorporated under the Companies Act 1965.
	At least 60% of the equity held by Malaysians.
	The proposed activity must be in the commercialization of tangible and manufacturability products.
	The proposed project must involve a technical collaboration with local universities or research institutions except for:
	Joint-venture company with local universities.
	Approved R&D company.
	Company which has an associate R&D Company.

HOW TO APPLY

Companies interested to apply for funding should contact MTDC at:

Government-Industry Technology Services (GITS),
Malaysian Technology Development Corporation,
Level 2 - 5 MIDF Building,

195A, Jalan Tun Razak,

50400 Kuala Lumpur.

Tel : 03-2161 2000
Fax : 03-2163 7549

Email: grant@mtdc.com.my

Web site: http://www.mtdc.com.my

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Commercialization Of Research & Development Fund (CRDF)

INTRODUCTION

Objectives

FORM OF ASSISTANCE

ELIGIBILITY CRITERIA

HOW TO APPLY

Kindly e-mail questions or comments about this web site directed to dominic@ict-m.com Copyright © 2003 Belmah Strategies (M) Sdn. Bhd. Last modified: 06/18/04

Kindly e-mail questions or comments about this web site directed to dominic@ict-m.com
Copyright © 2003 Belmah Strategies (M) Sdn. Bhd.
Last modified: 06/18/04