Multimedia Super Corridor Research & Development Grant Scheme (MGS)

INTRODUCTION

Malaysia’s Multimedia Super Corridor (MSC) offers an extremely competitive package of financial incentives to MSC-Status companies. An essential component of this incentive package called MGS, is the availability of R&D grants to qualifying companies.

The scheme is designed to help local companies or joint ventures developing relevant multimedia technologies and applications which would contribute to the overall development of MSC.

The Multimedia Super Corridor Research and Development Grant Scheme (MGS) is designed to help innovate local companies or joint ventures developing relevant multimedia technologies and applications which would contribute to the overall development of MSC.

Goals of MGS

The goals of this scheme are:

	To encourage research and development in multimedia products and services, as well as their innovative use in the MSC.
	To stimulate R&D collaboration between international companies with leading-edge technology and local companies, especially SMEs. The ultimate aim is for these joint ventures to become competitive world-class companies.
	To support the development of Malaysian knowledge workers and improvements in productivity.
	To commercialise research and development results.

FORM OF ASSISTANCE

	Funding
	The MGS will provide a grant of up to 70% of the total project cost. The amount of the grant approved will be determined by the merits of each case.
	Repayment is not required.
	Disbursement Guideline
	Each project is funded for up to 2 years.
	Funding is only for project-related costs.
	An advance will be considered for initial set-up costs, including capital expenditure.
	Payments will be on a reimbursable basis.
	Disbursements are given on a quarterly basis upon receipt of the project progress report and certified statement of accounts.
	In situations where the project funding period needs to be extended, notification and justification has to be submitted 6 months prior to the end of the project.

ELIGIBILITY CRITERIA

	MSC-Status Company – the applicant must already have MSC status accreditation.
	Ownership – the applicant must be at least 51 percent Malaysian-owned.

Project Selection Criteria

	R&D projects that are aligned with the MSC goals
	Potential impact on the success of the MSC
	Linkages to local research institutes and leading companies
	Involvement of Malaysian knowledge workers in the R&D core team
	Growth impact on SMEs
	Potential contribution to the Malaysian economy
	Applicant’s institutional merits
	Top management’s commitment
	Company’s R&D track record
	Credentials of project leader and research team
	Company’s R&D portfolio
	Commercialisation potential
	Commercialisation of products
	Projected revenues based on research activites
	Demand for the potential R&D output, the market size and growth
	Feasibility of commercialisation plan (e.g. project duration)
	Appropriateness of the business plan
	Technical merits
	Scientific merits of research objectives
	Credibility of technological benefits
	Technical methodology
	Novelty, innovation, leading-edge technology
	Appropriateness of risk assessment
	Feasibility of research plan
	Financial Plan
	Integrity of cost estimates
	Cost effectiveness of approach
	Appropriateness of grant amount sought
	Financial management capabilities and resources

HOW TO APPLY

Applicants are requested to use the MGS Application Template in submitting their applications.

All information specified in the MGS Application Template must be completed.

Applicants are required to submit the following to the MGS Unit at MDC:

	7 hard copies and one soft copy of the MGS application
	7 copies of the company's most recent annual report and audited financial statement.

All applications submitted must follow the Application Template format, printed, completed and directed to:

Multimedia Development Corporation Sdn Bhd (389346-D)

MGS Unit, MSC Headquarters

63000 Cyberjaya

Selangor Darul Ehsan

Tel : 03-8318 8477

Fax : 03-8318 8786

Email : mgs@mdc.com.my

Website : http://www.mdc.com.my

As of 30th August 2002

Company Name	Project Title	Approved Amount
VMS TECHNOLOGY SDN BHD	Total Enterprise Communication System (TECS)	RM3,269,000
VMS TECHNOLOGY SDN BHD	Distributed TECS	RM3,500,000
ASIA PACIFIC INSTITUTE INFORMATION TECHNOLOGY (APIIT)	Realistic Talking Head Models	RM1,098,600
PDX INFOWORLD SDN BHD	TIME (Transaction Information Management Engine)	RM2,658,200
ARTICULATE ONLINE SDN BHD	Play TV	RM2,325,400
AIRSTAR (M) SDN BHD	Wireless ATM Point-to-Point System	RM2,303,000
TOPF MSC SDN BHD	IP-PABX System	RM2,017,000
PUC FOUNDER (MSC) BERHAD	FingerTec	RM854,400
VALUES FIRST CONSULTING SDN BHD	OBJECTTOOL	RM751,100
WILLOWGLEN MSC BERHAD	SCADA	RM2,873,435
PINTAR MEDIA SDN BHD	VirtuaLab Tools And Engine	RM2,174,230
INFORTECH MSC SDN BHD	Biz-Engine and E-Biz	RM3,089,061
GAMEBRAINS SDN BHD	Techtics	RM3,203,458
MMM TECHNOLOGY SDN BHD	Internet-based Intra-Building Resource Locating System (RLS)	RM3,201,489
GLOBETRONIC MULTIMEDIA TECHNOLOGY SDN BHD	Ebiz-OS	RM1,024,224
DECIMAL POINT SDN BHD	Decimal Movie Rides (DMR)	RM872,292
JURUDATA SERVICES SDN BHD	Internet Multimedia Call Center	RM1,409,306
RESSCOM MSC SDN BHD	Integrated Network Management System	RM2,462,187
PHOTRONIX SDN BHD	Optical Fiber Amplifier for the Metropolitan	RM3,094,982
ELECTRIC ANGELS MSC SDN BHD	eMadeEasy	RM2,295,964
VQ INTERACTIVE SDN BHD	Botizen	RM642,576
MULTIMEDIA RESEARCH LAB SDN BHD	Multimedia Conferencing System (MCS) version 5 and supporting components	RM786,233
FSBM INTERNEXIA SDN BHD	Language Learning Online: Knowledge, Learning and Assessment Support System (KLASS)	RM2,170,095
SIRES LABS SDN BHD	Broadband Optical Communication Transceiver Chipset	RM2,240,000
INGENUITY MICROSYSTEMS SDN BHD	Predictive CRM with financial protocol	RM2,476,245
THE MEDIA SHOPPE	KACANG: Application Development Framework	RM1,940,484

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