|
|
|
|
Technology Acquisition Fund For Women (TAF-W)INTRODUCTIONThe Technology Acquisition Fund for Women (TAF-W) will allow greater financing access to finance women entrepreneurs. TAF-W provides partial grants to further promote efforts by women entrepreneurs to enhance their technology level and production processes. The objectives of TAF-W are :
FORM OF ASSISTANCE1. ACQUISITION OF TECHNOLOGYA. TECHNOLOGY LICENSINGObjectiveTo enhance the design and production of new and existing products and processes. The technology to be acquired should include design, blueprints, manufacturing know-how, training, technical support and proprietary equipment. Form of FundingPartial grant up to a maximum of 70% or RM 1 million whichever is lower. Approved ActivitiesProcurement of technologies through licensing by companies that are involved in promoted activities listed below:
Eligible ExpensesProcurement of technologies through licensing and to include the breakdown of the following:
Note: The cost of the equipment must not be more than 30% of the licensing cost. B. ACQUISITION OF PATENT RIGHTS, PROTOTYPES AND DESIGNObjectiveTo facilitate transfer of technology to enable the development of new processes and products. All acquisition must include manufacturing rights from technology provider for manufacturing purposes. Form of FundingPartial grant up to a maximum of 70% or RM 1million whichever is lower. Approved ActivitiesAcquisition of Patent Rights, Prototypes and Design by companies that are involved in promoted activities listed below:
Eligible Expenses
|
 |
Partial grant up to a maximum of 50% of the total cost or RM30,000, whichever is lower for each person; and |
| Maximum of 3 persons eligible for funding per project. |
Duration of placement should not exceed 3 months.
|
Cost of airfare; |
|
Accommodation; and |
| Daily allowance. |
To assist companies to engage foreign technical experts and consultants in upgrading their products and processes.
Partial grant up to a maximum of 50% of the total cost or RM30,000 whichever is lower.
|
Cost of airfare; |
|
Local accommodation; and |
| Professional fees. |
For relocation of business operations to Technology Parks, Incubation Centres or the Multimedia Super Coridor.
Partial grant up to a maximum of 50% of the total rental for the first two years.
Duration of activity should not exceed 2 years.
Rental only.
|
Company incorporated under the Companies Act 1965. |
|
Company involved in the manufacturing activities and manufacturing related services. |
|
At least 60% of the equity must be held by Malaysians, of which not more than 25% held by large companies. |
|
Public listed companies or their subsidiaries are not eligible to apply. |
| For a 60% Malaysian owned company: |
|
A minimum of 51% of the local equity must be held by a woman/women and the company is run and managed by a woman; or |
| The MD/CEO must be a woman and she must hold a minimum equity of 10% in the company. |
| For a 100% owned Malaysian company: |
|
A minimum of 51% of the equity must be held by a woman/women; or |
| In the case where the majority equity is not held by a woman/women; |
 |
The largest single shareholder must be a woman and the company is run and managed by a woman; or |
| The MD/CEO is a woman and has a minimum equity of 10% in the company. |
Companies interested to apply for funding should contact MTDC at:
Government-Industry Technology Services (GITS),
Kindly e-mail questions or comments about this web site directed to
dominic@ict-m.com
|
