BSF Application Checklist

APPLICATION CHECKLIST

Name of Company : _____________________________________________________________________


Project Title:___________________________________________________________________________

Listed below are all of the information/documents/forms that need to be included in the application package. Please use this checklist to confirm that the application fulfils the basic eligibility criteria and is complete. Incomplete application will not be processed and will be returned.
A. BASIC ELIGIBILITY CRITERIA:-

 

 

Company
Use

MTDC
Use

Tick ✓ where applicable

 

1.

Company Incorporated Under the Companies Act 1965

 

 

2.

Individual Malaysian Equity (not less than 70%)

 

 

B. TECHNOLOGY STATUS

1.

R&D has been completed successfully

 

 

2.

Commercialisation-ready prototype is available

 

 

3.

Proposed Technology is from one of Priority Technology Clusters

 

 

4.

The proposed products is tangible in nature

 

 

 

 

 

 

C. DOCUMENTS

1.

Signed BSF Application Form (Download)

 

 

2.

Business Plan (Softcopy & Hardcopy)

 

 

3.

Financial Statement (Certified True Copy by Company Secretary)

 

 

 

(a) Last Three (3) Years Audited Account

 

 

 

(b) Latest Management Account - If applicable

 

 

4.

Financial Projection (Hard copy & Softcopy)

(a) Cashflow projection for 8 years and monthly projection for the first 24 months.

 

 

(b) Profit & Loss and Balance Sheet Projection (8 years)

 

 

(c) IRR and ROI

 

 

(d) Proposed project milestone and disbursement amount.

 

 

5.

CV of Shareholders

 

 

6.

CV of Directors

 

 

7.

CV Management Team

 

 

8.

CV of Technical Team

 

 

9.

Itemised Costing on the Proposal Project (With details project cost)

 

 

10.

Quotations(Mandatory and must Certified True Copy)

 

 

 

- On all costs applied
- 3 quotation for core items such as machines/equipments above RM100,000 per item

 

 

 

11.

Supporting Documents (Certified True Copy by Company Secretary)

 

 

 

a) Form 9   Memorandum and Articles of Association

 

 

 

b) Form 11 Notice of Resolution - if applicable

 

 

 

c) Form 24 Return of Allotment of Shares - Shareholders

 

 

 

d) Form 44 Registered Address

 

 

 

e) Form 49 Particulars of Directors

 

 

 

f) Manufacturing License from MITI (if applicable)

 

 

 

g) Pioneer Status from MIDA (if applicable)

 

 

 

h) Business License from the relevant Authorities

 

 

 

i) Original Copy of Company Profile from Companies Commission of Malaysia (CCM)

 

 

 

j) Certified True Copy of all the Supporting Documents

 

 

k) Latest 3 months bank statements.

 

 

l)  IP Registration (If applicable)

 

 

m) Licensing Agreement (If applicable)

 

 

n)  Product testing & certification

 

 

 12

Statutory Declaration

 

 

     
     
Prepared by : _______________________________________________
     
Designation : _______________________________________________
     
Company Stamp : _______________________________________________
 
     
Office Use  
     
Checked by : _______________________________________________
     
Date : _______________________________________________
     

     
     
     
     
     
     
     
Scroll To Top