CRDF is for the funding of commercialisation activities of locally developed technologies undertaken by Malaysian owned company. The technologies can be those developed by the public sector or they can also be the output of in-house research and development (R&D) activities by the companies.
CRDF 1 is a grant for the commercialisation of R&D output from public and private University (PPU) / Government Research Institute (GRI) by a Spin-Off company ("Syarikat Terbitan University, STU").
A spin off company is defined as a company with local Public and Private University/Government Research Institution ownership.
Under this fund, the STU is required to operate their business from any recognised Technology Centers locally. The company is also required to focus their commercialisation activities on business development while producing their product via out-sourcing mode.
- Spin-off companies from PPU/GRI
Basic Eligibility Criteria
- Spin-off company incorporated under the Companies Act 1965;
- The company must be at least 51% owned by Malaysian;
- The proposed technology to be commercialised must be from one of the Priority Technology Clusters identified by MOSTI excluding ICT;
- The R&D must have been completed successfully and commercial-ready prototype is available; and
- The proposed project must be tangible in nature.
- CRDF 1 provides funding in the form of partial grants with a maximum of RM500,000 or 90% of the eligible expenses (whichever is lower)
- Cost of the purchase of equipments for Quality Control and Production
- Cost of maintenance of equipments
- Cost of technology/ consultation/ training
c) Administration and Overhead
- Cost of allowance for management and technical personnel
- Cost of rental at technology centre
- Cost of utilities
- Cost of core raw materials
- Cost of advertisement and promotion
- Cost of certification and standard
- Cost of IP registration and protection
- Cost of production out-sourcing
- 2 years (Implementation and Monitoring)