CRDF 3 is divided into 2 categories for the respective sectors as shown below:-
1. CRDF 3(a) is a grant for the commercialisation of any local R&D by SME; and
2. CRDF 3(b) is a grant for the commercialisation of public sector R&D by a non-SME.
Note:
a) ‘SME' is defined as company with less thanRM25 million annual turnover or having less than150 employee;
b) ‘Large company' is defined as company with more than RM25 million annual turnover and engaging more than 150 employee;
c) Public Listed's associated companies will be categorised in accordance to the structure of its shareholders; and
d) State agency's associated companies will be categorised in accordance to the structure of its shareholders.
Basic Eligibility Criteria for CRDF 3(a)
- The company is incorporated under the Companies Act 1965;
- The company must be at least 51% owned by Malaysian;
- The company has less than RM25 million annual turnover or having less than150 employee;
- 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.
Basic Eligibility Criteria for CRDF 3(b)
- The company is incorporated under the Companies Act 1965;
- The company must be at least 51% owned by Malaysian;
- The company has more than RM25 million annual turnover and having more than150 employee;
- 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.
Funding Quantum (Partial Grant)
- CRDF 3(a) provides funding in the form of partial grants with a maximum of RM4,000,000 or 70% of the eligible expenses (whichever is lower); and
- CRDF 3(b) provides funding in the form of partial grants with a maximum of RM4,000,000 or 50% of the eligible expenses (whichever is lower)
Eligible expenses
a) Equipments
- Cost of the purchase of equipments for Quality Control and Production
b) Technology
- Cost of technology/ consultation/ training
c) Advertisement and promotion
- Cost of advertisement and promotion
d) Services
- Cost of IP registration and protection
- Cost of product testing and standards
- Cost of registration of certification
Project duration
- 2 years (Implementation and Monitoring)