Through the Technology Development Programme established since the 7th Malaysia Plan, the Government had entrusted MTDC with the management of two grants. These grants provide support to local companies, helping them to enhance technology content, increase capacity, capability and competitiveness:
Technology Acquisition Fund (TAF)
This Fund was established to facilitate the acquisition of strategic, proven foreign technology for immediate implementation into existing business. The Fund provides the right support to Malaysian companies, enabling them to enhance their technology level and production processes through the acquisition of new technologies.
Commercialisation of R&D Fund (CRDF)
The CRDF provides added stimuli for the right innovation among Malaysian-owned companies, by providing partial grants to qualified R&D projects. These grants will enable full commercialization of home-grown R&D, developed by local universities/ research institutions or the private sector.