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CRDF 1

CRDF is for the funding of commercialisation activities of locally developed technologies undertaken by Malaysian-owned companies.  The technologies can be those developed by the public sector or an output of in-house research and development (R&D) activities by the companies.

 

CRDF 1

CRDF 1 is a partial grant for the commercialisation of any local R&D output by local SME.                        CRDF 1 is designed to provide funding to SME company to undertake technology and market validation of the R&D output prior to full scale commercialisation.

 

Target Group

  • Local SME

 

Basic Eligibility Criteria

  • Company incorporated under the Companies Act 1965 or Limited Liability Partnership incorporated under Limited Liability Act 2012;
  • The company must be at least 51% Malaysian-owned;
  • The proposed technology to be commercialised must be from one of the Priority Technology Clusters identified by MOSTI; and
  • The R&D must have been completed successfully and a commercial-ready prototype is available.


Funding Quantum

  • CRDF 1 provides funding in the form of partial grants with a maximum of RM500,000 or 70% of the eligible expenses (whichever is lower).

 

Eligible expenses

a) Technology

  • Cost of consultation

 b) Administration and Overheads

  • Cost of management allowance
  • Cost of office rental at any MTDC technology centre
  • Cost of utilities (telephone, broadband, electricity and water)

c) Intellectual property and standards compliance

  • Product testing to standards compliance only

d)  Cost of Production

  • Cost of core raw materials
  • Cost of packaging material
  • Cost of production outsourcing
  • Cost of product design
  • Cost of packaging design

e) Advertising, Marketing & Promotion

  • Cost for brochures, exhibitions and advertisements
  • Cost of website design and development

f) Value added services

  • Business, financial, marketing and technical advisory services from MTDC Advisory and Value Added Services Division.

g) Others

  • Cost of office set-up (i.e computer and printer)

 

Project duration

  • Six (6) to twelve (12) months

 

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