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CRDF 2

CRDF 2

CRDF 2 is a partial grant for the commercialisation of any local R&D by local SME;

 

Note:

*SME definition as per Guideline on New SME Definition 2013 by SME Corp. Malaysia

 a) ‘SME’ is defined as below:-

  • For the manufacturing sector, SMEs are defined as firms with sales turnover not exceeding RM50 million OR number of full-time employees not exceeding 200.
  • For the services and other sectors, SMEs are defined as firms with sales turnover not exceeding RM20 million OR number of full-time employees not exceeding 75.b) Public Listed associated companies will be categorised in accordance to the structure of its shareholders; and

 

Basic Eligibility Criteria for CRDF 2

  • The company is incorporated under the Companies Act 1965;
  • The company must be at least 51% Malaysian-owned;
  • The company qualifies as an SME according to the guidelines on new SME definition 2013 by SME Corp. Malaysia;
  • 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 (Partial Grant)

CRDF 2 provides funding in the form of partial grants with a maximum of RM4,000,000 or 70% of the eligible expenses (whichever is lower).

 

Eligible expenses

a)  Equipment

Cost of the purchase of equipment for Production and Quality Control

Quantum of funding: Up to 70% of equipment costs

b)  Technology

Cost of technology/consultation/training

c)   Administration and Overheads

Cost of allowance for technical personnel (if applicable)

Cost of office rental at any MTDC Technology Centre

d)  Production

Cost of core raw materials

Cost of production outsourcing

e) Advertising, Marketing & Promotion

Cost of brochures, exhibition and advertisement

Cost of website design and development

Cost of product launching

f) Intellectual property and standards compliance

Cost of certification and standards compliance

Cost of IP registration and protection

Cost of product registration

g) Value added services

Financial, marketing, business and technical advisory services from MTDC’s Advisory and Value Added Services division.

 

Payback

From 12.5% to 20.0% of the total approved amount excluding AVAS fees

Zero interest payment to start from the third year on instalment basis for a period of not more than 24 months

 

Project duration

4 years (2 years Implementation and 2 years Payback period)

 

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