National Technology & Innovation Sandbox Fund

DEVELOPMENTAL FUND

NATIONAL TECHNOLOGY &
INNOVATION SANDBOX FUND

INTRODUCTION

National Technology Innovation Sandbox (NTIS) is a national initiative which serves as a ‘safe place’ to allow innovators to test their products, services, business models and delivery mechanisms in a live environment with relaxations on all or specific processes and/or regulatory requirements. In support of the NTIS programme, MTDC offers the NTIS Fund which will finance relevant activities under the programme

BASIC ELIGIBILITY

Malaysian or Malaysian Owned Company
Has been successfully accepted into the National Technology and Innovation Sandbox

TYPES OF SCHEME

SINGLE SITE SANDBOX
- 100% funding (grant) of eligible costs or up to RM0.25m
- Sandbox activities at a single site only
- 6 months project duration
- For technology validation, market validation & regulatory compliance activities

MULTIPLE SITE SANDBOX
- 70% funding (grant) of eligible costs or up to RM0.5m
- Sandbox activities at multiple sites
- 6 months project duration
- For technology validation, market validation & regulatory compliance activities

COMMERCIALISATION SANDBOX
- 70% funding (grant + Convertible promissory note) of eligible costs or up to RM4.0m
- Commercialisation of validated technologies/products
- 18 months project duration
- For commercialisation activities

CORPORATE SANDBOX
- 1:1 Matching funding between MTDC and approved corporate partner
- For validation or commercialisation activities
- Duration depending on project requirements

SCOPE OF FUNDING

SANDBOX 1 & 2
Technology Licensing/Consultation Fees
Product registration/regulatory compliance costs
Cost of production for Sandbox Technology/Product
Outsourcing costs
IP-related costs, including novelty search, patent drafting & legal costs
Technology validation activities
Market validation activities
Operational expenditures

SANDBOX 1 & 2
- Technology Licensing/Consultation Fees
- Product registration/regulatory compliance costs
- Cost of production for Sandbox Technology/Product
- Outsourcing costs
- IP-related costs, including novelty search, patent drafting & legal costs
- Technology validation activities
- Market validation activities
- Operational expenditures

SANDBOX 3 & 4
- Purchase of machinery & equipment
- Technology Licensing/Consultation Fees
- Product registration/regulatory compliance costs
- Cost of production for Sandbox Technology/Product
- Outsourcing costs
- IP-related costs, including novelty search, patent drafting & legal costs
- Operational expenditures
- Advertising, Marketing & Promotional activities

*All costs described above are may be subject to capping/restrictions as determined by the Fund Approval Committeeittee