Objective

Provide financial assistance to viable Small & Medium Enterprise (SMEs) to assist them in resolving their existing non-performing loans (NPLs).

Eligibility

• Bumiputra SMEs with total NPLs outstanding of not more than RM1 million.
• The SMEs must be at least 60% Bumiputra owned.
• The NPL must only be for business related loans.
• The SME is facing financial distress due to the economic crisis.
• Only loans that turned NPL between 1/1/1998 to 30/6/2001.
• Borrower must have an ongoing business or potential viable business venture.

Ineligibility

• NPLs due to mismanagement or fraud.
• NPL loan related to share financing and loan for personal consumption.
• NPL loan currently under Danaharta or NPLs due to hire purchase.

Type of Facility

• All types of facilities.
• For trade bill facilities, only funded bills are eligible.

Loan Amount

• No minimum size of funding.
• Maximum amount up to RM3 million per customer for the following purpose:
  1. expansion in production capacity and/or
  2. working capital

Repayment Period

Maximum 5 years from the date of first drawdown.

Interest Rate

Maximum rate of 5% p.a for the tenure of the loan.

For further enquiries, call the nearest Maybank Business Centre or apply online.

Resource: Maybank Online

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• Guidelines for Applicants
  
• Application Form

Resource: InnoFund - MOSTI

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The Government has been investing significantly in research and development (R&D) activities in an effort to strengthen the technological capability and capacity of the nation.  Under the 9th Malaysia Plan (9MP), the Government is giving priority to market-oriented R&D and increasing the rate of commercialisation.

In tandem with the 9MP, the Commercialisation of R&D Fund (CRDF) has been redesigned to provide financial assistance to universities/research institutions and eligible Malaysian companies to undertake full commercialisation.

Note
Under CRDF, commercialisation refers to a process by which the results of research projects are converted to marketable products and commercially produced.

OBJECTIVES

• To leverage on science, technology and innovation (STI) for national development;

• To increase the commercialisation of STI products and processes developed by local universities/research institutions/companies;

• To increase wealth creation and technology content of SMEs/Large Corporation via commercialisation of R&D undertaken by local universities/research institutions/companies; and

• To foster greater collaboration between universities/research institutions and industry.

PRIORITY TECHNOLOGY CLUSTERS

Project proposals eligible for consideration mut be listed in the following Priority Technology Clusters:-

• Biotechnology;

• Agriculture;

• ICT; and

• Industrial (Advanced Materials, Advanced Manufacturing, Nanotechnology, Alternative Energy, Waste to wealth).

CRDF CATEGORY

CRDF is classified as follows:-

• CRDF for Universities/Research Institutions
• CRDF for SME/Large Corporation/Public Listed Company

ELIGIBLE ACTIVITIES UNDER CRDF

CRDF for Universities/Research Institutions

• CRDF 1
  Feasibility Study on public sector R&D results for university/research institution's commercialisation office.
• CRDF 2
  Commercialisation of public sector R&D results via university/research institution's spin-off company.

CRDF for SME/Large Corporation/Public Listed Company

• CRDF 3
  Commercialisation of public sector R&D results undertaken by SME via Start-up Company.
• CRDF 4
  CRDF 4 comprises 3 sub-categories:-
  • CRDF 4(a)
    Commercial Production of Any Locally Generated R&D Results by SME
  • CRDF 4(b)
    Commercial Production of Public Sector R&D Results by Large Corporation
  • CRDF 4(c)
    Commercial Production of Public Sector R&D Results by Public Listed Company

CRDF 1

ELIGIBLE ACTIVITY
Feasibility Study on public sector R&D results for university/research institution's commercialisation office.

TARGET GROUP
University/RI's commercialisation office.

BASIC ELIGIBILITY CRITERIA

• Public Malaysian University and Public Research Institution only;
• R&D activities have been completed; and
• The proposed technology must be of a tangible product.

ELIGIBLE EXPENSES

• Cost to conduct Feasibility Study; and
• Cost to produce samples for feasibility study purposes.

FUNDING QUANTUM
The quantum of funding approved under CRDF 1 will be determined on a case to case basis.  The feasibility study will be undertaken by the appointed/selected Consulting Company.

PROJECT DURATION
The Feasibility Study must be completed within 5 months from the appointment date of the Consulting Company.

CRDF 2

ELIGIBLE ACTIVITY
Commercialisation of Public Sector R&D Results via University/Research Institution's Spin-Off Company.

Note:
University/Research Institution's Spin-off refers to start-up company originating from public university/research institution where an employee with an idea to start his/her owns business leaves the university/research institute.

TARGET GROUP
Researcher/Academic Staff.

BASIC ELIGIBILITY CRITERIA

• Public University/Research Institution's spin-off company;

• The company must be 100% owned by Malaysian;

• The proposed technology to be commercialised must be from one of the Priority Technology Clusters;

• The technical team must be led by Malaysian researcher/academic staff with relevant technical qualification and/or experience;

• The R&D and commercial ready prototype must have been completed successfully; and

• The proposed project must be for the commercialisation of a tangible product.

Note:
The company must operate from university/RI-based technology centres.

ELIGIBLE EXPENSES

• Rental (Space & equipment);

• Cost of Technology;

• Cost of training;

• Purchase of equipment (lab testing/QC equipment);

• Insurance/Maintenance/repair of the equipment;

• Cost of raw material;

• Intellectual Property Protection (IPP);

• Standard & Regulatory Compliance;

• Utility cost;

• Marketing & promotion; and

• Staff Allowance (Technical/Management)

FUNDING QUANTUM
The quantum of funding approved under CRDF 2 is up to a maximum of RM500,000.

PROJECT DURATION
The project duration under CRDF 2 is 1 year for project implementation and product roll-out, and 1 year for project monitoring/impact study.

CRDF 3

ELIGIBLE ACTIVITY
Commercialisation of Public Sector R&D Results via Start-up Company

TARGET GROUP
Start-up Company, excluding subsidiary of an existing company.

Note:
Start-up refers to a very early stage development of a new company excluding subsidiary of an existing company.

BASIC ELIGIBILITY CRITERIA

• Start-up Company is incorporated in Malaysia (excluding subsidiary of an existing company);

• The company must be at least 51% owned by Malaysian;

• The proposed technology to be commercialised must be from one of the Priority Technology Clusters;

• The company must be led by Malaysians with relevant technical qualification and/or experience;

• The R&D and commercial ready prototype must have been completed successfully; and

• The proposed project must be for the commercialisation of a tangible product.

Note:
The company must operate from university/RI-based technology centres.

ELIGIBLE EXPENSES

• Feasibility Study (if applicable);

• Rental (Space & equipment);

• Cost of Technology;

• Cost of training;

• Purchase of equipment (lab/testing/QC equipment);

• Insurance/Maintenance/repair of the equipment;

• Cost of raw material;

• Intellectual Property Protection (IPP);

• Standard & Regulatory Compliance;

• Utility cost;

• Marketing & promotion; and

• Staff Allowance (Technical/Management)

FUNDING QUANTUM
The quantum of funding approved under CRDF 3 is up to a maximum of 70% or RM500,000 whichever is lower depending on the merits of each application.

PROJECT DURATION
The project duration under CRDF 3 is 1 year for project implementation and product roll-out, and 1 year for project monitoring/impact study.

CRDF 4(a)

ELIGIBLE ACTIVITY
Commercial Production of Any Locally Generated R&D Results By SME

TARGET GROUP
All Malaysian incorporated SMEs.

BASIC ELIGIBILITY CRITERIA
To be eligible for CRDF 4(a), the company must meet the following basic criteria:-

• The company must be an SME incorporated in Malaysia;

• The company must be at least 51% owned by Malaysian;

• The management, marketing, and technical team must have relevant qualification and experience;

• The R&D and commercial ready prototype must have been completed successfully;

• The proposed technology to be commercialised must be from one of the Priority Technology Clusters; and

• The proposed project must be for the commercialisation of a tangible product.

Note:
All Malaysian incorporated SMEs are eligible.  (Graduated University/RI' Spin-off & start-up companies, Post CRDF & IGS grant recipient are also eligible).

ELIGIBLE EXPENSES

• Feasibility Study (if applicable);

• Cost of Technology;

• Cost of training;

• Purchase of core equipment related to commercialisation;

• Modifications/fine-tuning related costs;

• Process optimisation costs;

• Intellectual Property Protection (IPP);

• Standard & Regulatory Compliance; and

• Marketing & promotion related costs.

FUNDING QUANTUM
The quantum of funding approved under CRDF 4(a) is up to a maximum of 70% or RM4 million whichever is lower depeding on the merits of each application.

PROJECT DURATION
The project duration under CRDF 4(a) is 2 years for project implementation and product roll-out, and 2 years for project monitoring/impact study.

CRDF 4(b)

TARGET GROUP
All Malaysian Large Corporation including GLCs.

Note:
Malaysian Large Corporation refers to a company with annual sales turnover of more than RM25 million and full time employees of more than 150 employees.

BASIC ELIGIBILITY CRITERIA
To be eligible for CRDF 4(b), the company must meet the following basic criteria:-

• The company must be incorporated in Malaysia;

• The company must be at least 51% owned by Malaysian;

• The management, marketing, and technical team must have relevant qualification and experience;

• The R&D and commercial ready prototype must have been completed successfully;

• The proposed technology to be commercialised must be from one of the Priority Technology Clusters; and

• The proposed project must be for the commercialisation of a tangible product.

ELIGIBLE EXPENSES

• Feasibility Study (if applicable);

• Cost of Technology;

• Cost of training;

• Purchase of core equipment related to commercialisation;

• Modifications/fine-tuning related costs;

• Process optimisation costs;

• Intellectual Property Protection (IPP);

• Standard & Regulatory Compliance; and

• Marketing & promotion related costs.

FUNDING QUANTUM
The quantum of funding approved under CRDF 4(b) is 2 years for project implementation and product roll0out, and 2 years for project monitoring/impact study.

CRDF 4(c)

TARGET GROUP
All incorporated Malaysian Public Listed Companies.

BASIC ELIGIBILITY CRITERIA
To be eligible for CRDF 4(c), the company must at least meet the following basic criteria:-

• The company must be incorporated in Malaysia;

• The company must be at least 51% owned by Malaysian;

• The management, marketing, and technical team must have relevant qualification and experience;

• The R&D and commercial ready prototype must have been completed successfully;

• The proposed technology to be commercialised must be from one of the Priority Technology Clusters, and

• The proposed project must be for the commercialisation of a tangible product.

ELIGIBLE EXPENSES

• Feasibility Study (if applicable);

• Cost of Technology;

• Cost of training;

• Purchase of core equipment related to commercialisation;

• Modifications/fine-tuning related costs;

• Process optimisation costs;

• Intellectual Property Protection (IPP);

• Standard & Regulatory Compliance; and

• Marketing & promotion related costs.

FUNDING QUANTUM
The quantum of funding approved under CRDF 4(c) is up to a maximum of 50% or RM4 million whichever is lower depending on the merits of each application.

PROJECT DURATION
The project duration under CRDF 4(c) is 2 years for project implementation and product roll-out, and 2 years for project monitoring/impact study.

CRDF AGREEMENT
A CRDF agreement will be signed between MTDC (on behalf of the government) and grant recipient detailing the terms and conditions of the funding.

DISBURSEMENT OF GRANT
Disbursement of grant will be made in accordance with the following:-

• Approved grant will be disbursed either on a matching or reimbursement basis according to the claims submitted by the grant recipient; and

• Approved grant will be disbursed in stages in accordance with Schedule 2 of the Grant Agreement and subject to the satisfactory progress of the project in terms of deliverables and milestones reached.

APPLICATION & SUBMISSION
Applicants are required to submit the following documents to MTDC for evaluation purposes:

1. Application Checklist;

2. 2 sets of the Application Form;

3. 2 sets of the Commercialisation Plan;

4. 1 set of the Supporting Documents; and

5. Soft copy (CD) of the Commercialisation Plan.

Application Form and format of the Commercialisation Plan can be obtained from MTDC's office or downloaded from MTDC's website: http://www.mtdc.com.my.

Submission of application is to be submitted to:=

Chief Executive Officer
Malaysian Technology Development Corporation (MTDC)
Level 3&4, MIDF Building
195A, Jalan Tun Razak
50400 Kuala Lumpur

Attn: Government-Industry Technology Services (GITS) Department

ENQUIRY

For further information, please contact:-

Tel: 03-2165 2736/2739/2740/2742
Fax: 03-2163 7549
E-mail: grant@mtdc.com.my

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INTRODUCTION
A key thrust of the 9th Malaysian Plan (9MP) is to raise capacity for knowledge and innovation, and nurture first class mentality.  Harnessing science, technology and innovation (STI) has been identified as a key driver to achieve this.

Under 9MP, TAF will continue to provide financial assistance to eligible Malaysian SMEs to acquire foreign technologies.  The acquisition will fast track domestic technology development capacity and ultimately bypass the expensive and risky developmental stages.

TAF supports the effort undertaken by Malaysian companies to enhance their technology level, production processes and competitiveness.

PRIORITY TECHNOLOGY CLUSTERS
Project proposals eligible for consideration must be listed in the following Priority Technology Clusters:-

• Biotechnology;

• Agriculture;

• ICT; and

• Industrial (Advanced Materials, Advanced Manufacturing, Nanotechnology, Alternative Energy, Waste to Wealth)

TAF CATEGORY
TAF is classified as follows:-

• TAF 1; and
• TAF 2.

TAF 1

OVERVIEW
TAF 1 provides funding to eligible Malaysian companies to acquire foreign technology for immediate incorporation into company's manufacturing activity.  The acquisition of technology could be in the form of acquiring know-how / patent rights / prototype / design via the following methods:-

• Licensing of technology;

• Purchase of technology; and

• Outright purchase of technology.

OBJECTIVES

• Promote technology upgrading via the introduction and exploitation of technologies in the manufacturing and physical development of existing and new products or processes;

• Enhance the competitive level of Malaysian companies to compete globally; and

• Increase wealth creation and technology content of Malaysian companies via acquisition of foreign technology.

TARGET GROUP

• Incorporated Malaysian manufacturing companies (SMEs and large corporation) excluding GLCs, public listed companies and their subsidiaries.

ELIGIBILITY CRITERIA

• The company must be an SME/large corporation in Malaysia;

• The company must be at least 51% owned by Malaysian;

• The management, marketing, and technical team must have relevant qualification and experience;

• The proposed technology to be acquired must have been proven and commercially produced in the country of origin;

• The proposed technology to be commercialised must be from one of the Priority Technology Clusters;
• The technology acquired must be applied for the production of a tangible product; and
• The technology acquired must be immediately adopted in the company's manufacturing activity.

Note:
The technology provider is not allowed to own any equity in the applicant company.

ELIGIBLE EXPENSES

• Cost of technology acquisition; and
• Training

FUNDING QUANTUM
The quantum of funding approved under TAF 1 is up to a maximum of 50% or RM2 million whichever is lower depending on the merits of each application.

PROJECT DURATION
The maximum project duration under TAF 1 is 2 years for project implementation and product roll-out and 2 years for project monitoring/impact study.

TAF 2

OVERVIEW
TAF 2 provides funding to eligible women entrepreneurs to acquire equipment and machinery for immediate incorporation into company's manufacturing activity.  The acquisition of the equipment and machinery must be for the improvement of the current production capacity or process.

TARGET GROUP

• Incorporated Malaysian majority woman/women manufacturing, manufacturing-related services or K-based companies (SMEs and large corporation) excluding GLCs, public listed companies and their subsidiaries.

ELIGIBILITY CRITERIA

• The company must be an SME/large corporation incorporated in Malaysia;

• The company must be at least majority owned by Malaysian woman/women for a minimum of 2 years prior to application;

• The company must be in operation as a manufacturing/manufacturing-related services company for minimum period of 2 years;

• The CEO/MD/ED must be a woman, holds a minimum equity of 10% in the company and actively participate in the operation and management of the company;

• The management, marketing, and technical team must have relevant qualification and/or experience;

• The machine acquired is to be immediately adopted in the company's manufacturing activity; and

• The proposed project must be from one of the Priority Technology Clusters.

ELIGIBLE EXPENSES

• Cost of acquisition of equipment and machinery; and

• Training.

FUNDING QUANTUM

• Up to a maximum of 50% or RM500,000 whichever is lower depending on the merits of each application for 100% woman owned company; and

• Up to a maximum of 25% or RM250,000 whichever is lower depending on the merits of each application for majority woman owned company.

PROJECT DURATION
The project duration under TAF 2 is a maximum of 1 year for project implementation and product roll-out and 1 year for project monitoring/impact study.

TAF AGREEMENT
A TAF agreement will be signed between MTDC (on behalf of the government) and grant recipient detailing the terms and conditions of the funding.

DISBURSEMENT OF GRANT
Disbursement of grant will be made in accordance with the following:-

• Approved grant will be disbursed either on a matching or reimbursement basis according to the claims submitted by the grant recipient; and

• Approved grant will be disbursed in stages in accordance with the Grant Agreement and subject to the satisfactory progress of the project in terms of deliverables and milestones reached.

APPLICATION & SUBMISSION
Applicants are required to submit the following documents to MTDC for evaluation purposes:-

• Application Checklist;

• 2 sets of the Application Form;

• 2 sets of the Commercialisation Plan;

• 1 set of the Supporting Documents; and

• Soft copy (CD) of the Commercialisation Plan.

Application Form and format of the Business Plan can be obtained from MTDC's office or downloaded from MTDC's website: http://www.mtdc.com.my

Submission of application is to be submitted to:-

Chief Executive Officer
Malaysian Technology Development Corporation (MTDC)
Level 3&4, MIDF Building
195A, Jalan Tun Razak
50400 Kuala Lumpur

Attn: Government-Industry Technology Services (GITS) Department

ENQUIRY
For further information, please contact:-
Tel:  03-2165 2736/2739/2740/2742
Fax: 03-2163 7549
E-mail: grant@mtdc.com.my

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