Bioeconomy Transformation Programme (BTP)

Name of Fund Bioeconomy Transformation Programme (BTP)
Ministry Ministry of Science, Technology and Innovation (MOSTI)
Agency Malaysian Biotechnology Corporation (MBC)
Sector 1. Biotechnology
2. Medical and Health Sciences
Sub Sector 1. Biopharmacy Biotechnology, Food Biotechnology, Industrial and Environmental Biotechnology
2. Medical and Healthcare
Fund Objective 1. To complement and accelerate the implementation of BTP Trigger Projects;
2. To attract more high impact FDIs and DDIs to participate into local Agro-Biotechnology, Bio-Industrial, and Bio-Medical industries; and
3. To emphasise Government’s commitment in developing a high income, inclusive and sustainable bioeconomy for the nation.
Description Scope Dedicated Bioeconomy Funding to support the implementation of Trigger Projects under Bioeconomy Transformation Programme. The programme is in line with aspirations of the New Economic Model, to transform Malaysia into a high income, sustainable and inclusive economy by 2020, and beyond. BTP to cover 3 main sub-sector namely:
• AgroBiotech
• Bio-Industrial
• Bio-Medical for commercialisation of bioeconomy Projects using a loan mechanism.
Quantum Of Funding RM 10 million or 10% of its total project cost, whichever is lower
Phase Commercialisation
Eligibility

BTP Trigger Project Owners:

The 10 shortlisted Entry Point Projects (EPPs) include the following: • Industrial bioinputs;
• Biochemicals;
• Biomaterials;
• Bio-based farm inputs;
• High value bioingredients;
• High value food varieties;
• Biosimilars;
• Drug discovery;
• Molecular screening;
• Stem cells and regenerative medicine in Malaysia.
Telephone No 03-2116 5588
Email bioeconomy@biotechcorp.com.my
Tags Commercialisation
URL www.bioeconomy.my