Commercialisation of Research & Development Fund (CRDF)

Name of Fund Commercialisation of Research & Development Fund (CRDF)
Ministry Ministry of Science, Technology and Innovation (MOSTI)
Agency Malaysian Technology Development Corporation Sdn Bhd (MTDC)
Sector 1. Agriculture and Forestry
2. Biotechnology
3. Engineering and Technology
4. Information, Computer and Communication Technology (ICT)
5. Medical and Health Sciences
6. Natural Sciences
Sub Sector 1. Agricultural Sciences and Technology, Animal and Avian Production, Aquaculture, Forest Production and Forest Products, Forestry Sciences and Technology, Plantation Crops and Commodities, Soil and Water Management, Production Techniques, Productivity, Production & Processing, Agro Chemicals, Irrigation, Management Techniques, Propagation Techniques, Processing and Manufacturing, Animal Conservation, Forest Protection
2. Food Biotechnology, Industrial and Environmental Biotechnology, Molecular biology
3. Civil Engineering, Chemical Engineering, Construction Engineering, Electrical and Electronic Engineering, Mechanical Engineering, Nanotechnology
4. Communication
5. Medical and Healthcare, Pharmacy, Optometry, Dentistry, Nursing, Allied Health
6. Biodiversity, Bioinformatics, Water Security, Pollution, Conservation, Rehabilitation
Fund Objective To promote the commercialisation of locally developed technologies (from public and private universities, Government’s Research Institutions (GRIs) and companies) undertaken by Malaysian owned company.
Description Scope CRDF 1 – For the commercialisation of R&D output from public and private university/Government research institutes by a spin-off company
• Maximum funding is RM500,000 or 90% of the eligible expenses
• Eligible activities covered are purchase of eligible equipments (QC & production), cost for administration and overheads, cost of technology and cost of services (raw material, advertisement and promotion, certification and standard, IP registration & protection and production outsourcing)
Quantum Of Funding RM 500,000
Phase Commercialisation
Eligibility • The company is incorporated in Malaysia;
• 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 identified by MOSTI, excluding ICT;
• The R&D must have been completed successfully and commercial-ready prototype is available;
• The proposed project must be tangible in nature or can be incorporated into tangible product;
• Significant paid-up capital which commensurate with the total project cost (proof of the availability of the fund to finance the project);
• License from relevant authorities must be available for the proposed project; and
• Proposed project is recommended by industrial expert.
Telephone No 03-2172 6000
Tags Technology Transfer, Commercialisation, Innovation