Bioeconomy Transformation Programme (BTP)
|Name of Fund||Bioeconomy Transformation Programme (BTP)|
|Ministry||Ministry of Science, Technology and Innovation (MOSTI)|
|Agency||Malaysian Biotechnology Corporation (MBC)|
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:
• 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|
BTP Trigger Project Owners:
The 10 shortlisted Entry Point Projects (EPPs) include the following: • Industrial bioinputs;
|Telephone No||03-2116 5588|