Helps Bumiputera business entities that are technology-based and involved in specific technology clusters expand their operations internationally. (flexible loan with no collateral)
Provides hybrid grant-equity funding which acts as a transition and a bridge from grant to VC financing. The financial assistant is a mix of two components – a grant portion and an equity portion that is similarly structured but more flexible than VC financing.
Support and encourage entrepreneurship; creation of new strategic businesses that are important and potentially scalable; and funding of supporting companies within a technology eco-system. Incorporates elements of loan and equity, offering companies flexible funding via Convertible Notes (CN) and/or Preference Shares.
CIP 500 was introduced as a specific measure to bridge the existing seed/commercialisation funding gap in the Malaysian technology funding ecosystem. The aim is to create companies that are sizeable, sustainable or venture capitalist (VC)-fundable.
Pre-seed conditional grant to teams of innovative individuals with innovative, technology-based ideas in the ICT, non-ICT and high growth technology industries. Recipients are given a 12-month period to complete the development of their prototypes or proofs-of-concept.
CRDF 1 is a grant for the commercialisation of R&D output from public and private University (PPU) / Government Research Institute (GRI) by a Spin-Off company (“Syarikat Terbitan University, STU”). A spin off company is defined as a company with local Public and Private University/Government Research Institution ownership.
Under this fund, the STU is required to operate their business from any recognised Technology Centers locally. The company is also required to focus their commercialisation activities on business development while producing their product via out-sourcing mode.
CRDF 3 is divided into 2 categories for the respective sectors as shown below:-
1. CRDF 3(a) is a grant for the commercialisation of any local R&D by SME; and
2. CRDF 3(b) is a grant for the commercialisation of public sector R&D by a non-SME.
Funding for business offerings within the creative industry as guided by the Dasar Industri Kreatif Negara by Ministry of Information, Communication and Culture, which includes visual & performing arts, music, literature, content creation, fashion and design and traditional & cultural arts.
Facilitates the acquisition of foreign technologies for immediate incorporation into the company’s manufacturing activity. TAF’s partial grant enables companies to avoid expensive and often risky technology development stages. The acquisition of technology could be in the form of acquiring know-how / IP exploitation / rights / blueprints via one of the following methods.