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FINANCING SCHEME

Bridging Fund

Provider

MOSTI

Objective

  1. reduces the valley of death between pre-phases commercialization to commercialization; and
  2. Increase readiness of output products R&D to penetrate the market.

Funding Amount

RM4,000,000.00

Claim Method

Small-Medium Enterprise Company (SME) Project allocation funding is based on the merits set by MOSTI and maximum up to 65% of the total cost of project approval Start-up companies, government research institutions, public, and private research institutes, government STI agencies Full funding 36 months duration period of project

Eligibility

Bridging Fund Eligibility (PKS & Startups):

  • Company Registration:
    • Registered with SSM (Malaysian companies) or local authority (Sabah/Sarawak)
  • Startup Eligibility:
    • Registered with SSM
    • Majority Malaysian ownership (>50%)
    • Minimum paid capital of RM10,000
    • At least 2 company directors
    • Technology-based/related business
    • In operation for less than 5 years
  • Matching Funds: PKS companies required to co-finance at least 35% of project cost (cash or in-kind)
  • Market Study: Required for all applicants
  • Minimum Malaysian Equity: All companies must have at least 51% Malaysian ownership
  • Technology Implementation:
    • Collaboration with government or external agencies encouraged (consultancy services)
    • Proof of capability for independent implementation required otherwise (LOA or equivalent)
  • Research Personnel: Collaboration with IPTA, etc. allows appointment of RO/GRA (LOA or equivalent required)
  • Collaborators: Individuals or organizations working with the applicant (named in application, agreement required)
  • Consultants: Individuals or organizations appointed and paid by applicant to perform specific project activities

Scope of Funding

 Design (product & visual communication)

  • Accreditation/Certification (excluding factory/OEM)
  • Incubation services (technical advice, consultancy)
  • Project-related human capital development (GMP, Halal, HACCP training)
  • Product market validation & modification
  • Purchase/lease of project-related equipment/facilities (up to 40% of total grant)

 

1.Intellectual property (registration, acquisition, partnership incentives)

2.Technology transfer & Up-scaling

3. Advanced packaging

4. Domestic transportation costs directly related to project development (economy class, shortest route)

5. Appointment of Graduate Research Assistants (GRAs) or Research Officers (ROs):

  • IPT & collaborators: prioritize GRAs directly involved in project. ROs allowed if GRAs not possible.
    • Bachelor’s degree: RM3,000/month (incl. PERKESO/KWSP)
    • Master’s/PhD: RM3,200/month (incl. PERKESO/KWSP)
  • GRI/STI Agency/Startups/PKS:
    • nominate ROs directly involved in project. ROs allowed if GRAs not possible.
    • Bachelor’s degree: RM3,000/month (incl. PERKESO/KWSP)
    • Master’s/PhD: RM3,200/month (incl. PERKESO/KWSP)
  • Startups/PKS must collaborate with an Institute of Higher Education (IPT).

6. RO definition:

  • Assists with research activities
  • Holds relevant academic qualifications with R&D experience
  • Not employed by the applicant’s organization

Application Procedure

Fill the form to get the application procedure link

For any enquiries, contact our Administrator

Level 19, MoF Inc. Tower,
9, Persiaran KLCC,
50088 Kuala Lumpur,
Malaysia

+603-86558750

i-ogse@mprc.gov.my

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