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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

Purpose of Financing

R&D&C&I

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

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