It is a funding in the form of a conditional grant to assist entrepreneurs to fund their technology based business venture
Grant of up to RM600,000 for a maximum duration of eighteen (18) months. At least 60% is for commercialization expenses & maximum of 40% for other expenses such as product development and/or enhancements
Companies that are Sdn Bhd, which includes universities, research institute spin-offs and SMEs.
For companies, your company shall not be more than 7 years old and earned revenue must not exceed RM5 mil. For companies who are has less than 51% of Malaysian owners, majority employees must be Malaysians and there shall be no other company that holds more than 25% of your company’s share. Your company should also own the IP rights, including university and research institute spin-offs
Fill the form to get the application procedure link
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