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FINANCING SCHEME

NTIS – Sandbox 4

Objective

NTIS is a programme that allows researchers, innovators and entrepreneurs to test their products and services in a live environment and qualify for grants to bring those products and services to market. NTIS relaxes certain regulatory requirements to accelerate the development of innovation from the R&D stage to being commercially ready.

Funding Amount

Based on commercial negotiation.

Claim Method

Matching funding between MTDC and approved corporate partner For validation or commercialisation activities Duration depending on project requirements

Purpose of Financing

R&D&C&I

Scope of Funding

  • Purchase of machinery & equipment
  • Technology Licensing/Consultation Fees
  • Product registration/regulatory compliance costs
  • Cost of production for Sandbox Technology/Product
  • Outsourcing costs
  • IP-related costs, including novelty search, patent drafting & legal costs
  • Operational expenditures
  • Advertising, Marketing & Promotional activities

*All costs described above may be subject to capping/restrictions as determined by the Fund Approval Committee

Application Procedure

Fill the form to get the application procedure link

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