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FINANCING SCHEME

Technology Development Fund (TED) 2

Provider

MOSTI

Objective

  • Develop existing concepts relating to the design of technology, process or product towards commercialization in order to reduce the valley of death; and
  • Stimulate the growth of research and technological development through a network of cooperation between the Government Research Institute, the Government STI Agency, the Institute of Higher Education, and industry.

Funding Amount

Small-Medium Entreprise Company (SME)

  • Allocation financing project is based to the specified merit by MOSTI and maximum up to 65% of the total cost of project approval

Startups, Institutions Government Investigation, Institute of Public Studies And Private, STI Agency Government

  • Full funding

Purpose of Financing

R&D&C&I

Eligibility

Company Registration:

  • Registered with SSM (Malaysian companies) or local authority (Sabah/Sarawak)

Startup Eligibility:

  • Registered with SSM
  • Majority Malaysian ownership (>50%) OR 
    • Minority ownership (<50%) with:
    • Proof of concept (POC) or working prototype
    • Malaysian operations
    • At least 70% Malaysian workforce
    • Minimum paid capital of RM10,000
    • At least 2 company directors
    • Technology-based business
    • In operation for less than 5 years

PKS Company Funding: 

  • Matching grant (company funds at least 35% of project cost)

Collaboration:

  • Encouraged for Startups/PKS with IPTA, IPTS, GRI, or STI agencies (LOA required)
  • Encouraged for Government Research Institutions/STI Agencies with Startups/PKS (LOA required)

Collaborators: 

  • Individuals/organizations working with the applicant (named in application, agreement required)

Application Procedure

Fill the form to get the application procedure link

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