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Commercialisation Grants-International Business Development Matching Fund

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Objective
To provide matching fund for R&D projects to develop new or improved products and/or processes and/or technologies.

Maximum financing : RM1.25 million to be disbursed within 4 years

Participating financial institutions / Implementing Ministry / Agency
MBC

Eligibility criteria

  • BioNexus Status companies
  • Within Malaysia's Biotechnology Focus Areas
  • The applicant must have ownership or intellectual property of the product
  • The product has export potential for countries as per their submitted proposal
  • The company's products have been internationally benchmarked
  • The potential market value/distribution network for the proposed product has been evaluated

Purpose of financing
The funding shall cover expenditure in relation to a particular business development within Malaysia's Biotechnology Focus Areas and has been or will be incurred on :

  • Country pre-clinical and clinical trial expenditures
  • Product registration costs
  • IP protection in other jurisdictions

Application procedure
Application to be submitted to MBC

Contact
Malaysian Biotechnology Corporation
Level 23, Menara Naluri
161 Jalan Ampang
50450 Kuala Lumpur
Tel : 03-2116 5588
Fax : 03-2116 5411
Website : www.biotechcorp.com.my

 
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