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MESTECC R&D FUND 2019

MESTECC R&D FUND 2019. 1. MP. MP. Fund Division, MESTECC. 11. 10. STI Excellence Through Demand Driven R&D Financing. Demand Driven. Economic Growth & Societal Well-being 2 schemes – MESTECC R&D Fund and International Collaboration Fund 3 priority areas

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MESTECC R&D FUND 2019

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  1. MESTECC R&D FUND 2019 1

  2. MP MP Fund Division, MESTECC 11 10 STI Excellence Through Demand Driven R&D Financing Demand Driven • Economic Growth & Societal Well-being • 2 schemes – MESTECC R&D Fund and International Collaboration Fund • 3 priority areas • Socio Economic Objective, followed by Field of Research Innovation Driven • Knowledge Generation, Wealth Generation & Societal Well-being • 3 schemes - Science Fund and Pre Commercialization (TechnoFund & InnoFund) • 10 priority areas • Field of Research, followed by Socio Economic Objective Introduction 2

  3. Impact to 1) Society, 2) Economy and 3) Environment Fund Division, MESTECC Financial Management Commercialization Potential Technology Evaluation that is focusing on Sustainability, Relevance and Feasibility of Project Proposal Clarity in terms of objectives & output expected, methodology, technology readiness, compliance to regulatory / ethical requirement, manufacturability etc Established an understanding in relevant business model options, appropriateness of project in the market, potential, diffusion rate and compliance to standard. Sustainability Relevance Feasibility Demonstrated company’s financial capability to implement R&D project at affordable cost and able to generate income. Identifying the project’s impact including affordability of the output, export potential as well as circular economy. Demonstrated ability of the team to successfully achieve the objectives, identifying and mitigating risk etc. Criteria of a Successful Application (MESTECC) 3

  4. Fund Division, MESTECC MESTECC R&D FUNDS 2019 MESTECC R&D FUND INTERNATIONAL COLLABORATION FUND (ICF) 4

  5. areas Fund Division, MESTECC priority Medical & Healthcare Water, Food & Energy Nexus Green Growth for Sustainable Development MESTECC R&D Fund Objective • to undertake experimental development towards commercialisation by reducing valley of death; and • to stimulate the growth and increase capability and capacity from cross collaboration between Industry, Malaysian Government Research Institutes (GRI) and Institutions of Higher Learning (IHL). • Open to Malaysian SMEs in collaboration with Government Research Institution, Academia and STI agencies. Improvement in fund disbursement Matching fund of up to RM3 million (MESTECC contribution) Introduction 5

  6. Fund Division, MESTECC Scope of Funding Improvement in Scope of Funding Funding for Collaborator Wages and Allowances for RA; Rental/ Minor Repair of Equipment; Sample Testing; and Raw Materials/ Consumables. MESTECC R&D Funds 6

  7. Fund Division, MESTECC Scope of Funding MESTECC R&D Funds 7

  8. Fund Division, MESTECC Scope of Funding MESTECC R&D Funds 8

  9. Fund Division, MESTECC Scope of Funding MESTECC R&D Funds 9

  10. Bahagian Dana, Aras 4, MOSTI https://edana.mestecc.gov.my/edana/ https://www.mestecc.gov.my

  11. Fund Division, MESTECC eDana User’s Interface MESTECC R&D Funds 11

  12. 60 DAYS Stage 1: Application Stage 2: Evaluation and Approval 30 DAYS 7 DAYS Stage 3: Contracting Stage 4: Payment Fund Division, MESTECC Apply, Engage & Execute • Reviewed by Fund Expert Committee • Presentation / Pitching Session • Due diligence • Strategic Committee • Approval Committee • Notification of result • Application by online system https://edana.mestecc.gov.my • Administrative Vetting • Completed Project Agreement Received • Payment • Letter of acceptance • Meeting to Finalize Agreement Application Process 12

  13. Fund Division, MESTECC Frequently Asked Questions How fast can we know the result of our application? When is the closing date of fund application? Can we apply through an agent/ third party? How much is the processing fee for their services? Can we get fund to purchase an IP? Can we get fund for a foreign technology acquisition? It will be a new technology in Malaysia. MESTECC will have an equity holding in applicant’s project? Do we must have a company before apply for funds with MESTECC? My proposal is not following the 3 socio-economic priority themes set by MOSTI. Can I still apply for the fund? 13

  14. Fund Division, MESTECC Do you require more info? 03- 8885 8324/ 8367/ 8704/ 8322 helpdesk-edana@mestecc.gov.my 14

  15. Bahagian Dana, Aras 4, Blok C4, MOSTI https://www.mestecc.gov.my https://edana.mestecc.gov.my/edana/ Thank You 15

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