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TechnoFund is a grant scheme which aims to stimulate the growth and successful innovation of Malaysian enterprises by increasing the level of R&D and its commercialisation. The scheme provides funding for technology development, up to pre commercialisation stage, with the commercial potential to create new businesses and generate economic wealth for the nation.
The objectives of TechnoFund are:
- To undertake the development of new or cutting edge technologies or further develop/value add existing technologies/products in specific areas for the creation of new businesses and generation of economic wealth for Malaysia
- To undertake market driven R&D towards commercialisation of R&D outputs
- To encourage institutions, local companies and inventors to capitalise their intellectual work through intellectual property (IP) registration
- To stimulate the growth and increase capability and capacity of Malaysian technology-based enterprises, Malaysian Government Research Institutes (GRI) and Institutions of Higher Learning (IHL) through both local and international collaborations.
Pre Commercialisation Fund (TechnoFund) Secretariat,
Fund Division, Ministry of Science, Technology and Innovation (MOSTI)
Level 4, Block C4, Parcel C
Federal Government Administrative Centre
Tel: 603 – 8885 8298
Fax: 603 – 8885 8367