InnoFund is a grant scheme which funds the development or improvement of new or existing products, processes or services with elements of innovation. The project must have economic value and improves the societal well-being of the community. InnoFund can be categorized into Enterprise InnoFund (EIF) and Community InnoFund (CIF).
To increase the participation of micro-businesses, individuals in innovative activities and encourage technological innovation of new or existing products, process or services for commercialisation.
Pre Commercialisation Fund (InnoFund) Secretariat
Fund Division, Ministry of Science, Technology and Innovation (MOSTI)
Level 3, Block C5, Parcel C
Federal Government Administrative Centre
Tel: 603 – 8885 8123/ 8152 / 8877
Fax: 603 – 8889 2994