Malaysian Biotechnology Corporation

		Seed Fund
		R&D Matching Fund
		International Business Development Matching Fund

		Entrepreneur Programme
		IP Research and Management Programme
		BeST Programmes

Commercialisation Grants
The objectives of the Commercialisation Grants are as follows:-


a.	To provide funding to priority biotechnology areas and to bridge gaps between existing public and private sector funding;

b.	To complement existing public and private sector funds and provide a comprehensive government grant mechanism, encompassing the entire R&D value chain, from pre-seed, seed to development & commercialisation funding;

c.	To attract and provide incentives to researchers and companies to develop the biotechnology industry; and

d.	To provide funding and capital for bio-entrepreneurs to commercialise viable biotechnology products and services.

Grant Components
There are three Grant Components as follows:-

Seed Fund (up to RM2.5 million each)

i.	To fund seed or start-up costs in setting up biotech companies .

ii.	To assist towards the development and commercialisation of biotechnology projects and R&D findings of priority and core areas, in particular projects and findings that are central to achieving the objectives of the National Biotechnology Policy.

R&D Matching Fund (up to RM1 million each)

The objective is to provide matching fund for R&D projects which can develop new or improved products and/or processes and/or technologies and lead to further development and commercialisation.

International Business Development Matching Fund (up to RM1.25 million each)

The objective of the fund is to promote the expansion of BioNexus Status Companies into the global market.

Successful applicants are required to enter into an agreement which will include among others: scope of funding, amount, tenure, milestones, deliverables and other conditions precedence.