| A. |
Objective
The objective of the programme is to nurture bio-entrepreneurs
and relevant support service providers to set up
or expand operations in Malaysia.
Activities that may be eligible for financial
support include attendance of an entrepreneur
development programme (locally or overseas), receipt
of advisory or mentoring services, or interim
management provision for newly formed companies. |
| B. |
Who Should Apply?
| i. |
Companies engaged in life sciences,
or relevant support service providers; |
| ii. |
Individual researchers; or |
| iii. |
Bio-entrepreneurs; |
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intending to set up or expand operations in BiotechCorp’s focus areas, and who require mentoring
assistance. |
| C. |
Eligibility Criteria
| i) |
Company applicants
| • |
Small- or medium-sized
company (based on MIDA definition) |
| • |
Incorporated in Malaysia |
| • |
Core business operations conducted
in Malaysia |
| • |
Life sciences-related business or
support service provider in one of BiotechCorp’s focus areas |
| • |
Possesses a viable business concept
acceptable to BiotechCorp |
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|
| ii) |
Individual applicants
| • |
Suitably qualified Malaysian
citizen (citizens of other countries
may be considered on a case-by-case
basis) |
| • |
Intends to venture into a life sciences-related
business in one of BiotechCorp’s
focus areas |
| • |
Possesses a viable business concept
acceptable to BiotechCorp |
| • |
Has the consent of their current organisation
(if applicable) |
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* - Applications
will be subject to BiotechCorp’s acceptance
and all decisions are final. |
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| D. |
When to Apply?
Applications should only be submitted once
applicants have developed viable business concepts
that could lead to the commercialisation of life
science-related products or services. |
| E. |
Mentoring Coverage
Upon acceptance into the Mentoring Programme,
the coverage given will be agreed between BiotechCorp, the mentee and the mentor(s). BiotechCorp
retains the right to reject candidates should
it prove impossible to agree upon a suitable programme
of activities.
Typically, the programme will take the following
form:
| • |
Standard or customised educational
or mentoring activities |
| • |
Seminars and/or workshops conducted by industry
professionals, which may include but are not
limited to:
o Funding mechanisms
o Cash flow/financial management
o Corporate governance
o Licensing strategies
o Legal and regulatory issues
o Competitive intelligence
o Ethical issues |
All individuals or companies accepted into the Mentoring
Programme will be subject to rigorous periodic progress
review. |
| F. |
Level of Funding
The amount of funding given will be determined on
a case-by-case basis. |
| G. |
How to Apply?
Applicants must submit the following:
| • |
Duly completed Mentoring Programme
Application Form |
| • |
CV of individual or of company directors |
| • |
Relevant company details (ie, relevant statutory
forms, if applicable) |
| • |
Audited financial accounts (if applicable) |
| • |
Detailed business concept |
| • |
Letter of Consent from applicant’s
organisation (if applicable) |
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|
| |
All application shall be addressed to:
Malaysian Biotechnology Corporation
Sdn. Bhd.
Strategy & Planning Division
Level 20, Menara Naluri
161, Jalan Ampang
50450 Kuala Lumpur
Tel : 603-2116 5588
Fax : 603-2116 5528
Email : aljafri.osman@biotechcorp.com.my / arni.aris@biotechcorp.com.my
URL : www.biotechcorp.com.my
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| H. |
BiotechCorp’s Roles
BiotechCorp will:-
| • |
Receive, review and approve/reject
applications for the programme; |
| • |
Monitor the progress of mentees; and |
| • |
Endeavour to continually improve and develop
the programme. |
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