Commercialisation of R&D Fund 1 (CRDF 1,2,3)

Introduction

The CRDF provides added stimuli for the right innovation among Malaysian-owned companies, by providing partial grants to qualified R&D projects. These grants will enable full commercialization of home-grown R&D, developed by local universities / research institutions or the private sector.

Objectives
  • CRDF provides partial funding for commercialisation activities of locally developed technologies by eligible Malaysian-owned companies. There are three types of CRDF tailored for specific commercialisation projects:
  • CRDF 1: Partial grant to conduct technology and market validation activities for R&D outputs by public universities / public research institutions or any local R&D outputs to be undertaken by local companies
  • CRDF 2: Partial grant for the commercialisation of any local R&D outputs by small and medium-sized companies (SMEs)
  • CRDF 3: Partial grant for the commercialisation of any local R&D outputs from public universities / research institutions or local companies by non-SME / subsidiary of large corporation and public-listed companies
Financing type
Hybrid - Grant & Loan
Financing rate

3.5% interest on CPN portion to start from the third year on instalment basis for a period of not more than 48 months

Financing tenure

6 years (2 years Implementation and 4 years repayment period)

Financing amount (max)

CRDF 1

  • Partial grants with a maximum of RM500,000 or 70% of the eligible expenses (whichever is lower)
  • Payback Rate: 0% of funding amount

CRDF 2

  • Partial grants with a maximum of RM4,000,000 or 70% of the eligible expenses (whichever is lower)
  • Payback Rate: 3.5% interest on CPN portion

CRDF 3

  • Partial grants with a maximum of RM4,000,000 or 50% of the eligible expenses (whichever is lower)
  • Payback Rate: 3.5% interest on CPN portion
Funding Instrument

Grant & Convertible Promissory Note (CPN)

Purpose of Financing
Working Capital
CAPEX
Technology Development
Eligibility criteria
  • The company is incorporated under the Companies Act 1965
  • The company must be at least 51% Malaysian-owned
  • The proposed technology acquisition must be from one of the Priority Technology Clusters identified by MOSTI
  • The R&D must have been completed successfully and a commercial-ready prototype is available
Application procedure
  • Applicants can submit their application during office hours to MTDC. Applicants are advised to ensure that the submission has all the required supporting documents, including:
  • Application Form; CRDF Commercialisation Plan 
  • Soft copy (CD) of the CRDF Commercialisation Plan; and
  • Application Checklist with relevant documents in order
For further information

Mariatini Othman
Senior Vice President
CRDF / TAF
Tel: +603 2172 6000
Email: mariatini@mtdc.com.my

Nurul Kartini Abu Bakar
Vice President
Processing of TAF / CRDF
Email: nurulkartini@mtdc.com.my
    
Malaysian Technology Development Corporation (MTDC)
Level G, Menara Yayasan Tun Razak,
Jalan Bukit Bintang,
55100 Kuala Lumpur
(Attn: TAF/CRDF Department)