Crdf mtdc

Hello, I want to know the details of the CRDF - Malaysian Technology Development Corporation. Please provide me.

[Kiran Chandar]

Hello, here I am providing you the details of the CRDF - Malaysian Technology Development Corporation as under:

About the CRDF:
CRDF is a grant for the commercialisation of R&D output from public and private University (PPU) / Government Research Institute (GRI) by a Spin-Off company ("Syarikat Terbitan University, STU").

Target Group
Spin-off companies from PPU/GRI

Basic Eligibility Criteria
Spin-off company incorporated under the Companies Act 1965;
The company must be at least 51% owned by Malaysian;
The proposed technology to be commercialised must be from one of the Priority Technology Clusters identified by MOSTI excluding ICT;
The R&D must have been completed successfully and commercial-ready prototype is available; and
The proposed project must be tangible in nature.

Eligible expenses
a) Equipments
Cost of the purchase of equipments for Quality Control and Production
Cost of maintenance of equipments

b) Technology
Cost of technology/ consultation/ training

c) Administration and Overhead
Cost of allowance for management and technical personnel
Cost of rental at technology centre
Cost of utilities

d) Services
Cost of core raw materials
Cost of advertisement and promotion
Cost of certification and standard
Cost of IP registration and protection
Cost of production out-sourcing

Project duration
2 years (Implementation and Monitoring)