Malaysian Biotechnology Corporation Bhd (MBC) – MALINDO BUSINESS & CULTURAL CENTER

Commercialisation Grants-International Business Development Matching Fund
Malaysian Biotechnology Corporation Bhd (MBC)

Objective	:	To provide matching fund for R&D projects to develop new or improved products and/or processes and/or technologies.
Maximum financing	:	RM1.25 million to be disbursed within 4 years
Participating financial institutions / Implementing Ministry / Agency	:	MBC
Eligibility criteria	:	BioNexus Status companies Within Malaysia’s Biotechnology Focus Areas The applicant must have ownership or intellectual property of the product The product has export potential for countries as per their submitted proposal The company’s products have been internationally benchmarked The potential market value/distribution network for the proposed product has been evaluated
Purpose of financing	:	The funding shall cover expenditure in relation to a particular business development within Malaysia’s Biotechnology Focus Areas and has been or will be incurred on : Country pre-clinical and clinical trial expenditures Product registration costs IP protection in other jurisdictions
Application procedure	:	Application to be submitted to MBC
Contact	:	Malaysian Biotechnology Corporation Level 23, Menara Naluri 161 Jalan Ampang 50450 Kuala Lumpur Tel : 03-2116 5588 Fax : 03-2116 5411 Website : www.biotechcorp.com.my

Commercialisation Grants-RND Matching Fund
Malaysian Biotechnology Corporation Bhd (MBC)

Objective	:	To provide matching fund for R&D projects to develop new or improved products and/or processes and/or technologies.
Maximum financing	:	RM1.0 million to be disbursed within 2 years
Participating financial institutions / Implementing Ministry / Agency	:	MBC
Eligibility criteria	:	BioNexus status companies The applicant must have ownership or beneficial use, of any intellectual property necessary to commercialise the innovation The innovation has commercial potential The applicant’s business must be located in Malaysia and within Malaysia’s Biotechnology Focus Areas The company should have an appropriate research team led by a qualified technical personnel
Purpose of financing	:	The provision of sites or premises (including the acquisition of land), the construction and adaptation of buildings, and the provision of services and other works The provision of plants, machinery, equipment and materials The payment of fees or other remuneration to technical advisers consulted in connection with the project Salary and wages of contract researchers directly involved in the project The travel and subsistence expenses of persons engaged in the project or in identifying products or process development prospects within the industrial undertaking Overhead charges associated with the project concerned. Term loan and working capital
Application procedure	:	Application to be submitted to MBC
Contact	:	Malaysian Biotechnology Corporation Level 23, Menara Naluri 161 Jalan Ampang 50450 Kuala Lumpur Tel : 03-2116 5588 Fax : 03-2116 5411 Website : www.biotechcorp.com.my

Commercialisation Grants-Seed Funds
Malaysian Biotechnology Corporation Bhd (MBC)

Objective	:	To finance start-up costs in setting up biotech companies and assist towards the development and commercialisation of biotechnology projects in line with the objectives of the National Biotechnology Policy.
Maximum financing	:	RM2.5 million to be disbursed within 2 years
Participating financial institutions / Implementing Ministry / Agency	:	MBC
Eligibility criteria	:	Individuals, researchers and start-up companies who are in the early stage of setting up companies that has been granted the BioNexus status The applicant must have ownership or beneficial use, of any intellectual property necessary to commercialise the innovation The innovation has commercial potential The applicant’s business must be located in Malaysia and within Malaysia’s Biotechnology Focus Areas
Purpose of financing	:	Recruitment of interim professional management Initial market development efforts IP filing and registration Market and feasibility studies Preparation of further investment documentations Malaysian compliance and regulatory costs Prototyping costs
Application procedure	:	Application to be submitted to MBC
Contact	:	Malaysian Biotechnology Corporation Level 23, Menara Naluri 161 Jalan Ampang 50450 Kuala Lumpur Tel : 03-2116 5588 Fax : 03-2116 5411 Website : www.biotechcorp.com.my

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