Enterprise Innovation Fund (EIF)
Ministry of Science, Technology and Innovation (MOSTI)
Objective | : | To increase the participation of SMEs, micro businesses and individual/sole-proprietors in innovative activities through the development of new or improved products, processes or services with element of innovation for commercialisation. |
Maximum tenure | : | 18 months |
Minimum financing | : | RM20,000 |
Maximum financing | : | RM20,000 |
Participating financial institutions / Implementing Ministry / Agency | Ministry of Science, Technology and Innovation (MOSTI) | |
Eligibility criteria | : |
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Purpose of financing |
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Eligible sector / Types of financing | Identified technology cluster includes ICT, biotechnology and other innovative technology such as Nanotechnology, alternative energy, waste to wealth, advanced material & manufacturing, radiation technology, processing technology, engineering development and environment. | |
Application procedure | : | Application to be submitted to MOSTI |
Contact | : |
Innovation Fund |