Mosti fund

MOSTI IN THE

TENTH MALAYSIA PLAN

En. Suhaimi Hamzah Bahagian Dana MOSTI

MINISTRY OF SCIENCE, TECHNOLOGY AND INNOVATION http://www.mosti.gov.my

Championing Scientific Discovery, Transforming Innovation

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NANOTECHNOLOGY OCEANOGRAPHY

Innovation Model for Wealth Creation and Societal Well Being

3-5 years

Acquisition

MARKET DRIVEN

INNOVATION Technology

Market Identified

Risk Capital

Technology TECHNOLOGY

DRIVEN INNOVATION

Science (Basic

Research)

Market (to be

Identified)

Science Grants Technology Grants Risk Capital

10-15 years 3-5 years

Income Growth and Jobs

Value added products and services

Malaysia’s Strategic Positioning and Market Niche

a national vision of creating a developed nation in our own mould

“The challenge of establishing a scientific and progressive society, a society that is innovative

and forward looking, one that is not only a consumer of technology but also a contributor to the scientific and technological civilization”

MOSTI R,D&C

Ministry of Science, Technology and Innovation

MOSTI : R,D&C FUNDING CONTINUUM

TechnoFund

ScienceFund

Pre-R&D Process

Value

Analysis

Concept/ Idea

Basic R

Applied

R

Prototype Development

RESEARCH COMMERCIALISATION PRE-R&D

PRE-COMMERCIALISATION

Incubator/ Early

Growth

Matured Level

Value Realisation

Priority setting, Technology scanning

BGF/BSF

Pilot Plant /

Commercial Ready Prototype

InnoFund

MSC Pre-seed Fund (9th MP)

Biotechnology R&D Initiatives

(9th MP)

Strategic Funding For ICT MGS Grant Scheme

DAGS Roll-Out (9th MP) E-Content Fund

CradleFund

BIOTECH COMMERCIALISATION FUND

CRDF/TAF/VC

MOHE (FRGS, RU, APEX)

KKLW

MITI (SME Corp)

CRADLE

KPPK (CESS FUND)

MINDEF (STRIDE)

KeTTHA (Green Tech)

MOA (AGRO BANK)

SCIENCEFUND

Techno/InnoFund etc

MTDC, Biotech Corp, etc

MAVCAP, MDV

MOF (BGF)

MOF (BSF)

KPKK (CREATIVE INDUSTRY FUND)

MGS

FUNDING FOR R,D&C IN 10th MP

IDEATION RESEARCH PRE -COM COMMERCIALISATION

10th MP MOSTI R,D&C Priority Areas MOSTI R,D&C FUNDING

ENGINEERING SCIENCES

PHYSICAL & MATHEMATICAL SCIENCES

MEDICAL & HEALTH SCIENCES

ADVANCED MATERIALS SCIENCES

SOCIAL SCIENCES & HUMANITIES

AGRICULTURESCIENCES

COMPUTER SCIENCES & ICT

LIFE SCIENCES

ENVIRONM. SCIENCES

CHEMICAL SCIENCES

SCIENCEFUND

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Grant provided by Government to carry out R&D projects that can contribute to the discovery of new ideas and the advancement of knowledge in *applied sciences, focusing on *high impact and innovative research.

DEFINITION OF SCIENCEFUND

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OBJECTIVES OF SCIENCEFUND

i.  to support research that *can lead to the innovation of products or processes for further development and commercialisation; and/or;

ii. to generate *new scientific knowledge and

strengthen national research capacity and capability.

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ScienceFund covers preliminary research leading to laboratory proof of concept or towards the development of new products or processes. The quantum of fund approved will be determined based on the merit of each application.

SCOPE OF FUNDING

QUANTUM OF FUNDING

The quantum for each project is up to RM500,000.00.

PROJECT DURATION The project duration is up to 30 months.

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i) Scientific and technical merit: The project must be scientifically sound, technically feasible with achievable milestones, and has the potential for further development and commercialisation. ii) Research competence: The research team must have the knowledge and competency to carry out the research successfully to completion. iii) Innovativeness of the research. iv) High impact research: Clear and measureable expected output, outcome and impact in line with National Key Economic Areas / National Key Result Areas (NKEA/NKRA).

SELECTION CRITERIA OF THE PROJECT

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INNOFUND

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InnoFund is a fund to promote and enhance innovation through products, processes and systems by which value can be created for customers, businesses and society

What is InnoFund

Enterprise Innovation Fund (EIF)

v  Individual v  Sole Proprietor v  Micro Enterprises v  Small Enterprises

- To encourage Individuals, Micro and Small Enterprises to develop new or improve existing products, process or services with elements of innovation

Types

Community Innovation Fund (CIF)

v  Community Groups - To encourage Community Group

to convert knowledge/ idea into innovative products/ process / services that improve the quality of life of communities

Types

•  Malaysian individual, sole proprietor, micro or small enterprise

•  Technological innovation leading to commercialisable applications, products or services

•  Technological innovation can be derived from: v Re-combination / fusion / integration v Replication / refinement

•  Applicant must show proof that they can fund their share of eligible project cost

•  Project must be undertaken in Malaysia

Eligibility Criteria

• Consumables / materials; • Equipment (not more than 40%

of total grant approved); • Expenditure for services

(consultancy and testing); • Product documentation; • Regulatory and standard

compliance; and • Market testing (including

samples, fees and documentation for participation in trade fairs and exhibitions).

Scope of Funding

• Sole Proprietor/ Individual

• Micro Enterprise

• Small Enterprise

Quantum of Funding and Duration

Up to RM50,000

Up to RM500,000

Up to RM500,000

Up to 12 months

Up to 12 months

Up to 12 months

Quantum of Funding

Duration

Note:

1.  Micro: Annual sales turnover of less than RM 0.25 million or less than 5 FTE

2.  Small: Annual sales turnover of RM 0.25-10 million or less than 50 FTE

•  Registered/Government recognised Malaysian community group

•  Project must contain innovative elements leading to the development of products / services / processes that improve societal well-being.

•  Applicant must show proof that they can fund their share of project cost not covered by InnoFund

•  Project must be undertaken in Malaysia

Eligibility Criteria

• CIF projects do not have to adhere to the specific clusters. The emphasis is innovation that improves social well-being of communities

Technology Clusters

• Consumables / materials;

• Equipment (not more than 40% of total grant approved);

• Expenditure for services (consultancy and testing);

• Project documentation;

• Demonstration application (including samples, fees and documentation for participation in exhibitions).

Scope of Funding

• Up to RM500,000 Quantum of Funding

• 12 to 18 months Duration

TECHNOFUND

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TechnoFund is a grant scheme which aims to stimulate the growth and successful innovation of Malaysian enterprises by increasing the level of R&D and its commercialisation. The scheme provides funding for technology development, up to pre-commercialisation stage, with the commercial potential to create new businesses and generate economic wealth for the nation.

DEFINITION

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i. Small and Medium Enterprises; ii. Institutions of Higher Learning; iii. Research Institutes; and iv. Science, Technology and Innovation (STI) Agencies.

WHO CAN APPLY

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OBJECTIVES

i.  development of new or cutting edge technologies or further develop/value add existing technologies/products in specific areas;

ii. undertake market driven R&D towards commercialisation of R&D outputs;

iii. encourage institutions, local companies and inventors to capitalise their intellectual work through intellectual property (IP) registration; and

iv. stimulate the growth and increase capability and capacity of Malaysian technology-based enterprises, Malaysian Government Research Institutes (GRI) and Institutions of Higher Learning (IHL) through both local and international collaborations.

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The Pre Commercialisation (TechnoFund) will cover: i. the acquisition of technology (foreign and/ or local). ii. the up-scaling of laboratory-scale prototype or the

development of commercial ready prototype; and iii. pre-clinical testing/clinical testing/field trials.

SCOPE OF FUNDING

QUANTUM OF FUNDING The quantum for each project is up to RM3,000,000.00.

PROJECT DURATION The project duration is up to 30 months.

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i. Novelty Uniqueness and novelty aspect of the technology/product. Applicant must conduct a Prior Art Search to verify on the patentability aspect. ii. Technical Feasibility Applicant’s ability to successfully complete the project within the stipulated time. iii. Laboratory Proof of Concept (POC) Evaluation of the Proof of Concept - viability, technical issues, overall direction, and budgeting.

SELECTION CRITERIA OF THE PROJECT

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iv. Competency of the Project Team

• Project teams - qualified and competent members (technical and commercialisation aspects). • Roles and responsibilities of collaborators involved clearly defined. • Core business of applicant must be related to area of research. • Project leader must be technically fluent & competent in the related project. • Involvement of consultants should be justified and details submitted. • Each member of the team should provide CV clearly stating their previous research as well as highlighting significant successes. v. Credibility of Project Proposal The project proposal must be clear, accurate and consistent with the objectives of the Pre Commercialisation Fund (TechnoFund) and have milestones and project activities that can be completed within the agreed time frame.

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vii. Appropriateness of Methodology

Should provide sufficient information (clear sequence of stages & phases of the proposed methodology) to achieve the project objectives. vii. Deliverables Should be able to indicate clearly the type of output expected, market size, potential for commercialisation, and/ or new IPs viii. Financial Capability Should show proof of financial capability to finance any portion of project cost not funded by TechnoFund.

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ix. Projection of the Project Costs Detailed projection of the project costs must be provided. As for purchase of equipment and acquisition of services, all the relevant documents must be included in the project proposals for evaluation. x. Risk The applicant must state the possible risks (technology risk, financial risk and time risk) that may affect the implementation or completion of the project.

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xi. Applicant and collaborator(s) must provide the following documents, where appropriate: a. The applicant if a Company and/or collaborator(s) must provide the latest Forms 9, 24 and 49 (Companies Act 1965) together with the latest Annual Report; and b. Latest Memorandum and Article of Association (MoA). All documents should be certified by the Companies Commission of Malaysia. Foreign collaborators should provide equivalent documents. xii. Others The applicant and collaborator(s) must fulfil other conditions stipulated under the guidelines and policies of the Pre Commercialisation Fund (TechnoFund).

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CYCLE LAST DATE TO

SUBMIT APPLICATION

EVALUATION RESULT CLIENT CHARTER

1/2011 31 Dec 2011 1 Jan– 29 Feb 2012 1 Mac 2012 37 working

days

1/2012 29 Feb 2012 1 Mac – 10 May 2012 11 May 2012 50 working

days

2/2012 31 May 2012 1 June – 9 Aug 2012 10 Aug 2012 50 working

days

3/2012 31 Aug 2012 1 Sept – 14 Nov 2012 16 Nov 2012 50 working

days

4/2012 31 Dec 2012 2 Jan – 18 Mac 2013 19 Mac 2013 50 working

days

Beginning December 2011, evaluation will be done in cycles:

Fund Section, MOSTI


Administrative Vetting Evaluation Approval Notification

Fund Section Evaluation Committee Fund Approval Committee Fund Section

14 Days 30 Days 3 Days 3 Days

50 Working Days

Receipt of application

Technical Committee Meeting

Verification

Yes

Strategic Committee Meeting

Fund Approval

Committee Meeting

Reject

Circulation to Fund

Approval Committee

Members Notification to

applicant

Compilation of Evaluation Reports

Classification according to field of research & identifying panel of experts

Approve

Site Visit/ Additional

Information

Verification

Yes

No

Administrative Vetting

Receipt of Application

Notification to applicant

No

(3 days)

(9 days)

(2 days)

(2 days)

(10 days)

(5 days)

(5 days)

(2 days)

(6 days)

(2 days)

(1 hari)

(3 days)

SUCCESSFUL APPLICATION

FACTORS •  Management

•  Novelty – technology

•  Competitor

•  Financial Projection -  Cash Flow -  Profit & Loss -  IRR -  ROI & SROI

•  Marketing

•  Market Validation

•  Business Model

•  Competency & Competitor Analysis

Fund Section, MOSTI


Number of Projects

completed

Outputs

Outcomes

Measure

Biopharmacy/ Medical (20 completed projects)

• Molecular techniques in cancer • New constituents of palm oil for cosmeceuticals • Profiling Standard for Essential oil from gaharu

• Improve oral and breast cancer treatment • Value addedness to palm oil application in pharmaceutical industry • Increase quality of essential oil for high market value

Patents Filed: 2 Publications: 27 Commersialisation: • Industrial collaboration with Caroted Bhd (a subsidiary of Hovid) • Discussion with Vivantis Technologies & Geneflux Sdn Bhd

Industrial/ Environment (17 completed projects)

• Bioprotein from agricultural waste and cheap carbon source • New Methods for waste water treatment

• Enable new market for agricultural waste • Efficient management of waste water

Patents: 8 Publications: 31

Agricultural Biotechnology (10 completed projects)

• Methods for culturing algae strain as a feed for fish larvae

• Increase productivity of fish industry

Publications: 3

Key Indicator Achievements

Completed Projects 147

Poten=al for Commercializa=on 3

Patents filed 60

RSE Created 476

Knowledge Worker Generated 135

Employment Created 107

Innova=on Output 34

Licensing/Spin-‐off Company 3

Development of bio-fuel engine for ferry/boat

Pilot Plant for production of water-soluble polymer for industrial waste

treatment

Machine developed used for profiling groove for piping in petrochemical industry

Development of wifi antenna for transmitting information up to 3 km Automation for making “keria”

Development of mobile incinerator

Integrated Geospatial Database and Planning System (IGDP System)

RAZAKSAT®

ANGKASAWAN Programme

CTI Head of States Summit

Tsunami early warning system

InnoYOUTH (Innovative Youth) Empowering Kajang Prison Inmates (Youths) in Digital Micro- Enterprises is a social project to empower 250 inmates of Kajang Prison in multimedia and desktop publishing skill as to enable them to become microentrepreneurs once they are released. The project aims to give guidance, hope, skills and confidence for the inmates to start afresh a new lease of life - using ICT skills to earn a living. InnoYouth project will provide hope and instil sense of self-respect for the inmates and help to reduce 're-offending' cases. 250 inmates are being selected for this project comprising mainly youths aged between 19-39 years old. ICT will be used as a creative tool to prepare, train and enhance the target group's ability to offer niche services in multimedia and desktop publishing.

Project Location : Kajang Prison, Selangor

GUIDELINES AND APPLICATION FORMS????

Please visit our website:

http://www.mosti.gov.my [email protected] O19-3805707


THANK YOU


Mosti fund

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Transcript of Mosti fund