Commercialisation of Research & Development Fund (CRDF)
CRDF is for the funding of commercialisation activities of locally developed technologies undertaken by Malaysian owned company. The technologies can be those developed by the public sector or they can also be the output of in-house research and development (R&D) activities by the companies.
CRDF 1
CRDF 1 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").
A spin off company is defined as a company with local Public and Private University/Government Research Institution ownership.
Under this fund, the STU is required to operate their business from any recognised Technology Centers locally. The company is also required to focus their commercialisation activities on business development while producing their product via out-sourcing mode.
CRDF 2
CRDF 2 is a grant for the commercialisation of R&D output from Public and Private University (PPU) / Government Research Institute (GRI) by a Start Up company.
A Start Up is defined as a newly set up Small & Medium Enterprise (SME) established specifically as the vehicle for the commercialization activities of the specific project.
Under this fund, the SME is recommended to operate their business from a recognised Technology Centers. The Company is also required to focus their commercialisation activities on business development while producing their product via out-sourcing mode.
A Start Up is defined as a newly set up Small & Medium Enterprise (SME) established specifically as the vehicle for the commercialization activities of the specific project.
Under this fund, the SME is recommended to operate their business from a recognised Technology Centers. The Company is also required to focus their commercialisation activities on business development while producing their product via out-sourcing mode.
CRDF 3
1. CRDF 3(a) is a grant for the commercialisation of any local R&D by SME; and
2. CRDF 3(b) is a grant for the commercialisation of public sector R&D by a non-SME.
Note:
a) ‘SME' is defined as company with less than RM25 million annual turnover or having less than 150 employee;
b) ‘Large company' is defined as company with more than RM25 million annual turnover and engaging more than 150 employee;
c) Public Listed's associated companies will be categorised in accordance to the structure of its shareholders; and
d) State agency's associated companies will be categorised in accordance to the structure of its shareholders.
