William Voon Fook Sun

MOSTI
Guide to Grants and
Funds
for ICT Entrepreneurs
Normala Sharom
Bahagian Dasar ICT, MOSTI
11th June 2008
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MOSTI
Focus in Science, Technology &
Innovation of Malaysia
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Malaysia Moving Towards
K-Economy
Factor
Driven
(e.g. AGRICULTURE/
MINING)
Investment
Driven
(e.g. MANUFACTURING/
REAL ESTATE/BANKING)
Innovation
Driven
(e.g. BIOTECH/NANOTECH/
INFOTECH/K-INDUSTRIES)
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ICT Policies and Priorities
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National Focus and Priorities
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ICT Funding Model in Malaysia for
Knowledge Industries & Communities
Cradle Fund
Science Fund
Technology Fund
(Entrepreneurs)
(Research Institute &
Centre)
(All)
Commercialization of
R&D Fund (CRDF)
(All)
Pre Seeding Fund
E-Content Fund
(Technopreneurs)
(All - SME)
Technology
Acquisition Fund
(All)
Demonstrator
Applications Grant
Scheme
(Community Projects)
MSC Grant Scheme
(Enterprise - MSC Status)
Ministry of Science, Technology and Innovation
Innovation Fund
Venture Capital
[Enterprise(EIF)/Community
(CIF)]
MDeC
MTDC
MOSTI
MOSTI
ICT Fund Management
z
Science Fund
•
To support R&D projects which can generate new knowledge in strategic
basic and applied sciences, and develop new products or processes
necessary for further development and commercialisation in specific
research clusters
•
is a competitive funding to undertake development of new and/or cutting edge
technologies in six (6) technology clusters - Agriculture, Biotechnology, Information
and Communication Technology (ICT), Industry, Sea to Space, and S&T services.
These technologies must have the commercial potential to create new businesses and
generate economic wealth for Malaysia.
•
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ICT Fund Management
z
E-Content
•
•
z
To fund the creation of quality content for local and global markets by local
companies.
To develop a more resilient and competitive local content industry
Dag
•
To promote, encourage and facilitate Malaysians in employing ICT and
multimedia technologies to address the problem of digital divide, social
exclusion and promoting opportunities for economic and social
empowerment of all citizens.
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ICT Fund Management
z
Enterprise Innovation Fund
•
•
•
•
•
z
To increase the participation of micro businesses, small businesses and
individuals/sole-proprietors, in innovative activities.
To develop new or improve existing products, process or services with elements of
innovation for commercialization.
To encourage technological innovation for product, process and service improvement
To contribute towards the growth of the National GDP through the generation of
economy
To advance innovative activities for intellectual properties generation
Community Innovation Fund
•
To assist community groups to convert knowledge and idea into products, processes
or services that improves the quality of life of communities
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ICT Funding Model in Malaysia for
Knowledge Industries & Communities
Cradle Fund
Science Fund
Technology Fund
(Entrepreneurs)
(Research Institute &
Centre)
(All)
Commercialization of
R&D Fund (CRDF)
(All)
Pre Seeding Fund
E-Content Fund
(Technopreneurs)
(All - SME)
Technology
Acquisition Fund
(All)
Demonstrator
Applications Grant
Scheme
(Community Projects)
MSC Grant Scheme
(Enterprise - MSC Status)
Ministry of Science, Technology and Innovation
Innovation Fund
Venture Capital
[Enterprise(EIF)/Community
(CIF)]
MDeC
MTDC
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What is TECHNOFUND?
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TechnoFund is a competitive pre-commercialisation funding to
undertake the development of new (and/or cutting edge) technologies
in Agriculture, Biotechnology, ICT, and Industry Clusters (including
newly introduced S2S & S&T Svcs clusters) that create new
businesses and economic wealth for Malaysia
¾ Pre-commercialisation activities comprise development of (up-
scaling to) Commercial Ready Prototype /Pilot Plant/Clinical
Trial/Field Trial for
demonstration and testing purposes but NOT
COMMERCIAL EXPLOITATION
¾ IP acquisition comprises acquisition of IP (academic/lab scale
prototype)
from overseas or local sources for further
development (up-scaling) up to pre-commercialisation stage.
¾ IP acquired must be an OUTRIGHT PURCHASE (whereby IP
licensing is not allowed)
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Aims of TechnoFund
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z
Funding Objectives
To address the FUNDING GAP between
laboratory proof of concept and commercialisation
(production)
Laboratory POC
z
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TECHNOFUND
Commercialisation
To promote commercialisation of products,
processes and services developed by local
universities/research institutes and industry.
TechnoFund Types
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Applicants can apply for a combination of the
following TechnoFund Types:
Option
Type
Duration
1
2
A+B
A only
30 mths
24 mths
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Pre-commercialisation activities comprise
development (UP-SCALING) of
COMMERCIAL READY PROTOTYPE /
PILOT PLANT / CLINICAL TRIAL / FIELD
TRIAL for demonstration and testing purposes
but NOT COMMERCIAL EXPLOITATION
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Type B comprises acquisition of IP (academic /
laboratory scale prototype) from overseas or local
sources for FURTHER DEVELOPMENT (up-scaling)
up to PRE-COMMERCIALISATION stage.
IP acquired must be an outright purchase (IP licensing is
not allowed)
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Target Groups
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(1) MEDIUM and LARGE MALAYSIAN COMPANIES
~ minimum 51% EQUITY held by Malaysians
(2) GOVERNMENT-LINKED COMPANIES and PUBLIC
LISTED COMPANIES
~ minimum 51% EQUITY held by Malaysians
(3) Malaysian GOVERNMENT RESEARCH INSTITUTION
and INSTITUTE of HIGHER LEARNING
~ compulsory COLLABORATION with industry
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Collaboration
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•Industry applicants are encouraged to collaborate
with one or more GRI / IHL (public or private).
•GRI/IHL must identify industry partner(s) to
undertake joint collaboration. Industry partner(s)
should jointly contribute financial or non-financial
resources to the project.
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Project
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‰
‰
‰
‰
‰
‰
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Proposed in stated technology clusters
Technically viable for up-scaling to precommercialisation stage
Produce outputs with commercial potential
Outcomes to have direct economic benefit to Malaysia
(even though project undertaken overseas)
Leading to commercialisation of new & cutting-edge
technologies
IP Acquisition (laboratory scale)
- prospective IP is an out-right purchase that requires
further development
- IP licensing is not allowed
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Other Aspects To Be Considered
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™ Not CRDF/TAF funded projects
™ The resources of the company
™ Duration & Projected Gantt Chart – workable
™ Achievable objectives and Reasonable costings
™ Projects risks and benefits
™ Milestones
™ Project team
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Eligible Expenses : Type A (Pre-Commecialization)
‰
‰
‰
‰
‰
Pilot Plant & Equipment (if applicable);
Clinical trial / field trial (if applicable);
Commercial-ready prototype;
IP preparation and registration (excluding maintenance)
Market testing of commercial-ready prototype (participation in trade fairs and
exhibitions);
‰ Regulatory and standard compliance (including output documentation);
‰ Contract expenditure; and
‰ Expenditure for services (market survey, consultancy and testing).
Eligible Expenses : Type B (IP Acquisition)
‰ Acquisition of IP
‰ Training (Technology transfer)
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MOSTI
ICT Funding Model in Malaysia for
Knowledge Industries & Communities
Cradle Fund
Science Fund
Technology Fund
(Entrepreneurs)
(Research Institute &
Centre)
(All)
Commercialization of
R&D Fund (CRDF)
(All)
Pre Seeding Fund
E-Content Fund
(Technopreneurs)
(All - SME)
Technology
Acquisition Fund
(All)
Demonstrator
Applications Grant
Scheme
(Community Projects)
MSC Grant Scheme
(Enterprise - MSC Status)
Ministry of Science, Technology and Innovation
Innovation Fund
Venture Capital
[Enterprise(EIF)/Community
(CIF)]
MDeC
MTDC
MOSTI
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z
MOSTI
Introduction
The eContent fund is a fund announced by
the Government of Malaysia in the 9th
Malaysian Plan to facilitate the development
and growth of Malaysian made digital
content and Malaysian content creation
companies.
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Objectives
z
To fund the creation of quality content for
local and global markets by local
companies.
z
To develop a more resilient and
competitive local content industry
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Outcome
Economic Interest
National Interest
z Strong Malaysian
z Increase in quality of
content industry
local content for the
masses.
z Resilient local
content companies
z Promoting local
culture/heritage and
z Skilled local content
stories to the masses.
developers
z Malaysian Intellectual
z Employment
Property (IP)
z Global demand for
local content and
skills
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Definition of Digital Content
“ The definition of digital content within
context of eContent Fund is works/
intellectual property created using
digital technologies and disseminated
using digital means ”
*sumber: eContent Fund
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e-Content Scope
Technology
Focus Areas
Implementation
• Entertainment • Animation
• Education and • Games
Training
• Simulation/
• Culture and
Virtual Reality
Heritage
• Portal/Web• Informationbased
based Content
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Media
•
•
•
•
Mobile phone
PDA
TV
PC
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Technologies of eContent
Content Technologies
Examples of technology to create, process, aggregate,
repurpose & customize content to the environments that
require them
Animation
Digital
Mastering
Special &
Visual Effects
2D/3D
Technology
Games
Development
Interactive
Technology
Filmed
Content (with
CGI)
Digital
Intermediate
Technology
Mobile
Content
Technology
Virtual
Reality/Simulations
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eContent Fund
Who Can Apply?
z
z
z
Team (at least 2
persons)
Micro-Enterprise
SME
Quantum
• Team: up to RM 90K
• Micro-Enterprise : up
•
to RM 500K
SME :
•
•
MOSTI
up to RM 1 million
RM1m - RM 6 million
(have commercial
agreement with 3rd
party)
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Applicant Eligibility
Team
z
z
z
z
z
Malaysian.
Age : 21 – 60.
Minimum
Level
of
Education:
Diploma
in
relevant disciplines.
Not a bankrupt. Not
involved in any litigation/
criminal proceedings.
Applicants are only eligible
to one successful project
application only.
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Company
z
z
z
z
Malaysian
Majority
owned company.
Registered with SSM
Not involved in any
litigation/bankruptcy/
criminal proceedings.
Can apply the fund for one
project within a same time
period and apply for additional
projects
upon
successful
completion of the prior project
if the prior grant approved is
not more than RM 1 million.
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z
z
z
z
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Basic Criteria/Terms
Innovative project in terms of content, technology
and methodologies used
Within the focus areas and technology
implementation outlined by MOSTI
Project must be completed within 24 months
Projects proposed for more than RM1 million is
subject to the following requirements:- Pre-sales/commercial contract
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Successful Projects of eContent Fund
Eldorado - Heru
3D fantasy action platform game based on the ancient
times of Egypt, Greece, Babylon, The Amazons and
fabled Atlantis.
Paradise Island & Beaches Of Malaysia - Internet,
Mobile Version
Using the Internet and mobile to provide a
comprehensive guide to Malaysian islands and beaches.
Blue Karipap Mini Series
Animated mini series that follows a bunch of youths with
a big dreams who hang out at a small urban cafe called
the Blue Karipap.
Upin & Ipin
Animated mini series of the adventures of a naughty
pair of twins and their friends in a kampung setup
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MOSTI
ICT Funding Model in Malaysia for
Knowledge Industries & Communities
Cradle Fund
Science Fund
Technology Fund
(Entrepreneurs)
(Research Institute &
Centre)
(All)
Commercialization of
R&D Fund (CRDF)
(All)
Pre Seeding Fund
E-Content Fund
(Technopreneurs)
(All)
Technology
Acquisition Fund
(All)
Demonstrator
Applications Grant
Scheme
(Community Projects)
MSC Grant Scheme
(Enterprise - MSC Status)
Ministry of Science, Technology and Innovation
Innovation Fund
Venture Capital
[Enterprise(EIF)/Community
(CIF)]
MDeC
MTDC
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MOSTI
InnovationFund
(InnoFund)
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What is InnoFund
z Fund
to promote and enhance
innovation through products,
processes and systems by which
value can be created for
customers, businesses and
society
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z
Types of InnoFund
Enterprise
InnoFund (EIF)
•
•
•
•
Individual
Sole Proprietor
Micro Enterprises
Small Enterprises
To
encourage
Individuals, Micro and Small
Enterprises to develop new
or improve existing products,
process or services with
elements of innovation
-
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z
Community
InnoFund (CIF)
•
Community Groups
To encourage
Community Groups to
convert knowledge/idea
into innovative products/
process / services that
improve the quality of life of
communities
-
MOSTI
Definitions of Micro & Small Enterprise
Primary Agriculture
Manufacturing
Services
(including ICT)
Micro
< 5 full time
< 5 full time
< 5 full time employees
employees
employees
Or
Or
Or
Annual sales turnover
Annual sales turnover Annual sales turnover
<RM 200,000
< RM 250,000
<RM 200,000
Small
5-50 full time
5-19 full time
employees
employees
Or
Or
Annual sales turnover Annual sales turnover
RM 250,000- < RM
RM 200,000-< RM 1
10 million
million
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5-19 full time
employees
Or
Annual sales turnover
RM 200,000 - < RM 1
million
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Eligibility Criteria for EIF
z
Malaysian sole proprietor, individual, micro or small enterprise
z
Contain elements of technological innovation leading to
commercialisable applications, products or services in the technology
cluster identified.
z
Technological innovation refers to product/process and services that
can be derived from:
• Re-combination / fusion / integration
• Replication / refinement
z
Applicant must show proof that they can fund their share of eligible
project cost
z
Project must be undertaken in Malaysia.
z
Project must still be within the pre-commercialization stage.
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Technology Clusters for EIF
ICT
Biotechnology
Agriculture
Industry
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EIF Quantum of Funding and
Duration
EIF Applicant
Individual /
Sole Proprietor
Micro
Enterprise
Small
Enterprise
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Quantum of
Funding
Duration
Up to RM20,000
Up to 12
months
Up to RM50,000
Up to 12
months
Up to RM250,000
Up to 18
months
MOSTI
Thank You
MINISTRY OF SCIENCE, TECHNOLOGY
AND INNOVATION
Block C4 & C5, Complex C,
Federal Government Administrative Centre,
62662, PUTRAJAYA
www.mosti.gov.my
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