Technology Acquisition Fund

TAF

Eligible Activities

-         Purchase of High-Tech Equipment & Machinery.

Funding – A maximum of 50% of the total cost 

-         Technology Licensing.
Funding – A maximum 70% of the cost 

-         Acquisition of Patent Right, Prototypes & Design.
Funding – A maximum 70% of the cost 

-         Placement of Malaysian in Foreign Technology Based Companies or Institutes. Funding for 3 persons airfare, accommodation & allowance for 3 months.
Funding - A maximum of 50% of the total cost or RM30,000, whichever is lower for each person. 

-         Expert Sourcing Programme – cost of bringing foreign experts includes professional fees, airfare & accommodation
Funding - A maximum of 50% of the total cost or RM30,000, whichever is lower.

Qualifying Criteria

-         Technology proposed must be on the approved list of high technology as outlined in the Promotion of Investment Act (PIA) 1986 & other strategic technologies as approved by the Government;

-         Company is locally incorporated & has at least 51% Malaysian equity/ownership;

-         Company must produce evidence of signed technology agreement.

Funding Unit  
Malaysian Technology Development Corporation (MTDC)
www.mtdc.com.my

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