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Innofund Guidelines PDF
Innofund Guidelines PDF
Innofund Guidelines PDF
INNOFUND
(ENTERPRISE INNOVATION FUND AND
COMMUNITY INNOVATION FUND)
1.0 INTRODUCTION 3
3.1 Eligibility 4
4.1 Eligibility 7
6.0 AGREEMENT 9
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1.0 INTRODUCTION
3
3.0 ENTERPRISE INNOVATION FUND (EIF)
3.1 Eligibility
ii) Applicants must show proof that they can fund their share of
project costs not funded under Innofund;
(Note: Micro Enterprise – annual sales turn over of less than RM250,000 or
full time employees of less than 5;
Small Enterprise – annual sales turn over of RM250,000 to less than
RM10 million or full time employees of 5 to 50)
(Note: MSC Status companies are not eligible to apply for this fund)
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3.3 Quantum of Funding
Micro Up to RM50,000
Small Up to RM250,000
i) Consumables / materials;
i) Agriculture Cluster
! Information System
! ICT Infrastructure
! Software
! Emerging Information Technology
! Communication
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! Security System
! Signal Processing
! Database Technology
! ICT Application
! Healthcare
! Industrial
! Advanced Materials
! Advanced Manufacturing
! Nanotechnology
! Alternative Energy
! Radiation Technology
! Waste to Wealth
! Processing Technology
! Engineering Development
! Environment
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vi) Applicants must show proof of financial capability to finance
the portion not funded by EIF;
4.1 Eligibility
7
4.4 Scope of Funding
i) Consumables / materials;
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5.0 PROJECT DURATION
Maximum Duration
Category
(months)
Small Enterprise 18
Individual / Sole Proprietor,
12
Micro Enterprise
Community Groups 18
6.0 AGREEMENT
7.1 EIF
7.2 CIF
9
8.0 LOCATION OF PROPOSED PROJECT
Innovation Unit,
Science, Technology and Innovation Division,
Ministry of Science, Technology and Innovation (MOSTI)
Block C5, Parcel C
62662 PUTRAJAYA
Tel: 03 - 8885 8153 / 8841/ 8050 /8750/ 8843(Helpdesk)
Fax: 03 - 8888 9473
e-mail: innofund@mosti.gov.my
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