Funds

Centre for Collaborative Innovation UKM:

  1. Provides Innovation Fund for pre-commercialisation or last-mile prototyping;
  2. Assists researchers in securing Prototype Research Grant Scheme (PRGS) for prototype development from Ministry of Education (MOE) and
  3. And UKMTech assist in applying grants from:
    1. Malaysian Technology Development Corporation (MTDC);
    2. Cradle Fund Sdn. Bhd.; a subsidiary company of Ministry of Finance (MOF);
    3. Biotechnology Corporation Sdn. Bhd. (BiotechCorp) and
    4. etc
  4. The fund schemes listed below sponsor the pre-commercialisation technology before exiting to the market.

TABLE 2: Stage and Source of Funds

StageSource of Fund
PreliminaryUniversity pre-seed fund, government grants and commercialisation grants
Formation of Start-UpUniversity pre-seed fund and commercialisation grants
Early-stageUniversity pre-seed fund, founder, angel investors, and commercialisation grants
Growth (Market Established)Venture capitals, angel investors, suppliers & customers
Market expansionVenture capitals, banks, Initial Public Offering (IPO)