DEVELOPMENTAL FUND

NATIONAL TECHNOLOGY &
INNOVATION SANDBOX FUND

INTRODUCTION

National Technology Innovation Sandbox (NTIS) is a national initiative which serves as a ‘safe place’ to allow innovators to test their products, services, business models and delivery mechanisms in a live environment with relaxations on all or specific processes and/or regulatory requirements. In support of the NTIS programme, MTDC offers the NTIS Fund which will finance relevant activities under the programme

BASIC ELIGIBILITY

  • Malaysian or Malaysian Owned Company
  • Has been successfully accepted into the National Technology and Innovation Sandbox

TYPES OF SCHEME

  • SINGLE SITE SANDBOX
    • 100% funding (grant) of eligible costs or up to RM0.25m
    • Sandbox activities at a single site only
    • 6 months project duration
    • For technology validation, market validation & regulatory compliance activities

  • MULTIPLE SITE SANDBOX
    • 70% funding (grant) of eligible costs or up to RM0.5m
    • Sandbox activities at multiple sites
    • 6 months project duration
    • For technology validation, market validation & regulatory compliance activities

  • COMMERCIALISATION SANDBOX
    • 70% funding (grant + Convertible promissory note) of eligible costs or up to RM4.0m
    • Commercialisation of validated technologies/products
    • 18 months project duration
    • For commercialisation activities

  • CORPORATE SANDBOX
    • 1:1 Matching funding between MTDC and approved corporate partner
    • For validation or commercialisation activities
    • Duration depending on project requirements

SCOPE OF FUNDING

  • SANDBOX 1 & 2
    • Technology Licensing/Consultation Fees
    • Product registration/regulatory compliance costs
    • Cost of production for Sandbox Technology/Product
    • Outsourcing costs
    • IP-related costs, including novelty search, patent drafting & legal costs
    • Technology validation activities
    • Market validation activities
    • Operational expenditures
  • SANDBOX 3 & 4
    • Purchase of machinery & equipment
    • Technology Licensing/Consultation Fees
    • Product registration/regulatory compliance costs
    • Cost of production for Sandbox Technology/Product
    • Outsourcing costs
    • IP-related costs, including novelty search, patent drafting & legal costs
    • Operational expenditures
    • Advertising, Marketing & Promotional activities
*All costs described above are may be subject to capping/restrictions as determined by the Fund Approval Committeeittee

PERIOD OF FUNDING

  • SANDBOX FUND 1 & 2 – Not more than 6 months
  • SANDBOX FUND 3 – Not more than 18 months
  • SANDBOX FUND 4 – Depending on scope of project

CONTACT US

Apply Now!

Application are now open at NTIS’s website

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