doubletree by hilton kuala lumpur · incorporated on 10 march 1992, mtdc’s mandate is to...
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11 October 2016DoubleTree by Hilton
Kuala Lumpur
Introduction on MTDCPn Alvirah Mohd Natt
Incorporated on 10 March 1992, MTDC’s mandate is to spearhead the development of technology-based companies in Malaysia
MTDC is now the country’s leading agent of commercialisation providing grants, soft loans and incubation space complemented with an array of value-added services
OVERVIEW
• To identify, finance and develop companies in strategic technology areas
• To focus on commercialisation of public sector research results
• To identify and transfer emerging and strategic technologies for adoption by industries
ROLES
• Fund Management
• Advisory Services
• Nurturing Services
• Incubation Management
SERVICES
Grants
• Commercialisation of R&D Fund (CRDF)
• Technology Acquisition Fund (TAF)
MTDC – THE FUNDS
Other Funds
• Halal Technology Development Fund (Halal Fund)
• Business Start-up Fund (BSF)
• Business Growth Fund (BGF)
• Business Expansion Fund (BEF)
MTDC – THE FUNDS
BIOGRAPHY OF THE SPEAKERS
Mariatini Othman is a Universiti Teknologi Malaysia graduate with a Chemical Engineering Degree and a Masters in Technology Management holder from Universiti Malaya.
She went on to head the R&D Department of a manufacturing concern, and subsequently took on the Project Manager’s role at Universiti Malaya, and later, Universiti Putra Malaysia for top-down R&D projects in catalysis and development of vaccines respectively. Subsequently, Mariatini explored commercialisation of a medical device via the commercialisation grant from MTDC.
She is Malaysia’s representative to the Association of University Technology Managers in the USA and a Certified Trainer under the purview of the Ministry of Human Resources. She currently heads the Technology Transfer & Commercialisation Department of MTDC.
Why go Techie?
Why SMEs
need to go tech?
Why Go Techie
• Increase productivity
• Lower production cost
• Increase revenue
• Attract talent
• Increase competitiveness
CRDF & TAF
The Grants
CRDF1
CRDF2
CRDF3
TAF
Commercialisation
• Of technology acquisition
• Of fictions and truths
• Of dreams and realities
10MP: Challenges
• Lack of coordination in RDC&I
• Low commercialisation of
R&D
• Ineffective utilisation of
resources
Source: EPU’s Translating Innovation to Wealth, 2015
10MP: Challenges
• Low innovation in companies
• Lack of critical thinking skills
Source: EPU’s Translating Innovation to Wealth, 2015
In Reality
Commercialisation in Malaysia
A Failure? Or a Success?
CRDF - Outcome (10 MP) Indicators
1. Sales Revenue RM334.96mil
2. Export Sales RM147.50mil
3. Rate of Commercialisation 52.38%
4. IP generated 129
5. Private-Public Collaboration 52
6. New Job Created 1,450
7. Number of Spin-offs created 38
8. Number of Start-ups 16
In Reality
*unverified
Heng Hiap Industries Sdn Bhd
ProjectCommercialisation of new coal and new oil from plastic scrap using locally developed green technology
Source of Technology
Private (In-house)
Sales Revenue RM190* million (2013 until 2015).
IP 8 patents and 1 trademark
Employees 117 workers
*Unverified
Heng Hiap Industries Sdn Bhd
Welford Manufacturing (M) Sdn Bhd
ProjectCommercialisation of Air-guard safety infusion set.
Source of Technology
Private (In-house)
Sales Revenue RM807,004.40* (2015)
Export MarketUnited Kingdom, Hong Kong, Indonesia, Thailand, the Philippines and Myanmar
IP 1 patent
Employees 60 workers
*Unverified
Welford Manufacturing (M) Sdn Bhd
Eclimo Sdn Bhd
ProjectCommercialisation of Electric Scooter –Model ES11
Source of Technology
Private (In-house)
Sales Revenue RM3,520,950* (in 2015)
Export Market Iran and Cambodia
IP1 patent, 1 trademark, and 1 industrial design
Employees 19
*Unverified
Eclimo Sdn Bhd
MGV Industries Sdn Bhd
ProjectCommercialisation of Clarified Sparkling Tropical Fruit Juice using Microfiltration and Enzymatic Treatment Technology
Source of Technology
MARDI
Sales Revenue RM29 million (in 2006 - 2012)
Export MarketSingapore, Brunei, China, Hong Kong, Phillipines
IP 2 patents
Employees 55
CRDF
• Commercialisation of local R&D
outputs
• By Malaysian-owned companies
CRDF 1
CRDF 1
• RM500k at 70:30
• By local SMEs
• Commercialisation of local R&D
• Not more than 12 months
CRDF 1
Eligible Costs
•Technology
•Production
•Product Registration & Standard Compliance
•Advertising & Promotion
•Legal & Secretarial
CRDF 1
Eligible Costs - Technology
•Consultation Fee
CRDF 1
Eligible Costs - Production
•Raw Material
•Packaging Material
•Outsourcing
CRDF 1
Eligible Costs – Product
Registration & Standard
Compliance
CRDF 1
Eligible Costs – Advertising &
Promotion
•Advertising Material
•Exhibitions
CRDF 1
Milestones
•Technology Validation
•Market Validation
CRDF 2 & 3
CRDF 2
• RM4m at 70:30
• By SMEs
• Local R&D
• Commercial Production
• 4 years
CRDF 3
• RM4m at 50:50
• By non-SMEs
• Local R&D
• Commercial production
• 4 years
CRDF 2 & 3
Eligible Costs
•Technology
•IP Registration
•Production
•Product Registration & Standard Compliance
•Advertising & Promotion
CRDF 2 & 3
Eligible Costs - Technology
•Consultation Fee
•Licensing Fee
•Training
CRDF 2 & 3
Eligible Costs – IP Filing
•Trademark & Copyright
•Patenting cost in 3 countries
CRDF 2 & 3
Eligible Costs - Production
•Core Raw Material*
•Packaging Material*
•Manufacturing Equipment
•QC Equipment*For first run only
CRDF 2 & 3
Eligible Costs – Product
Registration & Standard
Compliance
CRDF 2 & 3
Eligible Costs – Advertising &
Promotion
•Advertising Material
•Exhibitions
•Product launch
CRDF 2 & 3
Milestones
•Transfer of Technology
•Facility Set-up
•Sales (Local & Export)
•Knowledge Workers
•New IP
TAF
TAF
• RM4m on matching basis
• By local companies
• Foreign proven technology
• Commercial production
• 4 years
TAF
Eligible Costs
•Technology Cost, capped at
RM2.8m at 70:30
•Equipment Cost, capped at
RM1.2m at 50:50
TAF
Milestones
•Transfer of Technology
•Facility Set-up
•Sales (Local & Export)
•Knowledge Workers
•New IP
Contacts
Mariatini Othman
TAF/CRDF Department
• 603 2172 6101
• 012 9104073
BSF & BGFBy Idjarmizuan Ibrahim
Idjarmizuan bin Ibrahim, 45, is currently the Senior Vice President at the Technology Venture Fund Department, Malaysian Technology Development Corporation Sdn Bhd (MTDC). He was entrusted to manage the Business Startup Fund (BSF) and the Business Growth Fund (BGF) with total fund size of RM380 million. He is also appointed as Nominee Directors in several investee companies of MTDC.
Idjarmizuan joined MTDC in February 2013 after serving six years at the Islamic Financial Services Board (IFSB), a global standard setting body for Islamic finance. The international working exposure has allowed him to accumulate priceless experience dealing with central bank officials across the globe in the areas of policy, regulatory and supervision of the Islamic capital and money market and the Islamic banking industry. Prior to IFSB, he has also served the Securities Commission, Permodalan NasionalBerhad and BBMB Securities Sdn Bhd in areas mostly focused on equity research.
Idjarmizuan reads finance at Western Michigan University, Kalamazoo, Michigan, USA from 1995-1997.
BIOGRAPHY OF THE SPEAKERS
BUSINESS START-UP FUND (BSF)
Scope
Commercialising early stage technology-based product
and services.
Objective
To provide funding to support and encourage
entrepreneurship and creation of a potentially
viable strategic businesses within a technology eco-
system
BSF FUNDING STURUCTURE
Convertible Promissory Note (CPN)
8 years (3 years
grace period)
RM5.0 million or
90%
3.5% based on reducing
balance method
Convertible to Ordinary
Shares
Convertible to RCCPS
WHO CAN APPLY?
Target Group
(Technology based companies)
High novelty / innovative
product
Spin off companies
Self-funded by entrepreneurs
Collaborative research
55
Start Up
Technology commercialisation
70% owned by Malaysian Individuals
Suitable qualification & experience
Financial capability
Project in Malaysia
Eligibility Criteria
ELIGIBILITY CRITERIA
56
ELIGIBLE EXPENSES - BSF
All costs related to the operating expenses and capital expenses except for :
•Purchase of building and land
•Activities or machine/equipment already funded via banks or other grants
Competitive Advantages
i. Localizes the production of choke valves and control
valves which assist in minimizing Malaysian oil and
gas industry’s dependency on foreign technology.
ii. Introduces new job opportunities for local graduates in
oil and gas engineering.
iii. Contributes to the reduction of cost in the procurement
of replacement parts which are integral in the
maintenance of local oil and gas platform.
Manufacture of control and choke valvesAchievements
i. Awarded with the Petronas’ Vendor
Development Status (VDP) for the supply of
choke valves in February 2016
ii. Project Delivered: Supply of choke valves for
Petronas Carigali Turkmenistan.
iii. Competed against three other companies in
USA, Netherland, and Canada
Manufacturing Of High Resolution Intelligent
Pigging Equipment for the Provision of Oil and Gas
Pipeline Inspection Services
Achievements
i. Penetrated the Indonesian (PT Farrel and PT Prisma)
and Chinese (Jing-Jie Group) Oil and Gas Industry.
ii. Potential Market: Dubai (Danway Group of Dubai)
iii. Since its inception in 2012, MOSB continues to
demonstrate healthy year-on-year growth in revenue.
From 2014 to 2015, the company’s sales record
doubled from RM 1,005,422 to RM 2,110,242.
Competitive Advantages
i. Provides local customized oil and gas pipeline
inspection and electronic cleaning solution for global
oil and gas industry
ii. Enhancing the efficiency of local oil and gas logistic.
RVR DIAGNOSTICS SDN
BHDManufacturing HIV & Syphilis diagnostic test kits
Achievements
i. RVR was recently awarded with a RM10m contract
to supply Dengue Point-Of-Care Testing (POCT)
and 800k contract to supply Drug of Abuse (DOA)
POCT kits by Ministry of Health (MOH).
ii. RVR also engages in supply contract with
Chembio to supply HIV/Syphilis POCT kits for
markets other than Malaysia. The supply contract
is expected to begin in July 2016 and it is valued at
RM 10m
Competitive Advantages
i. Provides a superior alternative in regard to the
diagnose/detection of Dengue, HIV, Syphilis and
DOA for the local medical field.
ii. The early detection that is provided by the POCT
can contribute to the reduction of local dengue’s
mortality rate.
GANDA KOTA SDN BHDThe mass production and commercialize special
nuggets / chip using innovative processes
Achievements
i. The second best performer among BSF
companies in term of annual revenues.
ii. The company, through various localized
brands, has expanded its coconut
chunks/nuggets into the following notable
countries: Japan, Korea, Australia and Egypt.
The company is currently attempting
penetrate into the US market.
Competitive Advantages
i. The company has successfully penetrated
overseas mature market which demands
rigid quality inspection. This serve as the
template for the other local food
manufacturer to emulate.
BUSINESS GROWTH FUND (BGF)
Objective
To bridge the financing gap between early stage between early stage of commercialisation and expansion stage investment for high growth technology companies and also providing a follow-
on funding to scale-up
BGF FUNDING STURUCTURE
Redeemable Convertible Preference
Shares (RCPS)
5 yearsUp to RM10.0
million
0% coupon and 10% IRR
4.5% coupon and 6.5% IRR
or
Convertible to Ordinary
Shares
WHO CAN APPLY?
The BGF is open to allhigh growth technologybased companies withbusiness activities in anysector i.e.manufacturing, O&G,agriculture, healthcareetc.
64
Technology based companies
Minimum revenue of RM1.5m
Growth trend in revenue within the last 2 years
Generated at least a profit (after tax)
Eligibility Criteria
ELIGIBILITY CRITERIA
65
ELIGIBLE EXPENSES - BGF
All costs related to the operating expenses and capital expenses except for :
•Purchase of building and land
•Activities or machine/equipment already funded via banks or other grants
FUNDING PROCESS
Approval Process
Technical Committee
Approval Committee
45 DAYSPOST
APPROVALDD
Application Due Diligence
Monitoring
Value Added Services
Tech Centres
EVALUATION
Management
Business Model / Financial Model
Marketing Strategies
Product
Technology
Financial
Operation
Potential Market
VAS
Business Plan
Market Dev.
Gov. Regulatory
Technology Dev.
Structuring & Collaboration
IPR Mgmt
Fundraising
Business Dev.
Project Mgmt.
Financial Planning & Sourcing
VALUE ADDED SERVICES
by :MEOR RAFEQ
BIOGRAPHY OF THE SPEAKERS
Meor Rafeq Md Rejab holds the post of Vice President, Special Projects and Halal Fund, Malaysian Technology Development Corporation (MTDC).
He started his career way back in 1989 and has more than fifteen years of experience working with several Multi-National Corporations in Penang with exposure in the manufacturing sector where he began his career as a test engineer in Motorola. He later moved to Hewlett Packard and Agilent Technologies holding positions of Engineering Manager and Production Manager respectively. His last position before joining MTDC was as the Manager of Marketing, Business Development and Commercialization Division in TM Research and Development.
In MTDC, he was initially involved in the Graduate Entrepreneurship Program known as the Symbiosis Program. Symbiosis is an effort to promote the commercialization of R&D output of public universities and research institutions; to increase the number of technology-based start-ups; to equip fresh graduates with entrepreneurial skills; and to provide employment for fresh graduates in a technology-based industry set-up. Prior to that his capacity was to assist and assess grant applications from universities as well as the private sector in securing grants from the Government.
Having been at MTDC for nearly a decade, he now has dual responsibilities, as the Head of Halal Fund Department and Head of Special Projects Department. Halal Fund is the sixth fund recently introduced by MTDC for Halal sector while Special Projects focuses on assisting companies on funding for the Robotics and Automations Solution projects.
Meor Rafeq graduated in Electronics and Communications Engineering from the London Metropolitan University (formerly known as the University of North London) United Kingdom.
Incorporated - 10 March 1992
Initially under the purview of MITI Transferred to MOSTI
Establishment - National Council for Scientific Research and Development (NCSRD)
Objective - to promote technology transfer via Commercialisationactivities from the public universities
MTDC’s BACKGROUND
251997-2017
FUNDING OVERVIEW
• CRDF – COMMERCIALISATION OF R&D FUND
• TAF - TECHNOLOGY ACQUISITION FUND
RMK 8 – 11
2000-2020
• BSF – BUSINESS STARTUP FUND
• BGF – BUSINESS GROWTH FUND
• BEF – BUMIPUTERA EXPANSION FUND
RMK 10 – 11
2011-2020
• HTDF – HALAL
TECHNOLOGY
DEVELOPMENT FUND
RMK 11
2016-2020
2000 2020
To focus on commercialisation of public sector research results
To identify and transfer emerging and strategic technologies for adoption by industries
identify, finance and develop potential companies in strategic technology areas
NEWS
NEWS
EXHIBITIONS
TARGET
Worldwide, the spending on global halal food and lifestyle
products is estimated to rise by 10.8% every year until 2019,
creating an international industry worth US$3.7 trillion,
according to a Global Islamic Economy Report.
The halal food sector alone is estimated to grow to
US$2.537 trillion by 2019, up from US$795 billion in 2014,
which is 21.2% of global food expenditure.
HALAL TECHNOLOGY DEVELOPMENT FUND (HTDF)
• Halal Technology Development Fund (Halal Fund) is specifically designed tonurture and finance Small and Medium Enterprises (SMEs) for long termgrowth and export-driven through halal-compliant activities.
• The primary focus of Halal Fund is to provide companies with access to thebest advisory services and networks. The activities include halal productdevelopment and processes, services and regulatory compliance. Theactivities are part of an effort to overcome barriers and hurdles to bringhalal products/services to market.
• Halal Fund also provides an opportunity for companies to create innovationpartnership with university/research institution/halal related agencies orsolution providers to address technical challenges in the development ofnew halal products/services.
OBJECTIVE
• To increase the economic contribution of Halal sector SMEsthrough export of halal products/services.
• To create employment opportunities for locals in halal-compliantindustry.
• To develop, nurture and increase the participation of SMEs inhalal-based industry set-up.
• To equip and enhance SMEs to develop and market halal-compliant products/services for the export market.
• To optimise returns and achieve capital growth for technology-based companies involved in halal-compliant activities.
• To develop Malaysia as a hub for production of halal-basedproducts and services for the international market.
Halal Technology Development Fund (Halal Fund) is divided into 2 categories:
H A L A L F U N D 1
H A L A L F U N D 2
CATEGORY
H A L A L F U N D 1
HALAL FUND 1
Introduction
• Halal Fund 1 is a partial grant dedicated to grow SMEfrom small to medium companies with the application oftechnology in halal related products/services for localmarket.
HALAL FUND 1
Basic Eligibility Criteria for Halal Fund 1
• Small and Medium Enterprise (SME).
• The company is incorporated under the Companies Act 1965.
• The company must be at least 60% owned by Malaysian(s).
• The company has already obtained halal certification from Department of Islamic Development Malaysia (JAKIM).
• The company must not be a subsidiary of a GLC/MNC.
• Significant business sustainability and viability.
Funding Quantum (Partial Grant)
• Halal Fund 1 provides funding in the form of partial grants
with a maximum of RM 2 million or 70% of the eligible
expenses (whichever is lower).
HALAL FUND 1
Eligible expenses
• Consultation fees and technical training.
• Cost of certifications and standards compliance.
• Development of product branding, packaging and labelling, safety and market compliance/demographic preference.
• Technology transfer fee.
• Equipment and machinery.
• Product listing fee.
• Advertisement, marketing and promotional activities.
• Financial, business, technical and marketing advisory services.
HALAL FUND 1
CONSULTATION FEE
& TECHNICAL TRAINING
COST OF CERTIFICATIONS
& STANDARDS COMPLIANCE
DEVELOPMENT OF PRODUCT
BRANDING, PACKAGING &
LABELLING, SAFETY
& MARKET COMPLIANCE/
DEMOGRAPHIC PREFERENCE
TECHNOLOGY
TRANSFER FEE
EQUIPMENT &
MACHINERY
FINANCIAL, BUSINESS,
TECHNICAL & MARKETING
ADVISORY SERVICES
ELIGIBLE EXPENSES
HALAL FUND 1
Payback
• 12.5% of the total approved from grant amount.
• Zero interest payment to start from the third year on installment basis for a period of not more than 24 months.
Project duration
• 4 years.
PROJECT IMPLEMENTATION
2 YEARS
PAYBACK PERIOD
2 YEARS at 0 %
H A L A L F U N D 2
HALAL FUND 2
Introduction
• Halal Fund 2 is a partial grant dedicated to grow SMEfrom medium to large companies with the applicationof technology in halal products or services for exportmarket.
HALAL FUND 2
Basic Eligibility Criteria for Halal Fund 2
• Small and Medium Enterprise (SME).
• The company is incorporated under the Companies Act1965.
• The company must be at least 60% owned by Malaysian(s).
• The company has already obtained halal certification fromDepartment of Islamic Development Malaysia (JAKIM).
• The company must not be a subsidiary of a GLC/MNC.
• Significant business sustainability and viability.
• The products or services are targeted for export market.
HALAL FUND 2
Funding Quantum (Partial Grant)
• Halal Fund 2 provides funding in the form of partial
grants with a maximum of RM 4 million or 70% of the
eligible expenses (whichever is lower).
HALAL FUND 2
Eligible expenses
• Consultation fees and technical training.
• Cost of certifications and standards compliance.
• Development of product branding, packaging and labelling, safetyand market compliance/demographic preference.
• Technology transfer fee.
• Equipment and machinery.
• Financial, business, technical and marketing advisory services.
• Export promotional activities.
• Engagement with foreign partner as distributor/agent.
ENGAGEMENT WITH
FOREIGN PARTNER
AS DISTRIBUTOR /
AGENT.
CONSULTATION FEE &
TECHNICAL TRAININGCOST OF CERTIFICATIONS &
STANDARDS COMPLIANCE.
DEVELOPMENT OF PRODUCT
BRANDING, PACKAGING &
LABELLING, SAFETY
& MARKET COMPLIANCE/
DEMOGRAPHIC PREFERENCE.
TECHNOLOGY
TRANSFER FEE.
EQUIPMENT &
MACHINERY.
FINANCIAL, BUSINESS,
TECHNICAL & MARKETING
ADVISORY SERVICES.
EXPORT PROMOTIONAL
ACTIVITIES
ELIGIBLE EXPENSES
HALAL FUND 2
Payback
• 12.5% of the total approved from grant amount.
• Zero interest payment to start from the third year on installment basis for a period of not more than 24 months.
Project duration
• 4 years.
PROJECT IMPLEMENTATION
2 YEARS
PAYBACK PERIOD
2 YEARS @ 0 %
% RM
PARTIAL GRANT 70 4,000,000
SELF FUNDED 30 1,700,000
PROJECT COST 100 5,700,000
PAYBACK 12.5 500,000
12.5% of RM4,000,000 = RM 500,000
FUNDING EXAMPLE
HALAL FUND 1 2
COMPANY SMALL MEDIUM
AMOUNT RM 2,000,000 RM 4,000,000
FOCUS LOCAL MARKET EXPORT MARKET
FUND PARTIAL GRANT 70 : 30
IMPLEMENTATION YEAR 1 and YEAR 2
PAYBACK YEAR 3 and YEAR 4
PAYBACK AMOUNT 12.5 % of grant approved amount
INTEREST 0 %
COLLATERAL NONE
SUMMARY
1. Closing Date ?
2. Not yet HALAL certified ?
3. Paid-up capital ?
4. Sole Proprietary vs. Sdn. Bhd. ?
5. CTOS and CCRIS ?
6. Processing Time ?
7. Pay first or claim later ?
8. Project fail?
9. Success rate ?
FAQs
1. FOOD
2. INGREDIENTS & ADDITIVES
3. COSMETICS
4. PHARMACEUTICALS & NUTRACEUTICALS
5. DRUGS & VACCINES
6. LOGISTICS
7. TOURISM
8. ISLAMIC FINANCE
HALAL SECTORS
DEFINITION
Definition of Small and Medium Enterprise
The new Small and Medium Enterprises (SME)definition in Malaysia as approved by the NationalDevelopment Council effective 1 January 2014 is as
follow:
A business will be deemed as an SME if it meets eitherone of the two specified qualifying criteria, namelysales turnover or full-time employees, whichever islower.
SME CLASSIFICATION
Size Annual Sales Turnover Full-Time Employees
Micro < RM300,000 < 5 employees
Small RM300,000 - RM15 million 5 - 75 employees
Medium RM15 million - RM50 million 76 - 200 employees
Size Annual Sales Turnover Full-Time Employees
Micro < RM300,000 < 5 employees
Small RM300,000 - RM3 Million 5 - 30 employees
Medium RM3 million - RM20 million 31 - 75 employees
MANUFACTURING SECTOR
SERVICE AND OTHER SECTOR
Go back page 8
mtdc.com.my
Business Expansion Fund
(BEF) By Syarir Zainol
BIOGRAPHY OF THE SPEAKERS
Syarir Zakwan Zainol holds the post of Assistant Vice President, Business
Expansion Fund (BSF) since October 2015. He obtained the Bachelor of Business Administration (Hons.) Finance from Universiti Teknologi Mara (UiTM) in 2009. Since then, he held numerous positions such as Equity & Commodity Dealer, Equity Analyst and Investment Analyst. Among the companies he did work with were Standard Chartered Bank, OSK Investment Bank, ECM Libra Investment Bank and A-Bio Sdn Bhd.
BUSINESS EXPANSION FUND (BEF)
Objectives
•Accelerate expansion of Bumiputera technology-based
companies
•Build “commercial” value to make companies attractive for
follow-on financing
•Group of icons of internationally successful Bumiputera companies
Scope
Funding high performing Bumiputera companies at
expansion stage
BUSINESS EXPANSION FUND (BEF)
Funding structure
Redeemable Convertible Preference Shares (RCPS)
5 years Convertible to
ordinary shares
RM15.0 million
10.0% IRR
WHO CAN APPLY?
High performing bumiputeracompnies
Company with element of technology
Expanding locally or internationally
3 years in operation & RM5
mil revenue
Bumiputera-majority
shareholding
107
Shareholding Structure
FUNDING PROCESS
Approval Flowchart
Technical Committee
Approval Committee
45 DAYSAVASDD
Sector Number of company
Oil and gas 1
Aquaculture 1
Medical devices 1
Advance material 1
Manufacturing 1
Food and beverage 1
Telecommunication 1
JUMLAH 7
APPROVAL BY SECTOR AS OF 30 JUNE 2016
VAS
Business Plan
Market Dev.
Gov. Regulatory
Technology Dev.
Structuring & Collaboration
IPR Mgmt
Fundraising
Business Dev.
Project Mgmt.
Financial Planning & Sourcing
VALUE ADDED SERVICES
MGV INDUSTRIES SDN BHD
Expansion of beverage manufacturing facility
2015 Revenue = RM12 mil
Approval year = 2016
FORESIGHT INDUSTRIES SDN BHD
Expansion of medical device manufacturing facility
Approval year = 2015
2015 Revenue = RM23.4 mil
EVALUATION
Management
Business Model / Financial Model
Marketing Strategies
Product
Technology
Financial
Operation
Potential Market
