Concept to Commercialisation Gap Fund (CCGF)

Introduction

High Impact Programme 2 introduces the Concept to Commercialisation Gap Fund (CCGF), which is aimed at assisting local SMEs to fill the gap in the funding landscape and accelerate the development and commercialisation of innovative, market driven products / solutions / services, as well as increasing the creation of Intellectual Property for commercialisation

Objectives
  • To support the development of new technologies or further develop existing technologies through ‘filling in the gaps’ when specific market barriers stop good innovations from reaching the market
  • To support the development of new technologies or further develop existing technologies for the creation of new businesses and generation of economic wealth for Malaysia
  • To undertake market driven R&D towards commercialisation of R&D outputs
  • To encourage institutions, local companies and inventors to capitalise their intellectual work through Intellectual Property (IP) commercialisation
  • To stimulate the growth and increase capability and capacity of Malaysian technology-based enterprises
Financing type
Grant
Financing amount (max)

RM1.2 million per project and up to 36 months. This grant will not fund 100% of required component of funding, in which the company will need to indicate and specify own source of funding and to provide proof

Purpose of Financing
Technology Development
Eligibility criteria
  • Must be a SME with a minimum of 51% equity held by Malaysian citizens
  • The company must have a minimum paid-up capital of RM10,000
  • None of the company directors or project team members have been convicted of any fraudulent activities or the company been declared bankrupt, under liquidation or placed under receivership
  • The proposed project must contain elements of technological innovation leading to commercialisation of innovative products, processes and services
  • There is no restriction as to where the proposed project is in the commercialisation process; however, it must be demonstrated that the innovation has stalled due to lack of funding to cross a specific market barrier
  • The project leader and team members must be competent to undertake the proposed project
Application procedure

Applications are open throughout the year. Information on the CCGF is available in PlaTCOM website (www. platcomventures.com). Applicants can download the latest version of application forms and the guidelines for the CCGF

For further information

Muhammad Lofty Abdul Karim
Assistant Vice President
Commercialisation Specialist
Tel: 03-8319 3116
Email: [email protected]


PlaTCOM Ventures Sdn Bhd
3501, Level 3, Quill Building 3
Jalan Teknokrat 5
63000 Cyberjaya