The Technology Acquisition Fund (TAF) is intended to facilitate the acquisition of strategic and relevant technology by the Malaysian companies. TAF provides partial grant to further promote efforts by the private sector to enhance their technology level and production processes. The objectives of TAF are as follows :
to promote technology upgrading through the introduction and utilisation of technologies in the manufacturing and physical development of existing and new products or processes;
to enhance the competitiveness level of Malaysian companies to compete globally; and
to increase wealth creation and technology content of Malaysian companies via acquisition of foreign technology.
Allocation Kindly contact Malaysian Technology Development Corporation (MTDC) directly should the information is required.
Who Can Apply
Incorporated Malaysian manufacturing companies (SMEs and large corporation) excluding GLCs, public listed companies and their subsidiaries.
Approved Activities
TAF will fund Acquisition of technology (know-how/patent rights/prototype/design) via the following methods:
licensing;
non-exclusive purchase of technology; and
outright purchase of technology.
Funding The quantum of funding approved under TAF is up to a maximum of 50% or RM2,000,000 whichever is lower depending on the merits of each application.
Grant Recipients
Please check on MTDC website.
Submission of Application and Communication
All applications and enquiries should be directed to:
Attn:
Malaysian Technology Development Corporation (MTDC)
Level 8-9, Menara Yayasan Tun Razak, Jalan Bukit Bintang,
