| Grant for MSC-Status Companies |
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| Ministry Of Science,Technology and the Environment |
| (A) INDUSTRY RESEARCH AND DEVELOPMENT GRANT SCHEME (IGS) |
| Objective |
| To encourage Malaysian companies to be more innovative in using and adapting to the existing and new technologies, products and processes as well as promoting closer cooperation between private and public sector. The scheme would facilitate Malaysian companies to establish strategic global and regional linkage in R & D to enhance indigenous technology development. |
| Maximum Financing Limit |
| Based on the merits of each application but not exceeding 70% of the approved project cost. |
| Implementing Agency |
| IGS Inter-Agency Secretariat |
| Eligibility criteria |
| - Malaysian majority-held or joint-venture companies |
| - Collaboration with local public research institutions o universities is a requirement and the approved R&D proposals to be undertaken in Malaysia |
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