Norhalim is seen giving the opening remarks and a brief introduction on MTDC at Road2Funding 2016 held at Pullman yesterday.
KUCHING: The Malaysian Technology Development Corporation (MTDC) hosted Road2Funding 2016 to provide technopreneurs in Sarawak, wider access to funding and to take up commercialisation of indigenous technology and innovation for the mass-market roll out.
The one-day event was attended by 100 participants, mainly students, researchers and technology-based entrepreneurs.
“This event will not also get technology entrepreneurs closer to understanding the role of MTDC and the multitudes of support available for them to grow their businesses, it is also a platform for business networking and business matching between the industry, government and academia.” says Datuk Norhalim Yunus, chief executive officer (CEO) of MTDC.
Besides briefing sessions on MTDC funds, business clinic and networking session, the event also featured poster exhibition for Universities to display their potential technology researches for commercialisation.
As a subsidiary of Khazanah Nasional Berhad and an agency under MOSTI, the Government has entrusted MTDC to manage multiple matching funds since the Seventh Malaysia Plan until today.
In the 9th Malaysia Plan (9MP) and 10th Malaysia Plan (10MP) alone, companies that
were recipients of MTDC’s Commercialisation of Research and Development Fund (CRDF) and Technology Acquisition Fund (TAF) generated a total of RM1.974 billion in sales and contributed towards the creation of 5,261 new jobs and a total of 465 Intellectual Property Rights were filed.
“At MTDC we offer Commercialisation of Research and Development Fund (CRDF),
Technology Acquisition Fund (TAF), Business Startup Fund (BSF), Business Growth Fund (BGF), Business Expansion Fund (BEF) and the latest, Halal Technology Development Fund (Halal Fund) to assist companies and entrepreneurs at differentlevel of business undertakings.
Road2Funding 2016 is free and open to entrepreneurs, researchers, and inventors, members of business chambers and business associations as well as State Government officials in charge of entrepreneur development. The roadshow is part of a nationwide programme organised by MTDC this year.