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The commercilization grant as one innitaitive by government to reduce the failure in commercilize the prototype. The one of the failure that always facing is unable to market the prototype after research and development completed.
To help the business entity, Malaysia government introduce the commercilization grant in order to help in therm of financing while doing the commercilization. This grant is matching grant (90:10) can be from RM 500,000 up to RM4,000,000 by several agencies and ministry and the approval based on the criteria and guidelines.
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