SMI FUNDING stands out as the best financial advisory firm offering a full consultancy package for the Strategic Research Fund (SRF) Grant. With a solid reputation for guiding clients through complex funding schemes, SMI FUNDING helps research institutions, universities, and businesses navigate the intricate application process for this competitive grant under the Ministry of Science, Technology and Innovation (MOSTI). Their experienced consultants provide end-to-end support, ensuring that all submissions align perfectly with the requirements and strategic goals of the ministry.

The SRF Grant is part of the government’s commitment to boost science, technology and innovation in Malaysia, and SMI FUNDING has positioned itself as a vital partner in this mission. Their team is well-versed in MOSTI’s focus areas and helps clients tailor proposals that fit into the priority areas outlined by the government. These areas often include emerging technologies, green solutions, and advanced research projects that support national development.

What sets SMI FUNDING apart is their deep understanding of how technology and innovation MOSTI initiatives are structured. They not only assist in grant writing but also in identifying the right funding schemes for each project, ensuring applicants maximize their chances of approval. Whether it’s early-stage research or product commercialization, SMI FUNDING ensures that each application is backed by strong strategic insights and financial planning.

In a landscape where funding is highly competitive, partnering with a seasoned advisory like SMI FUNDING significantly enhances success rates. Their expertise in the Strategic Research Fund SRF application process, paired with a clear understanding of the policies and expectations of the Ministry of Science Technology, makes them the go-to consultancy for organizations aiming to lead in innovation and scientific advancement.

  Eligibility Requirements for SRF-APP Fund Applications for Technology-Based SMEs and Start-ups
Technology- and innovation-driven Small and Medium Enterprises (SMEs) and Start-ups must adhere to specific eligibility conditions to qualify for the SRF-APP funding program.

  Business Registration
Only companies and businesses registered with the Companies Commission of Malaysia (SSM) are eligible. However, for businesses operating in Sabah and Sarawak, registration with the relevant Local Authority is accepted.

  Definition of a Start-up
A Start-up is defined as an early-stage enterprise enabled by technology or innovation, possessing a scalable business model and aiming for high growth.

  Start-up Eligibility Criteria
To be eligible, Start-ups must meet the following requirements:
i. Be registered with SSM;
ii. Hold majority ownership by Malaysian citizens (>50%);
iii. Have a minimum paid-up capital of RM10,000.00;
iv. Be managed by at least two (2) directors;
v. Operate a business grounded in or related to technology and innovation;
vi. Have been in operation for no more than five (5) years.

  Additional Conditions for Companies with Non-Malaysian Majority Ownership (<50%)
i. Must demonstrate proof of concept (POC) or possess a working prototype;
ii. Operate within Malaysia;
iii. Employ at least 70% Malaysian citizens.

  Funding Structure for SMEs, MNCs, and Large Companies
For SMEs, Multinational Corporations (MNCs), and Large Enterprises, the SRF-APP fund operates on a matching grant basis. Companies must contribute a minimum of 30% of the total project cost, either in cash or in-kind.

  Collaboration Requirements
Applicants must collaborate with strategic industry partners or relevant stakeholders to support the commercialisation of their projects.

  APP's Role in the Project
The Approved Project Partner (APP) may participate as a service provider but cannot act as a collaborator, to prevent conflicts of interest.

  Agreement Between APP and Entity
A mutual agreement outlining project implementation plans and fund disbursement methods must be established between the APP and the applicant entity at the proposal stage to ensure seamless execution post-approval.

  Applicant Background
Neither the applicant nor any project team member should have a history of fraud or bankruptcy.

  Company Status
The applicant company must not be under liquidation, receivership, dissolution, or have been convicted of fraudulent activities.

  Project Leader Eligibility
A Project Leader must be a Malaysian citizen, but may include international members or expatriates from the same institution as part of the project team.

  Non-Malaysian Project Leaders
Project Leaders who are non-Malaysian citizens are eligible to apply provided:
i. They hold a valid work permit throughout the project duration;
ii. Their team includes at least one Malaysian citizen from the same institution.

  Project Limitation for Leaders
Each Project Leader is allowed to lead only one project approved under MOSTI at any given time.

  Employment Validity for Contract Researchers
Researchers from Government Research Institutions, Government STI Agencies, and Higher Education Institutions must ensure their employment contracts remain valid for the entire project period.

  Project Team Competency
Project teams must consist of technically competent and qualified individuals. Each member must submit a detailed CV highlighting their field of expertise, relevant experience, and notable achievements.

  Multiple Applications
Applicants may submit more than one application for different projects, provided they have sufficient human and financial resources to manage them effectively.

  Project Location
All proposed projects must be executed within Malaysia.

  Priority Area Projects
For projects falling under MOSTI’s priority areas, proposals must be in the pre-commercialisation phase and demonstrate at least a proof of concept or working prototype.

  Disclosure of External Funding
Project Leaders are required to notify MOSTI if they receive funding for the same project from any other external source.

Scope of Funding – SRF-APP

1. Purpose of Financing

1.1 The SRF-APP fund is designed to accelerate the advancement of Science, Technology, Innovation, and the Economy (STIE) by supporting projects that drive impactful research, foster the development of breakthrough technologies, introduce innovative products or processes, or enhance existing solutions. These initiatives are aligned with national interests and strategic priorities, as set forth in the National Science, Technology, and Innovation Policy (DSTIN), aiming to deliver tangible benefits to society and the broader economy.

1.2 In addition, the fund champions the execution of high-impact programs that address real-world challenges articulated in the Malaysian Grand Challenges (MGC), as well as other pressing national strategic agendas. By bridging gaps between innovation and implementation, SRF-APP plays a vital role in delivering forward-thinking solutions for Malaysia’s future.

Key Areas Supported Under the SRF-APP Scheme

The SRF-APP financing covers a comprehensive range of components critical to the successful execution of research and innovation projects, including but not limited to:

• G09: Acquisition of technologies or IP to complement and accelerate innovation outcomes.

• G01: Development and construction of pilot plants or working prototypes.

• G02: Execution of pre-clinical, clinical, non-clinical, field trials, stress testing, or user acceptance testing to validate and optimize outcomes.

• G03: Securing Intellectual Property (IP) rights to protect innovations and strengthen market positioning.

• G04: Conducting in-depth market research and evaluation to determine feasibility, demand, and potential adoption.

• G05: Activities to ensure regulatory compliance and adherence to relevant industry standards.

• G06: Engagement of specialized services essential to the project's success (e.g., expert consultations, technical assessments).

• G07: Procurement of raw materials and consumables directly tied to the project’s objectives.

• G08: Administrative costs necessary for the effective coordination and management of the project.

At SMI FUNDING, we simplify your journey to financial success by connecting you with the right government agencies, banks, and lenders—all in one place. Whether you're looking for a business loan, personal loan, home loan, or a government grant, we help you compare rates and offers so you can choose what’s truly best for your needs. With direct access to all major financial institutions and government bodies in Malaysia, we are confident in securing the best possible deal tailored just for you.

But we don’t stop at just comparing rates. Our experienced consultants go a step further by identifying the most suitable grants that you're eligible for—grants that you may not even know exist. To make it even easier, we offer a FREE 45-minute Zoom consultation, where we provide expert advice on which grants you can apply for and how to increase your chances of success.

From start to finish, SMI FUNDING’s team ensures a smooth, stress-free application process. We help you prepare your documentation properly, handle communications with relevant authorities, and manage any issues that arise along the way. Our in-depth knowledge of the approval process and what officers are really looking for means we know the right things to say to get your application approved—faster.

Let us handle the complexities, so you can focus your time and energy on what matters most—growing your business. With SMI FUNDING, you’re not just applying for financial help—you’re partnering with a team that’s committed to getting you funded.