Briefing for the grants application will be held as below:
Date : 12 February 2019 (Tuesday)
Time : 9.00am – 11.30am
Venue : Dewan Berlian, Aras 3,Bangunan Wawasan, IRMI, UiTM Shah Alam
Special Invitation : Dr. Norazmi Alias, Senior Vice-President, R&D CREST Grants
Please RSVP your seat here before 8 February 2019 (Friday).
CREST offers the fund via the packages below, each with different incentives:
i. Open R&D Grant
- Aims to promote industry-driven research collaboration areas relevant to E&E sector.
ii. Targeted R&D Grant
- Aims to develop IP in specific domain for benefit of larger ecosystem.
- Cluster focused.
Attachment 1 - CREST-RD-Grant-requirement-C12019 (download here)
Attachment 2 - CREST-RD-Project-Application-Form (download here)
CREST R&D Grant is not limited to E&E discipline but should support E&E industry sector. With accommodating intellectual property arrangement, industry involvement in the research enables the research result to be prepositioned to industry application, increasing the potential for commercialisation at research completion. The Targeted R&D projects will drive new technology development and innovation (products, solutions) for intended market verticals. These will be shaped by the Technology & Market trends input from industry and academia partners.
This is a new category of R&D grant termed as Targeted NPDI, piloted in 2018. It will be similar to Targeted R&D with the emphasis on Minimum Viable Product (MVP) or Proof Of Concept (PoC) validation in the market by specific end user entity. Market and Business Plan will be required as part of New Product Development strategy. The evaluation and review will be held in a pitching and open interview sessions with technical and business review panel. The Research Grant Agreement will include forward looking clause on commercial benefit to CREST in form of equity, licensing or revenue share.
Attachment 2 - CREST NPDI Scheme (download here)
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