MOSTI launches Malaysia Grand Challenge, supported by 5 funds 08 Jan 2021 / 15:48 H.
PUTRAJAYA: The Ministry of Science, Technology and Innovation (MOSTI) has launched the Malaysia Grand Challenge (MGC), which is supported by five research and development (R&D) funding schemes amounting to RM220 million under the Pemacu Strategic Technology Fund (PEMACU).
The schemes are namely the Strategic Research Fund (SRF), Technology Development Fund 1 (TeD1), Technology Development Fund 2 (Ted2), Bridging Fund (BGF), and the Applied Innovation Fund (AIF), for which 114 products are expected to be commercialised this year.
Science, Technology and Innovation Minister Khairy Jamaluddin said the MGC was aimed at spurring the country’s research, development, commercialisation and innovation (R&D&C&I) activities in the quest to prioritise science, technology and innovation to turn Malaysia a high-tech country.
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Malaysia Ruling Coalition Split Over Whether to Call Snap Polls Bloomberg 1/7/2021 Anisah Shukry © Bloomberg Ahmad Zahid Hamidi, president of the United Malays National Organisation, center, waves as he arrives at the residence of Malaysian Prime Minister-designate Muhyiddin Yassin in Kuala Lumpur, Malaysia, on Sunday, March 1, 2020. Muhyiddin, 72, was named prime minister on Feb. 29 by the country s monarch to end a six-day tussle for power after Mahathir Mohamad suddenly resigned on Monday due to bickering in his former coalition.
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