Funding Guidelines

The total grant amount shall not exceed RM150,000.

The committed disbursement period shall not exceed 18 months.

A.

Mobilisation

B.

Expenses directly related to the development of prototype

CFSB allows you to receive an upfront payment for mobilisation of a maximum of 5% of the total
proposed grant amount. This amount is given as an advance to you to acquire expense items that are
crucial and critical in the development of your idea. No allowances are allowed to be given out at this
stage. The remaining claims will be made on a reimbursement basis, subject to validity and sufficient
supporting documents for claim verification.

CFSB requires you to utilise a minimum of 70% of the total approved grant amount for development
of the prototype.

Listed below are the allowable expenses that are eligible to claim for the prototype development.
1. Prototype development and refinement including outsourcing fees and expenses such as
rapid prototyping, professional programmers, design engineers, technical drawings etc.
2. Raw material and equipment
3. Up to 100% funding on cost for specific purpose hardware and software, where applicable
4. Up to 50% funding on cost for general purpose hardware and software (PC, laptop, mobile
device etc.), where applicable
5. Web hosting/server hosting - limited to the disbursement period.
6. Prototype testing including product sampling for customer survey or beta testing purposes
7. Certification or endorsement from 3rd party

C.

Expenses not directly related to prototype development

CFSB allows you to utilise up to 30% of the total proposed grant amount for non-developmental
expenses.
Listed below are the allowable expenses that are eligible to claim under non-developmental expenses.

1. Outsourcing fee that includes consultancy fee and professional Services fee such as business
plan preparation.
2. IP filing and registration such as trademark filing, patent search, patent filing.
3. Legal consultancy fee such as agreement drafting, service / sales contract etc.
4. Pre-commercialisation expenses including trade show which includes booth rentals, belowthe-line (BTL) collaterals which include brochures for marketing purposes, search engine
optimisation (SEO), social media advertisement etc.
5. CMT allowances (Part-time or Full-time). This allowance is not meant to replace to salary /
employment income and should be guided as follow:a. Part-timer: maximum of RM1,000-00 per team member per month
b. Full-timer: maximum of RM1,500-00 per team member per month
6. Rental / Lease of incubator / Rental of laboratory
a. Limited to RM6,000-00 or RM500-00 per month
7. Miscellaneous expenses
a. Limited to 1.5% of total funding.
8. Mentor Fees
a. Mentor fees is a compulsory allocation. You may proposed the mentors for your idea
but subject to approval by CFSB. Otherwise, a mentor will be allocated to your team
by CFSB. The mentor fees is payable from the grant amount and guided by the
following:i.
One mentor appointed for the duration of the funding RM10,000-00; or
if
ii.
Two mentors appointed for the duration of the funding RM 15,000-00
(RM7,500-00 each mentor); or if
iii.
Three mentors appointed for the duration of the funding RM 15,000-00
(RM5,000-00 each mentor)