Other funds are channeled through Malaysian Technology Development Corporotion (MTDC), an agency under the Ministry of Science, Technology and Innovation (MOSTI). MTDC is an integrated venture capital solutions provider involved in nurturing and developing world-class Malaysian technology companies. Funds managed by MTDC are:

• Malaysia Life Science Capital Fund (MLSCF)
  
  

  • The Malaysian Life Sciences Capital Fund (MLSCF) is a newly formed life sciences venture fund specializing in early stage investments in the areas of agriculture, industrial and healthcare biotechnology. Co-managed by Malaysian Technology Development Corporation Sdn Bhd (MTDC) and Burrill & Co., the fund was founded in late 2006 and currently has USD150 million in committed capital.

  
  

• Technology Acquisition Fund (TAF)
  
  

  • Technology Acquisition Fund (TAF) Established to facilitate the acquisition of strategic and relevant technology by the Malaysian Industrial Sector, it provides partial grant to further promote efforts by the private sector to acquire new technology and to enhance their technology level and production processes. It Provides funding for Malaysian companies to acquire foreign technology for immediate incorporation into the companies' manufacturing activity. There are two types of TAF:
    
    

  

   

  For further information, please contact:
  Malaysian Technology Development Corporation (MTDC)
  Tel : 603-21652765
  Fax : 603-21637549
  Email : mariamah@mtdc.com.my