Biochemical Engineering Special Interest Group
biological engineering professionals
15 January 2017

RM100m fund for biotech launched in Malaysia

A RM100 million fund for biotechnology companies to take their businesses global has been launched at Bank Negara Malaysia’s (BNM) Karnival Kewangan here yesterday. The government fund, dubbed the Biotechnology Commercialisation Fund (BCF) 2.0, was launched by Science, Technology and Innovation Minister Datuk Seri Wilfred Madius Tangau. He said the funds, which would be given as soft loans, were projected to assist 30 to 50 companies by the end of 2020. Source: New Straits Times 15/1/2017

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