ABOUT THE FUND

Research, Development, Commercialisation & Innovation (R&D&C&I) play an important role in the development of science and technology in the economy that is based on knowledge and innovation, inclusive of the rubber industry. Development of technology and the invention of new products and services are important to generate wealth and societal well-being, as well as to improve the country's rubber-related R&D competitive advantages.

MRC Commercialization Fund or "MCF" is introduced to spur new and sustainable value creation for the rubber industry which is driven by a number of high-value products commercialised as outlined by the Dasar Agrikomoditi Negara (DAKN) 2021 –2030.

MCF is offered as a partial grant to the rubber product export cess contributors, and as a zero-interest payback scheme to any other interested non-contributor companies, subject to its terms and conditions.