BiotechCorp has partly converted a full loan scheme into a grant to encourage commercialization within the BioNexus program
Singapore: Malaysia, which is making an all out effort to boost its biotechnology industry and give it a competitive edge in the region through various policy initiatives, has decided to enhance its Biotechnology Commercialization Fund (BCF). The decision to make the change in the program under the Tenth Malaysia Plan came after a meeting of the Biotechnology Implementation Council on 30 October 2012. A statement on the BiotechCorp website announcing the change says, "In order to further encourage commercialisation within the BioNexus program, we would like to announce that the BCF program previously based on a full loan scheme will now be partly converted into a grant scheme."
To read the original article: Malaysia enhances biotech commercialization fund - BioSpectrum Asia
