PUTRAJAYA: Many companies, whose research and development (R&D) activities were funded through the Industry Research and Development Grant Schemes (IGS), have successfully commercialised their products and technologies.
Science Technology an Environment Minister Datuk Seri Law Hieng Ding said that at least 11 such companies, which had received a combined grant of RM25.12mil since 1998, have commercialised their technologies, with returns amounting to RM63.08mil or 251% of the total grant.
