[6] Research Funds

Research funding is a term generally covering any funding for scientific research, in the areas of both "hard" science and technology and social science. The term often connotes funding obtained through a competitive process, in which potential research projects are evaluated and only the most promising receive funding. Such processes, which are run by government, corporations or foundations, allocate scarce funds.

Most research funding comes from two major sources, corporations (through research and development departments) and government (primarily carried out through universities and specialized government agencies). Some small amounts of scientific research are carried out (or funded) by charitable foundations, especially in relation to developing cures for diseases such as cancer, malaria and AIDS. [Wikipedia]

In Malaysia, one of the main source of research funds is from Ministry of Science, Technology & Innovation (MOSTI). MOSTI provides grants for research. Funds available are placed under specialized schemes, such as ScienceFund, TechnoFund (Pre-commercialization and IP acquisition fund), InnoFund (Enterprise innovation and community innovation fund), eHCD (Human capital development fund), eIRPA and the Brain Gain fund.

Sources of research funds in Malaysia.