Northern Corridor Economic Region (NCER)
NCER is one of the regions identified under the Ninth Malaysia Plan for the promotion of balanced and equitable national economic development. It covers the four northern states of Peninsular Malaysia: Perlis, Kedah, Pulau Pinang and Perak.
It is one of five economic corridors in Malaysia that was established to ensure equitable distribution of wealth across the country, in line with national aspirations to become a high-income developed nation.
The region’s economic growth and transformation is driven through various initiatives led by the Northern Corridor Implementation Authority (NCIA).
NCER Technology Innovation Center (NTIC)
(NTIC) is One of the programmes under NCER’s “Tech Valley” initiative focusing on…
- The mission to develop talent and industry ecosystem.
- Act as technology enablers and platform for MNC, LLC, SME, technocrats, young entrepreneur and start-up to undertake impactful technology innovation activities.
- Focusing on five thriving sectors as core enablers to drive innovative and sustainable economic development by using the “Quadruple helix” innovation model (Government, Society, Academia, Business)
Check if you’re eligble:
If you are a Centre of Excellence (CoE),
you’re almost there!
Lets see if you pass every criteria by checking them off:
0/5
01
Tell us what you would like to build.
Get a Quote from VeecoTech.
02
Pre-Application
PIC: Applicant
Pre-application form submission to NCIA.
03
Engagement
PIC: Account Manager
VeecoTech will help you get in contact with an Account Manager.
04
VPP Submission
PIC: Applicant
NCIA to send NTIC Value Proposition Plan (VPP) to the applicant.
05
Evaluation
PIC: Account Manager
Project evaluation by NCIA.
06
Recommendation
PIC: Technical Committee
Technical Committee (TC) to recommend the application.
07
Approval
PIC: Approval Committee
Approval Committee (AC) to approve the application.
08
Agreement
PIC: Legal Department, NCIA
Letter of Grant to the applicant.
09
Acceptance
PIC: Applicant
Acceptance from the applicant.
10
Fund Disbursement
PIC: Finance Department, NCIA
Purchase Order (PO) needs to be provided during 1st claim process.
11
Monitoring
PIC: Monitoring & Compliance
12
Output, Outcome & Closure
PIC: Account Manager/Strategic Planning
Cycle time: Within 30 Working days From Completed VPP received until approval.
Areas of Focus & Application
This matching grant is focused on the industries mentioned
below to contribute solutions to the 9 areas of application.
The 5 Economics Sectors of Focus: Core Enablers
Electrical & Electronics
Machinery & Equipment
Aerospace
Medical Technology & Devices
AgriTech
The 9 Areas of Application
Digital Economy
Smart Firming
Digital Tourism
Smart Learning
Great Economy
Smart Supply Chain
Smart Logistics
Smart Machinery
Smart Manufacturing
Our Works
Why Choose VeecoTech?
VeecoTech is a NTIC Matching Grant approved CoE Provider, whose’s diverse expertise, proven track record, and cutting-edge facilities ensure seamless alignment with the NTIC framework and industry standards.
Frequently Asked Questions
Minimum project cost allowed is RM5,000
The application is meant for one application for one Project basis and not by project Phases.
The company should submit VPP form BEFORE project completed.
The contract may be TERMINATED, subject to recommendation from NTIC TC and approval from NTIC AC.
CoE User can get services from more than one CoE Provider for a project and maximum funding is as per criteria set.
A. 1st Payment (25%) for project kickstart
i. Proof of project initiation/verification from CoE Provider
ii. Quotation
iii.Any other supporting documents as per requested by NTIC Secretariat
B. 2nd Payment (75%) for project completion
i. Proof of project completion/ verification from CoE Provider
ii. Invoice
iii.Payment Receipt
iv. Any other supporting documents as per requested by NTIC Secretariat
It will take approximately 30 working days from receipt of the completed VPP until approval from the (AC).
Other than filling up the Pre-approval Form, a brief project proposal on a separate attachment
should also be included with the following suggested project information:
i. Objectives and background;
ii. Deliverables/ outcomes;
iii.Timeline and milestones;
iv. Proposed activities e.g. information on products/ services/ activities,
project location, source of technical know-how; and
v. Costing and financing, e.g. cost items, source of funds.
The NCIT’s Centre of Excellence (CoE) Grant is open to organisation with operations in Perlis, Kedah, Pulau Pinang and Perak to become CoE Users.
As of now the programme is under RMK-12 which is until 2025.
Get a quote from us &
Start applying for the
RM 100k
Matching Grant
