Penang Green Innovation Incentive Guidelines

Penang Green Innovation
Incentive (PGII) - Winner List

Overview

Penang Green Innovation Incentive is an annual scheme that provides cash grants and assistance for outstanding entries (innovative product, technology or process). For it to be considered, your innovative entry must be original, novel as well as commercially viable and applicable to Penang.

Objective

The Penang Green Innovation Incentive is designed to encourage innovation in environmental sustainability solutions that could be commercially viable and applicable to Penang with a view to tackle environmental degradation or reduce Penang’s carbon footprint.

Application Requirements

To be eligible for the incentive, applicants must meet the following requirements:

Who can apply?

• The incentive programme is open to all Malaysian citizens.
• Applicants can be individuals (amateur or business), groups, or organizations (non-profit, SMEs, students, etc.).

How to apply?

• All applications must be made using the official application form available on the Penang Green Council’s website, www.pgc.com.my.
• Please make sure that the application form is completely filled out before submitting.
• Kindly attach documents that address the Assessment Criteria as outlined below.
• Applicants may submit more than one application, with the condition that the products, technologies or solutions cannot be interrelated. Applications must be submitted in separate forms.
• No entry fee is required.

Submitting your application

• A complete application consists of 2 elements:-
• The official application form(s)
• Attachments that address the Assessment Criteria
• Kindly submit your complete application via postal mail or by hand to:

  PGC Strategies Sdn Bhd
  Penang Green Innovation Incentive
  Tingkat 47, KOMTAR, 10503 Pulau Pinang, Malaysia.

• Once your application is received, it will be recorded and a verification email will be sent.

When is the closing date?

•  The closing date for this year’s application is May 31, 2013 (Friday).
• Applications that arrive after 5.00 pm on May 31, 2013 will not be considered.

What are the benefits?

• Guidance on patent application and mentoring on entrepreneurship and product readiness.
• Seed money of up to RM 50,000 and patent financing of up to RM 50,000.*

  *Total disbursement up to RM 200,000 each year.

How will applications be assessed?

• Applications will be assessed against the Assessment Criteria listed below.
• Shortlisted entries will be invited for an interview.
• The decision of the review panel shall be final.

Programme Timeline for year 2013

Assessment Criteria

The term “innovation” refers to product, technology or process that must be original, novel as well as commercially viable and applicable in Penang.

1. Value: Impact on Environment and Society
   • How will the innovation tackle environmental degradation or reduce Penang’s carbon footprint?
   • Why is the idea more likely to make an impact than a traditional approach to tackle environmental degradation or reduce Penang’s carbon footprint?
   • Does the innovation have distinct, game changing advantages over any alternatives?
   • What is the immediate and longer term impact the innovation has on the environment and society as a whole?
2. Concept: Inspiration and Uniqueness
   • What inspired or influenced the innovation?
   • What is unique or innovative about the innovation? 
   • Does the innovation have the potential to inspire future innovation and innovators?
3. Delivery: Implementation and Availability
   • Business plan.
   • What are the key challenges and plans to overcome anticipated challenges?
   • How will the innovation be delivered and made available to the marketplace?

Terms & Conditions

• Applicants will retain the rights to their proposals.
• Penang Green Council (PGC Strategies Sdn Bhd) reserves the right to suspend or cancel the incentive programme without announcing a shortlists or winners.

Contact us:

Penang Green Council (PGC Strategies Sdn Bhd)
Address:
Tingkat 47, KOMTAR,
Pulau Pinang 10503 Malaysia
TEL: +604-2503321
FAX: +604-2503323
Email:  This email address is being protected from spambots. You need JavaScript enabled to view it.
Website: www.pgc.com.my

*Click here to download the Application Form (in Word)

Guidelines
Individual (link)
Group (link)