Your Vision,
Our Future
The National Technology and Innovation Sandbox (NTIS) was first announced as part of the Short-Term Recovery Plan (PENJANA) in June 2020 and subsequently launched on 19 August, 2020 by the Prime Minister. A programme that allows researchers, innovators and entrepreneurs to test their products and services in a live environment and qualify for grants to bring those products and services to market. NTIS relaxes certain regulatory requirements to accelerate the development of innovation from the R&D stage to being commercially ready. With an RM100 million allocation, it was tasked with fast-tracking the nation’s aspiration to become an innovation-driven economy.
Spearheaded by the Ministry of Science, Technology and Innovation (MOSTI), with MaGIC as the lead secretariat, NTIS aims to create high-skilled job opportunities to increase Gross Domestic Product (GDP), Gross National Income (GNI) and social inclusion, as well as to enhance the participation, investment and collaboration in research by the private sector.
The vision of NTIS was first conceived with two goals. First is to champion local innovation and to create a smoother pathway for Malaysian technology to get to market. Second, is to use NTIS as a testbed for disruptive technologies that would enable Malaysia to solve some of our grand challenges that have been exacerbated by the pandemic.
Among the missions that the Prime Minister entrusted NTIS to embark are to:
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Drastically reduce dependency on foreign labour
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Increase employment opportunities for Malaysians
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Increase Gross Domestic Product (GDP)/Gross National Income (GNI)
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Enhance the participation, investment and collaboration in research by the private sector
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Improve the country’s commercialisation rate