RM1mil fund launched for intellectual property valuation
KUALA LUMPUR: The Domestic Trade and Cost of Living Ministry has allocated RM1 million for a fund to cover the cost of professional intellectual property valuation services.
The Malaysian government has allocated RM1 million to establish a fund aimed at covering the expenses associated with professional intellectual property valuation services. The minister responsible, Datuk Armizan Mohd Ali, announced that this fund would enable eligible local companies to obtain professional assessments of their intangible assets, which encompass intellectual property.
Such valuations would serve to formalize the worth of these assets, thereby facilitating banking financing, licensing, and investment opportunities. This initiative is particularly crucial for start-ups and technology-based SMEs that possess valuable intellectual property assets yet often encounter challenges in securing bank financing due to the absence of traditional physical collateral.
Armizan made this announcement during the 2026 National Intellectual Property Commercialisation Conference and Exhibition. In addition to the fund, the government has introduced Malaysia's inaugural Intellectual Property Valuation Module. This module is intended to establish a standardized framework for valuation practices, which will in turn facilitate the development of more consistent valuation standards.
Furthermore, by establishing a structured system for training qualified local intellectual property valuation experts, the module aims to bolster the capacity and expertise within this field. Both the fund and the module are designed to complement each other, with the former supporting companies in acquiring essential valuation services and the latter enhancing the overall quality and professionalism of the valuation process.
Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
