University of Nottingham Malaysia
News and Events

UNM Welcomes Budget 2024 Boost To R&D For Innovation And Development


Professor Sarah Metcalfe, Interim Provost and CEO

Positive Impact Of Research Activities To Solve Challenges, Advance Society 

Kuala Lumpur, 13 October 2023 – The University of Nottingham Malaysia (UNM) welcomes the Government’s boost for technology and innovation and is in full support of its intention to stimulate research and innovation activities. Under the technology and innovation pillar of Budget 2024, tabled on 13 October, a total of RM510million will be made available as research and development funds under the Ministry of Science, Technology and Innovation and the Ministry of Higher Education. 

Of the total allocation, RM50million is earmarked as a matching grant for public universities to collaborate with the private sector to stimulate research and innovation activities that can be commercialised. A total of RM76 million is also provided to empower the Research and development, commercialisation and innovation (R&D&C&I) ecosystem through the provision of funds to support the commercialisation of products created by business enterprises, NGOs as well as Government departments and agencies. 

“As an institution that is grounded in research excellence, UNM is deeply encouraged to see the Government’s emphasis on an economic growth model led by research, development, and innovation. Malaysia has great potential and a proven track record in producing cutting edge research. We believe the additional support of grants and funds is a step in the right direction to accelerate the research and development of innovative ideas and concepts to address modern day challenges and advance the nation,” said UNM Provost and CEO, Professor Sarah Metcalfe. 

UNM’s world-class research centres around a wide portfolio of interdisciplinary areas, designed to address some of the major challenges in today’s world. This includes creating a healthier, more sustainable, and resilient future, and addresses problems that are global in their reach, but also focussed on finding solutions that improve the lives and livelihoods of people locally and in the ASEAN region. UNM is rated 5-Star under the Malaysian Research Assessment (MyRA) system. 

About University of Nottingham Malaysia  

The University of Nottingham Malaysia (UNM) offers a distinctly British education in an Asian setting with a legacy as the first overseas campus of a UK university to be established globally. UNM is recognised for its excellence in teaching and learning, as well as the outstanding student experience offered on its 48-hectare campus just an hour south of the KL city-centre. UNM's extensive and diverse research community develops solutions that tackle key global challenges in the areas of food, health, the environment, sustainability, and socio-economic issues within the ASEAN region. The University of Nottingham is ranked Top 100 in the QS World University Rankings 2024 and is rated “Competitive” in the SETARA rating system by the Government of Malaysia. Established in 2000, UNM has about 4,500 students from over 75 countries with 15,000 alumni working with the world’s top 100 global brands. 

Posted on 25th October 2023

University of Nottingham Malaysia

Jalan Broga, 43500 Semenyih
Selangor Darul Ehsan

telephone: +6 (03) 8924 8000
fax: +6 (03) 8924 8001

Make an enquiry