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4
THRUST
Financial Sustainability
THRUST 4: FINANCIAL SUSTAINABILITY
INCOME FROM ACADEMIC ACTIVITIES
PERFORMANCE TARGET (in RM)
NO. REFERENCE
INDICATOR 2021 2022 2023 2024 2025
Income from SETARA
2 commercialisation 100,000 150,000 200,000 250,000 300,000
– product MyRA
OPERATIONAL DEFINITION
Total gross income received from product commercialisation and laboratory services as at year
of evaluation (not cumulative).
Notes:
1. Products should be derived from University’s own IPs. Only transacted incomes into
institution’s account are counted.
2. Include individual or group consultation projects.
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ACTION PLAN SCHOOLS/ DEPARTMENTS
INVOLVED
• Improvement of commercialisation ecosystem
• Improvement of IP and commercialisation policy Schools and Departments
MONITORING MECHANISM
• Innovation and Commercialisation Centre