JINM Trust Fund Account (Industry)

A Trust Account (Industry 62xxxx, Consulting 67xxxx) is established to account for monetary contributions received from the Industry (refer to the definition of Industry in Appendix 2) for a specific purpose and is administered through a Trust Deed.

The University may receive assets or funds from external parties and it is the responsibility of the University to ensure that such contributions are used and administered in accordance with the purposes that have been determined and agreed upon.

The University may also impose service charges on trust accounts for the purpose of assisting the University to cover its administrative costs.

In addition, a Trust Fund (JINM) has been established in each PTJ for the purpose of saving funding from expertise-based activities such as seminars, workshops, and consultations.

Funds accumulated in the Trust Fund (JINM) can be used to fund the cost of JINM’s activities, and help the cost of students pursuing industrial and mobility training abroad.

For the purpose of opening a Trust Account (Industry) at CiRNeT or Tabung Amanah (JINM) PTJ respectively, the application form can be accessed at the following link: http://reg.upm.edu.my/eISO/ document code: SOK/ KEW/BR042/AKN.

 

OPENING JINM TRUST FUND (INDUSTRY) FLOWCHART 

 

 

PARTS THAT NEED TO BE COMPLETED IN THE JINM TRUST ACCOUNT OPENING FORM

• JINM trust account opened in the UPM CiRNeT JINM fund
• JINM trust account opened in the respective JINM PTJ fund

 

MONITORING OF PROJECT PROGRESS REPORTS

Monitoring the progress of industrial projects is very important to ensure that the progress of a project is implemented in accordance with the plan approved by the funder.

Accordingly, each academy that has an industrial project grant must submit a progress report for industrial projects that are still active (every 6 months) and a final report for industrial projects that have expired.

 

• Industrial Project Progress Report Form [click here]
• Industrial Project Final Report Form [click here]

A reminder notice will be issued to each project member to ensure that the report is submitted within the stipulated time.

Failure to submit the industrial project progress report on time may result in the project-related finances being temporarily withheld until the report is sent to the CiRNeT UPM office.

 

Updated:: 18/06/2023 [zaidi_tajuddin]