COMPANY PROFILE
Cradle Fund Sdn Bhd (Cradle) is Malaysia's early stage start-up influencer, incorporated under the Ministry of Finance Malaysia (MOF) in 2003 with a mandate to fund potential and high-calibre tech start-ups through its Cradle Investment Programme (CIP).
Grant Name
CIP SPARK
Agency Name
Cradle Fund Sdn Bhd
Amount
Up to RM 150,000
Type
Conditional Grant
Category
Individual, Startup, Development
Sector
Agnostic / All Sectors
Purpose
CIP SPARK is a grant of up to RM150,000 for a maximum duration of eighteen (18) months, covers the development and pre-commercialization of for technology start-ups. It is a funding in the form of a conditional grant to assist early-stage entrepreneurs to develop and commercialize their product. Upon receiving the fund, the CIP SPARK recipients are supported with business networking opportunities and other value-add services which will help nurture, develop and prepare them with business model development, market validation skill and market access.
Requirement / Criteria
Criterias for Individua (minimum group of 2 pax):
1. Malaysians
2. Non-Malaysians residing in Malaysia
Criterias for Company:
1. Less than 5 years old
2. Company's revenue
