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CIP SPRINT


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 SPRINT
Agency Name
Cradle Fund Sdn Bhd
Amount
Up to RM 600,000
Type
Conditional Grant
Category
Startup, SME, Spin-off Companies from Universities and Research Institutes
Sector
Agnostic / All Sectors
Purpose
CIP SPRINT is a grant of up to RM600,000 for a maximum duration of eighteen (18) months, covers the commercialization of tech and covers SMEs. It is a funding in the form of a conditional grant to assist entrepreneurs to fund their technology based business venture. Upon receiving the fund, the CIP SPRINT 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 Sdn Bhd: 1. Less than 7 years old 2. Company's revenue