What Is It

The Cradle Fund CIP Sprint Commercialisation Grant is a funding initiative designed to support early-stage technology startups in Malaysia. It provides direct funding to help these startups commercialise their prototypes and launch products into the market.

Who Is Eligible

Technology startups incorporated in Malaysia under the Companies Act 2016, less than 3 years old, with at least 51% Malaysian equity. The product must have proprietary technology with high commercial potential.

Required Documents

  • Company registration documents
  • Proof of incorporation
  • Business plan
  • Prototype details
  • Financial statements
  • Proof of Malaysian equity

    • Step-by-Step Procedure

    1. Register and submit a pitch application: Applicants must register and submit their pitch application on the Cradle portal. 2. Present pitch to evaluation committee: Shortlisted applicants will present their pitch to the Cradle Evaluation Committee. 3. Sign grant agreement and disburse funds: Approved startups will sign a grant agreement, and funds will be disbursed in milestone-based tranches.

    Cost & Processing Time

  • Grant amount: Up to RM600,000
  • Project duration: Up to 18 months

    • Where to Apply

    Applicants can register and submit their pitch application on the Cradle portal.

    Important Notes

  • The grant is reimbursable.
  • Funds are disbursed in milestone-based tranches.