Cradle Investment Programme Sprint (CIP Sprint)
CIP Sprint
Open continuously
No deadline — apply whenever you are ready.
Conditional Convertible Commercialisation Grant of up to RM600,000 for a maximum duration of 18 months; repayable on termination and other terms in the funding agreement.
Cradle Fund Sdn Bhd (Ministry of Science, Technology and Innovation)
public · national
Deadline: Open all year — Rolling intake through the Cradle portal, subject to annual budget availability.
This funder does not publish a success rate. We rank it using the rate observed across similar programmes and label it as an estimate rather than implying we know.
Major bid — written case, budget, possibly partners.
Who can apply
- Under 7 years old
- micro enterprises
- Sectors: deeptech, ai, fintech, health, agri, any
- Stage: seed
- Locally registered entity required
Sdn Bhd with minimum 2 directors (at least one Malaysian and one resident in Malaysia), under 7 years of incorporation, accumulated revenue under RM5 million, owns IP rights, paid-up capital at least RM10,000, no other entity holds 25% or more; if under 51% Malaysian-owned, majority of employees must be Malaysian.
How to apply
- Register on the Cradle portal and complete the CIP Sprint application.
- Pre-screening for eligibility.
- Due diligence including product demonstration and financial review.
- Pitch to the evaluation panel.
- Grant agreement and milestone-based disbursement.
What you will need
- Business plan and financial projections
- SSM company registration documents
- Audited financial statements
- Revenue evidence and customer contracts
- Product demonstration
- Cap table
Related reading: How grant deadlines actually work · The EU SME definition (Recommendation 2003/361)
Source. https://cradle.com.my/cip-sprint/
"up to RM600,000 ... maximum duration of eighteen (18) months ... < 7 years of incorporation ... Accumulated revenue < RM5 million"
Last checked against the official page on 5 October 2026
Source: cradle.com.my
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