Cradle CIP Spark
Cradle Fund (Ministry of Finance Malaysia) · Pre-commercialisation grant
$33KConditional grant up to RM150,000 over max 18 months
Conditional grant for development and pre-commercialisation of tech startups in Malaysia, plus value-added support.
Key terms
- Individuals: team of ≥2 with at least one Malaysian and one Malaysia resident
- Companies (Sdn Bhd/LLP/Enterprise): <5 years old, accumulated revenue <RM3M
- If <51% Malaysian-owned, majority of employees must be Malaysian; no company holds ≥25%
- Must own or exclusively license the IP; repayable if agreement terminated
Eligibility
- Where
- Malaysia
- Stages
- idea, pre-seed
- Max company age
- 5 years
- Needs VC/accelerator backing
- No
- Needs partner referral code
- No
- Must be incorporated
- No
- AI focus required
- No
- Students / researchers
- Not eligible
- Nonprofits
- Not eligible
How to apply
Register on Cradle's Grant Management System and submit a pitch deck using Cradle's template; ~2–4 months to approval.
- Benefit
- cash
- Equity-free
- Yes
- Decision time
- —
- Credit validity
- —
- Deadline
- Rolling
- Status
- Open
Verified 2026-10-22 · source