CIP Sprint

CIP Sprint sits under Cradle Fund Sdn Bhd as the seed-stage counterpart to CIP Spark. It backs Malaysian technology-based companies that are moving from product build into commercialisation, and it does so with a convertible structure that gives Cradle an equity-like upside if the venture succeeds. The program also comes with business support on networking, business model development, market validation, and market access. The grant goes up to RM600,000 over a maximum 18-month project, with applications accepted on a rolling basis through Cradle's Grant Management System. At least 60% of the spend must go to commercialisation expenses, while up to 40% can support product development, market access, and market expansion. Eligible applicants must be Sdn Bhd companies under seven years old, with accumulated revenue below RM5 million, minimum paid-up capital of RM10,000, and at least two directors, one of whom must be Malaysian. This is the stronger route for companies that already have traction and can support it with revenue, usage, or customer evidence. The source material says demonstrated product or service traction strengthens an application, and funded companies must keep meeting revenue and traction deliverables at each milestone. The best fit is a team that can show commercial momentum and is ready for a structured, milestone-driven funding relationship.

Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.