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Grant · Kuala Lumpur, Malaysia

CIP Spark

A conditional pre-seed grant from Cradle Fund for Malaysian technology startups and founding teams. It funds up to RM150,000 of development and pre-commercialisation work over up to 18 months, with business support.

Status unknown Run by Cradle Fund

Apply on the programme's site Programme website

Verified 19 October 2026 · From the programme's own pages

Terms

Funding
not published Conditional grant of up to RM150,000 for up to 18 months; at least 60% for development and at most 40% for other costs, paid by advance payment and reimbursement against milestones
Instrument
Grant
Equity taken
None (equity-free)
Programme fee
not published
Duration
not published
Cohort size
not published
Cohorts
not published
Delivery
not published
Stages
Idea, pre-seed
Sectors
Sector-agnostic
Open to founders from
Malaysia
Perks
  • Business networking opportunities
  • Support on business model development, market validation and market access

A conditional grant: recipients may have to repay the amount disbursed if the grant is terminated. The deliverable is at least a functional prototype or minimum viable product by the end of funding. Shortlisted applicants pitch; approval takes about two to four months after pitching.

Application dates

Status unknown

Dates not published. No call dates are published; applications are submitted online through Cradle's Grant Management System.

Usual timing: No call dates are published; applications are submitted online through Cradle's Grant Management System.

Who can apply

  • Individuals: at least two people in the team, at least one Malaysian and at least one living in Malaysia
  • Companies (PLT, enterprise or Sdn Bhd): under 5 years old with accumulated revenue under RM3 million
  • Companies under 51% Malaysian-owned must have mostly Malaysian employees, and no other company may hold 25% or more
  • The applicant must own the IP or hold the rights to it, including university and research spin-offs
  • Stage: idea, pre-seed

What founders should check

  1. The programme says it takes no equity. Still read the agreement for warrants, revenue shares or rights in a later round.
  2. It does not publish a fee. Ask whether you pay for desks, services or the programme itself.
  3. It does not say whether it runs in person or remotely. Ask before you plan a move.
  4. Dates for the next cohort are not published. No call dates are published; applications are submitted online through Cradle's Grant Management System.

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