- agency
- Cradle Fund Sdn Bhd
- amount
- Up to RM600,000
- country
- Malaysia
- deadline or recurrence
- Funding period maximum 18 months; disbursed on advanced-payment/reimbursement basis tied to milestones
- eligibility
- Seed-stage tech-based startups commercialising innovative tech/products. Must be a Sdn Bhd less than 7 years old at application; >=51% Malaysian-owned (else majority of employees Malaysian); accumulated revenue not exceeding RM5 million; minimum paid-up capital RM10,000; min 2 directors (at least one Malaysian, one resident in Malaysia); no other company holds >=25%; must own or have rights to the IP. Conditional convertible commercialisation grant; at least 60% for commercialisation, max 40% for product development.