Geran dan Skim Bantuan

CIP Sprint

Admin
May 26, 2025
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Agency in Charge:

Cradle Fund Sdn Bhd

Application Deadline:

Available throughout the year

Target Group:

Entrepreneurs that need funds to:

  • fund their technology-based business venture
  • cover expenses such as product enhancement, market access, market expansion and others. 

Form of Aid:

Conditional Convertible Commercialisation Grant 

Details:

  • CIP SPRINT is disbursed to recipients via advance payment and reimbursement basis.
  • Funding utilisation for CIP Sprint: At least 60% is for commercialisation expenses & maximum of 40% for other expenses such as product development and/or enhancements
  • Up to RM600,000 for a maximum duration of eighteen (18) months, covers the commercialisation of tech and covers SMEs

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