Open & ActiveGrantDirect-apply
Cradle Fund — CIP SPARK (Pre-Commercialisation Grant)
Grant — Outright (Non-Reimbursable)
Outright pre-commercialisation grant from Cradle Fund for early Malaysian tech startups (<5 years) building semiconductor IP, sensors and hardware.
Open & Active — Rolling applications. Apply at cradle.com.my/cip-spark. Open to individuals and companies <5 years old, tech-focused, up to RM150K.
Financial Parameters
- Total pool / mandate
- Ongoing rolling programme (RM1B+ deployed since 2003)
- Ticket size
- RM50,000 – RM150,000
- Cost of capital
- 0% — non-repayable outright grant
- Tenure
- Up to 18 months
- Shariah-compliant
- Both
Focus Areas
- Value chain segments
- IC Design & Embedded SystemsAdvanced Materials & SubstratesEquipment Manufacturing / Automation
- Use of proceeds
- R&DCommercialisation
- Company stage
- Pre-revenueEarly revenue (Seed–Series A)
Eligibility
- Ownership requirement
- Malaysian-incorporated; majority (>50%) Malaysian-owned and managed
Pre-revenue to early revenue; technology-based startup; <5 years operating preferred
Application
- Application cycle
- Rolling basis (applications open year-round via Cradle portal)
Background
- Example recipients
- 1,000+ tech startups funded; sectors include hardware, semiconductor IP, sensors
- Notes / source
- Cradle Fund under MOF est. 2003. Source: cradle.com.my