CIP Sprint Seed Program for Startups

Applications are accepted on a rolling basis
Industry/Technology: innovations, technologies, Digitalization

Region – Asia

CIP Sprint is a Cradle Fund grant for technology commercialization. It supports startups, SMEs, and spin-offs in funding their technology-based ventures.

Focus areas

All Sectors

Eligibility criteria

  • The company must be a Sdn Bhd
  • Minimum 2 Directors (at least 1 individual must be Malaysian)
  • For companies with less than 51% Malaysian ownership, the majority of employees must be Malaysians
  • Incorporated for no more than 7 years
  • Revenue must not exceed USD 1,138,000
  • Paid-up capital must be at least USD 2,276

Prizes

  1. Grant of up to USD 136,000
  2. Business networking opportunities
  3. Support for scaling and expansion