Incentive Category
Scope of Funding
Conditional grant of RM500,000. Designed specifically to support a wide range of tech startups and SMEs (from digital tech to hard tech) from prototype (>TRL5) to commercialisation stages (>TRL8)
Application Method
Online application via : https://cipignite.cradle.com.my/#/authentication/signin
Qualification Criteria
- Sdn Bhd (including university & research institute spin-offs and SMES)
- Revenue of not more than RM5 million
- 51% Malaysian-owned
- Minimum 2 directors (at least one must be malaysian)
- Minimum paid-up capital is RM10,000
- Must have IP rights (including university & research institute spin-offs)
- Not a subsidiary of a company and no other company holds 25% and more of shareholding in your company
