Documente Academic
Documente Profesional
Documente Cultură
Our focus
Technology Related
Innovation
Commercial Viability
Cradle Fund Sdn Bhd Copyright 2011
Introducing CIP
What is CIP? Grants Offered under CIP Our Development & Investment Focus Commercialisation Support Who Are Eligible to Apply for CIP? Our Value Proposition
What is CIP?
Offers innovators and entrepreneurs the FUNDS and the COMMERCIALISATION SUPPORT to help them transform their raw technology-based ideas into commercially viable ventures or local start-up companies to attain commercialisation
For Entrepreneurs
Universities/Colleges
Research Institutes, Students Up to RM150,000 (2 tranche) Funding of Idea & Enhancements
Cradle Fund Sdn Bhd Copyright 2011
For Universities
For Start-Ups
Start-Ups Up to RM500,000 (max: 2 approvals) Funding of Market Access for Products Services
Idea
Prototype Developme nt
Commercia lisation
Idea
Prototype Developme nt
Commercia lisation
Non-ICT
Biotechnology Advanced Materials Advanced ManufacturingTech Renewable Energy/ Waste Management High-Technology Consumer & Business Products
Others
Semi conductors Life sciences Clean technology
Commercialisation Support
Ideas Bank: Market Access Mentors: Industrial Guidance Strategic Partnerships: Industrial Collaborations Competency Building: Coach & Grow Programme Corporate Communications
Ideas Bank
What is Ideas Bank?
Commercialisation arm
Business Advisors
Ideas Bank
What does Ideas Bank offer Cradle recipients?
Products
Services
Business Advisory and Consultancy Business Matching and Networking (The Pitch, Breakfast with CEO, IB Luncheon, etc)
Mentoring
Cradle has over 350 mentors Mentors are sourced strictly by Invitation from the Industry, Community Partners or by Entrepreneurs suggestions
Mentors are individuals that have substantial industry experience (at least 8 years) and considerable domain expertise Mentors are vetted and approved by Cradle
Strategic Partnerships
Industry Partners
Associations (NGOs) & Government Agencies that have direct impact on industrial development in the areas of technology & innovation. Associations (NGOs) MACRI, NEF, TeAM, MIRC, MINDS & PIKOM; Govt. Agencies MDeC, MBC, MIMOS & SME Corp Financial investors or commercial investors, such as large corporations - access ideas via the Ideas Bank, where they will contact entrepreneurs that interests them Current participants include: MAVCAP, BI Walden, iSpring Capital, DTA Ventures, Bank Islam Venture Capital.
Providing a commercial perspective to the entrepreneurs by providing mentors and beta test sites, and eventually first orders. Entrepreneurs can indicate corporations they want to work with; list includes Litrak, Maxis, Sunway, Westport, TH Group, Advance Synergy Capital, etc.
Funding Partners
Commercialisation Partners
Competency Building
A unit within Cradle that:
Provides relevant training needs, knowledge resources and coaching to recipients to grow their business
Equips recipients with the knowledge and experience to develop better quality products in the market
Competency Building
Examples of training and coaching provided:
Intellectual Property Workshops Intellectual Asset Management Workshops Investor Pitching Sessions
Create a pipeline of high quality investable companies, increase survival rate of companies and equip them to scale and go global at various stages of growth for Angels and VCs.
Programs overview:
Customized Coaching matching your companys needs Group & Individualized Face-2-Face Coaching Coaches are available for you over 12 months 2 Coaches per company or Team Experienced Professional & Industry Coaches
Corporate Communications
Cradle also offers recipients free media and publicity opportunities via its Corporate Communication division. This includes:
Pre-Seed Eligibility
Any team of individuals which meets the below criteria: Main applicant is a Malaysian aged 18 years and above, and Main applicant is permanently residing in Malaysia, and Minimum of 2 applicants and maximum of 5 applicants per application
Allowable Expenditures
Reasonable allowance for the Project Team Members
CIP500 Eligibility
At least 51% of the companys equity is held by Malaysians Company in operations for less than 3 years Companys total revenue is not more than RM5mil in its total financial history Company owns the Intellectual Property (IP) rights of the products and/or services, which is intended for commercialisation
Company already has a prototype which only requires another 8% to 10% product refinement work to meet market and industry expectations/demands
Allowable Expenditures
Product refinement, market testing, and customised packaging Marketing expenses (inc. collaterals, travel where necessary, etc) IP search & registration , Market research & feasibility studies Pay package of employees Rental and utilities Purchase of hardware and software Business Plan Refinement Technology licensing/acquisition (if necessary) Production related expenses (if necessary)
WHAT NEXT
http://www.cradle.com.my
Email: enquiries@cradle.com.my
nizam@cradle.com.my 0193380827
Cradle Fund Sdn Bhd Copyright 2011