Cradle Fund

Cradle Fund

Perkhidmatan Kewangan

Kuala Lumpur, Kuala Lumpur 12,811 pengikut

Creating • Leading • Startups

Perihal kami

Cradle Fund Sdn. Bhd. (Cradle) is Malaysia’s early stage start-up influencer, incorporated under the Ministry of Finance Malaysia (MOF) in 2003 with a mandate to fund potential and high-calibre tech start-ups through the Cradle CIP Grant Programme. Cradle is presently administered by Ministry of Science, Technology and Innovation (MOSTI). Throughout its history, Cradle has helped fund over 1000 Malaysian tech start-ups & holds the highest commercialisation rate amongst government grants in the country. Cradle also expanded its role in establishing equity investment programmes. This equity investment was implemented through the establishment of a venture capital fund, Cradle Seed Ventures in 2015. Additionally, Cradle also offered a co-investment program in the same year and directly (DEQ800) in 2017. Currently, two new grants are available to tech startups namely CIP SPARK & CIP SPRINT. CIP SPARK targets technopreneurs for the development of ideas and MVP as well as other pre-commercialisation activities, while CIP SPRINT is aimed at assisting technopreneurs at an early stage to develop and commercialise their products in the market. Following the announcement of the Malaysian Startup Ecosystem Roadmap (SUPER) in 2021, Cradle has been appointed as the focal point agency for Malaysia’s start-up ecosystem. The objective of this mandate is to ensure the successful running of a holistic ecosystem to enable and encourage growth among startups. Cradle also spearheads MYStartup – an initiative comprised of several structured programmes & a startup information portal. The initiative aims to stimulate the creation and development of early-stage startups in Malaysia, which is aligned with Malaysia’s goals to produce 5000 startups and 5 unicorns by 2025. Cradle’s product offerings are not only restricted to monetary aid, but also include commercialisation support, coaching and various other value-added services to cater for today’s entrepreneurs’ diversified needs.

Laman web
https://linktr.ee/cradlefund
Industri
Perkhidmatan Kewangan
Saiz syarikat
51-200 pekerja
Ibu pejabat
Kuala Lumpur, Kuala Lumpur
Jenis
Agensi Kerajaan
Ditubuhkan
2003
Pengkhususan
Direct Equity, Technology Start-ups Funding, Coach and Grow Programme for Start-ups , Investment, Co-Investment, Angel Investor Tax Incentive, Investment Management

Lokasi

  • Utama

    Cradle Fund Sdn Bhd

    Level 20, Sunway Putra Tower, 100 Jalan Putra

    Kuala Lumpur, Kuala Lumpur 50350, MY

    Dapatkan arah

Pekerja di Cradle Fund

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    Highlights from Cradle Open Day Sarawak 2024! On 6th July 2024, Cradle hosted its second Open Day for this year at TEGAS Digital Village, Sarawak. Attendees enjoyed a series of insightful sessions, including: 📍Cradle Conversation Experts from Cradle, Sarawak Digital Economy Corporation, and EB Tech delved into artificial intelligence (AI) & its pivotal role in advancing Sarawak's tech landscape. Moderated by Ts. Adam Ramskay, Cradle CEO’s Office, the discussion revolved around the importance of integrating AI in developing ecosystems and the state's readiness to adopt it. Cradle, as the focal agency for Malaysia's startup ecosystem, supports the AI initiative that contributes to developing this technology. 📍Cradle CIP 101 During this session, Zariq Asshifa, our Executive of Portfolio Management shared with attendees about the available grants offered to startups looking to spur their growth: 🚀 CIP Spark: Assists early-stage entrepreneurs in product development and commercialisation. 🚀 CIP Sprint: Supports SMEs in the commercialisation of tech-based business ventures. 📍Cradle Counsel Hafez Azhar, our legal expert, gave participants a detailed briefing on navigating the due diligence process for grant applications. He highlighted several critical aspects that entrepreneurs often overlook. 📍Cradle Cultivate Hannah Marzuki, Head of Unit, Senior Manager of Branding & Marketing at Cradle, conducted a session in which she introduced Cradle’s value-added services. Offered to Cradle's grant recipients, these services include mentoring, networking opportunities, and other exclusive benefits. Cradle Open Day was a vibrant platform where participants delved into AI’s transformative potential, explored grant opportunities, gained crucial legal insights, and learned about Cradle’s support services. This event underscored Cradle’s dedication to nurturing innovation and empowering entrepreneurs for sustainable growth in Sarawak’s burgeoning tech sector. Thank you for making Cradle Open Day in Kuching, Sarawak a success! We look forward to seeing you at our next event! #CradleOpenDay #CradleFund #CreatingLeadingStartups

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    Another milestone for our startup ecosystem! KL has been recognised as one of the top 30 emerging ecosystems in the Global Startup Ecosystem Report (GSER) 2024, generating USD47bil in ecosystem value. Competing against major cities, KL scored high in Talent Experience, Funding Availability, Ecosystem Performance, Knowledge Depth, and Market Reach. With this achievement, it highlights KL’s steady growth within the global startup landscape. We are proud of our vibrant community and the collaborative efforts between ecosystem players. Together, we're shaping the future of tech in Malaysia! Check out the full article on Kuala Lumpur's performance: https://lnkd.in/gQEwq7ub Read the full GSER 2024 here: https://lnkd.in/gMGfb_ic #GSER2024 #CradleFund #CreatingLeadingStartups

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    Awal Muharram, also known as the Islamic New Year, marks the beginning of the Islamic lunar calendar and commemorates the Prophet Muhammad's migration from Mecca to Medina. It brings a wealth of benefits for all Muslims! It's a time for spiritual renewal, personal reflection, and setting positive intentions. May this new year bring all Muslims peace, prosperity, and blessings. Wishing you a joyous and blessed Awal Muharram! #CradleFund #CreatingLeadingStartups

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    Level up your startup with expert legal guidance and discover other value added services by the Cradle team at the Cradle Counsel & Cultivate session! Join us for an exclusive and interactive session where legal experts will provide tips for your business needs, including comprehensive due diligence insights. This is your chance to get the guidance you need and discover actionable strategies to navigate the startup landscape like a pro. Don’t miss out on meeting Hafez Azhar & Hannah Marzuki on this invaluable opportunity! Get ready to tackle legal challenges and seize opportunities with confidence. Secure your spot now - https://lnkd.in/enDeQdPv #CradleOpenDay #CradleFund #CreatingLeadingStartups

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    Want to know more about our grants? Join us at Cradle Open Day for CIP 101: Intro to CIP Spark & Sprint, where we'll walk you through the grants and share with you what you need to know. Save the date, 6 July 2024! Meet Zariq Asshifa, our Grant Team for an in-depth session and get all the information you need directly from the experts! Register now at https://lnkd.in/enDeQdPv, and don't miss out! #CradleOpenDay #CradleFund #CreatingLeadingStartups

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    Join us for our dynamic Cradle Conversation titled 'AI Empowerment - Accelerating Sarawak's Tech Ecosystem,' skilfully moderated by Ts. Adam Ramskay from Cradle’s CEO's Office. Meet our esteemed panelists: 🚀 Eizzar Supiar, AVP Evaluation, Cradle 🚀 Ts. Hamadlan Hj Hamdan, Chief Technology Officer, Sarawak Digital Economy Corporation 🚀 Ashweein Narayanan, Co-Founder, EB Tech Get ready to dive into a thought-provoking Cradle Conversation – your insights matter! See you there! #CradleOpenDay #CradleFund #CreatingLeadingStartups

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    Get ready for Cradle Open Day! Here’s what you can look forward to: Date: Saturday, 6th July 2024  Time: 9:00 am - 12:00 pm  Venue: TEGAS Digital Village, Kuching Dive into exciting sessions on AI Empowerment, Cradle Conversation, Cradle CIP 101: An Introduction to CIP Spark & Sprint, Cradle Cultivate, and Cradle Counsel. Secure your spot now at [https://lnkd.in/enDeQdPv] and join the excitement! Don’t miss out! #CradleOpenDay #CradleFund #CreatingLeadingStartups

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    Exciting news! CityUHK hosted the Award Ceremony for the HK Tech 300 Southeast Asia Start-up Competition on June 27th. Out of over 100 teams, 10 startups from Southeast Asia and Hong Kong were awarded the Angel Fund investments of up to HK$1 million each. We're thrilled to announce that all three of our Malaysian startups who have successfully secured the fund are Cradle’s grant recipients! They are: 🚀 Qmed Asia – A recipient of Cradle’s CIP Ignite QMed Asia revolutionizes healthcare delivery with digital health solutions, enhancing the patient journey through an integrated AI-driven experience. 🚀 CoKeeps Sdn Bhd – A recipient of Cradle’s CIP Spark CoKeeps offers institutional-grade solutions for digital assets, bridging the crypto and regulated markets for clients like banks, corporations, and government agencies. 🚀 Apping Technology Sdn Bhd – A recipient of Cradle’s CIP Sprint Apping Technology revolutionises recruitment with its AI platform by uncovering hidden talent, predicting future skill needs, and retaining top performers. Other Asian countries participated include Thailand, Vietnam, Indonesia & Singapore. Find out more updates at https://lnkd.in/gPvp-Brt in celebrating these innovative achievements! Ministry of Science and Technology #CradleFund #CreatingLeadingStartups

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    We're thrilled to announce that Cradle Open Day is coming to Sarawak on 6 July 2024! Get ready for insightful sessions centered around AI Empowerment and our CIP grants. You'll have the chance to listen in our very own Cradle Conversation, dive into Cradle CIP 101: Intro to CIP Spark & Sprint, and engage with our Cradle Counsel. It's the perfect opportunity to learn more about what Cradle offers! Date: 6 July 2024 Time: 9:00 am - 12:00 pm Venue: TEGAS Digital Village, Kuching We can't wait to see you there! Register now https://lnkd.in/enDeQdPv #CradleOpenDay #CradleFund #CreatingLeadingStartups

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