Please be informed that Cradle office will be closed from throughout CMCO in line with the Conditional Movement Control Order (CMCO) announced by Senior Minister (Security Cluster) Datuk Seri Ismail Sabri Yaakob recently.

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RM1.3 bil invested in the start-up ecosystem since 2008 — Cradle Fund

RM1.3 bil invested in the start-up ecosystem since 2008 — Cradle Fund

Published 18 July, 2018

From Left: Razif Abdul Aziz (Acting Group CEO of Cradle), YBhg. Datuk Dr. Aminuddin Hassim (Director of National Strategic Unit of MOF), Juliana Jan (CIO of Cradle)

KUALA LUMPUR (July 18): About RM1.3 billion in private and foreign funds have been channelled into the start-up ecosystem over the past eight years, said Cradle Fund Sdn Bhd.

About 80,600 full time jobs have also been created, while RM3.4 billion have been contributed to the gross domestic product of the nation over this period.

These are just some snippets of a new study on the company’s grant programmes in conjunction with its 15th anniversary, with more to be revealed over the next few weeks, its acting group chief executive officer Razif Abdul Aziz said at the Cradle Buzz 2018 conference today.

“To mark this 15-year milestone, and in large part driven by one question that has been playing in our minds over the years which is ‘what has been Cradle’s impact on the ecosystem over the years?’, we commissioned HELP University to conduct a study with the data we have on our grant programmes, covering the 2008–2016 period to find out just that,” Razif said in his opening speech.

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 its Cradle Investment Programme (CIP).

Source from The Edge Markets


Dear Valued Entrepreneurs and Innovators, Please be informed that all application for CIP IGNITE & CIP ACCELERATE will be closed from 1st November to 14th December 2020. However, application will re-open for submission on the 15th December 2020. Thank You.

Please note that Cradle has never appointed any agent or representative to act on our behalf. If you have been approached by any party, who claims to be the representative or agent appointed by Cradle, who claims to be able to facilitate or guarantee in securing grants/funds from Cradle, whether in return for a fee/favour or otherwise OR if you have doubts about the authenticity and credibility of such party, please contact the Management immediately.