CIP Accelerate

ARE YOU ELIGIBLE?

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

Pitch Template
Please download and use this template for grant application
About

CIP ACCELERATE

CIP ACCELERATE is a funding programme that provides a conditional grant and value added assistance of up to RM 2, 000,000 for technology start-ups, local SMEs or spin-off companies from universities and research institutes.

WHO CAN APPLY FOR CIP ACCELERATE?
- CIP ACCELERATE assists early stage deep tech companies at Technology Readiness Level (TRL) 8 and above

WHY SHOULD YOU APPLY FOR CIP ACCELERATE?
- For commercialisation of proven system and technology

Pitch Template
Please download and use this template for grant application

What is Deep Tech?

Learn more about our deep tech definition HERE


Which TRL Am I?

Technology Readiness Level (TRL) is based on the TRL used by the Ministry of Science, Technology and Innovation (MOSTI)
Click here to find out which TRL are you at.


Which Programme Suits You?

Cradle offers funding programmes to support early stage innovative technology companies. Click here to find out which programme suits you best

STILL HAVE QUESTIONS?

ENG   |   BM
Who can apply for CIP ACCELERATE?
Siapakah yang boleh memohon CIP ACCELERATE?
  • Must have market validated product via paying customer.
  • Deep tech companies at Technology Readiness Level (TRL) 8 – 9 for product commercialisation.
  • Mesti mempunyai produk yang telah disahkan pasaran melalui pelanggan berbayar.
  • Syarikat-syarikat teknologi tinggi (Deep Tech) pada Tahap Kesediaan Teknologi (TRL) 8 ke 9 untuk pengkomersialan produk.
What is the period of funding for CIP Accelerate?
Apakah tempoh pembiayaan untuk CIP Accelerate?

Funding period will take between 18 to 24 months.

Tempoh pembiayaan akan mengambil antara 18 hingga 24 bulan

How will the funds be disbursed?
Bagaimanakah dana akan dibayar?

There are 3 modes of disbursement: Advance Payment, Direct Payment and Reimbursement

Terdapat 3 kaedah pembayaran: Bayaran Pendahuluan, Pembayaran Terus dan Pembayaran Balik.

Will Cradle take ownership of the IP or company, in exchange for the funding?
Adakah Cradle memegang pemilikan IP atau syarikat, untuk pertukaran dengan pembiayaan?

No.

Tidak.

Do we need to own the IP or the technology?
Adakah kami perlu miliki IP atau teknologi?

Yes. The company must own the IP and/or have the rights to the IP.

Ya. Syarikat hendaklah memiliki IP dan / atau mempunyai hak kepada IP.

Would my product/service need some traction (quantity of listing/users) before submitting the application?
Adakah produk/perkhidmatan saya memerlukan traksi (kuantiti penyenaraian/pengguna) sebelum mengemukakan permohonan?

Yes. You must have validated product via paying customers.

Ya. Anda mesti mempunyai produk yang telah disahkan/divalidasi melalui adanya/kewujudan pelanggan yang membayar.

What are the documents needed to submit my application for CIP Accelerate?
Apakah dokumen diperlukan untuk saya mengemukakan permohonan bagi CIP Accelerate?

You need to submit a concise pitch slides outlining your company background, technology, business model, market and financial projection of between 20-25 pages to cipaccelerate@cradle.com.my.

Anda perlu mengemukakan slaid pembentangan ringkas yang menggariskan latar belakang syarikat anda, teknologi, model perniagaan, pasaran dan unjuran kewangan antara 20-25 muka surat kepada cipaccelerate@cradle.com.my.

Will my concept/idea be leaked upon submitting my application?
Adakah konsep/idea saya akan dibocorkan selepas saya menyerahkan permohonan?

No. Your concept/idea will be kept as private and confidential.

Tidak. Konsep/idea anda akan disimpan sebagai sulit dan rahsia.

MORE INFORMATION
PLEASE CONTACT US
EMAIL US enquiries@cradle.com.my