CIP Accelerate is a programme that provides funding of up to RM2,000,000 and value-added assistance that specifically caters to deep tech startups, SMEs and spinoffs from Universities and Research Institutes.
CIP Accelerate assists these early stage deep tech companies to commercialise their proven system and ready product at Technology Readiness Level (TRL) 8 and above.
To apply for CIP Accelerate, please send your pitch deck to email@example.com
Frequently Ask Questions about.....
Who can apply for CIP ACCELERATE?
- Must have market validated product via paying customer.
- Deep tech companies at Technology Readiness Level (TRL) 8 – 9 for product commercialisation.
What is the period of funding for CIP Accelerate?
Funding period will take between 18 to 24 months.
How will the funds be disbursed?
There are 3 modes of disbursement: Advance Payment, Direct Payment and Reimbursement
Will Cradle take ownership of the IP or company, in exchange for the funding?
Do we need to own the IP or the technology?
Yes. The company must own the IP and/or have the rights to the IP.
Would my product/service need some traction (quantity of listing/users) before submitting the application?
Yes. You must have validated product via paying customers.
What are the documents needed to submit my application for 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 firstname.lastname@example.org.
Will my concept / idea be leaked upon submitting my application?
No. Your concept/idea will be kept as private and confidential.