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Cradle CIP Spark Grant Application

How to apply for the Cradle CIP Spark pre-seed grant (up to RM150,000). Eligibility, application process, and milestone requirements.

Last updated: April 2026 · From official Malaysian government sources

Official sources

Grant Details

ItemDetail
Grant amountUp to RM150,000
DurationMaximum 18 months
TypeConditional development / pre-seed grant
RepaymentRequired if terminated early or terms breached
Developmental expensesMinimum 60% of grant
Non-developmental/commercializationMaximum 40% of grant
DisbursementAdvance payment + reimbursement (milestone-based)

Eligibility — For Companies (Sdn Bhd / LLP / Enterprise)

  • Company less than 5 years old from incorporation date
  • Accumulated revenue below RM3 million
  • At least 51% Malaysian ownership (if <51%, majority of employees must be Malaysian)
  • No other entity holds 25% or more of shares
  • Company must own the IP rights to the product
  • No paid-up capital requirement

Eligibility — For Individuals (Pre-Incorporation)

  • Minimum 2 people in a team
  • At least 1 team member must be Malaysian
  • At least 1 team member must reside in Malaysia

Application Process

  1. 1
    Register on GMS — Create account at gms.cradle.com.my
  2. 2
    Prepare pitch deck — Use Cradle's template (provided on the platform)
  3. 3
    Submit online — Upload pitch deck and basic information
  4. 4
    Shortlisting — Cradle reviews and shortlists applications
  5. 5
    Submit verification documents — Only required after shortlisting (not upfront)
  6. 6
    Pitch session — Closed session (not public). Present to Cradle's evaluation panel.
  7. 7
    Approval — Estimated 2–4 months from pitching to approval (with complete docs)
  8. 8
    Sign funding agreement — Terms include milestone deliverables and repayment conditions
  9. 9
    Receive first advance — Milestone-based disbursement begins
  10. 10
    Deliver MVP/prototype — Required deliverable by project end
  11. 11
    Submit demo + development reports — Progress reports throughout funding period

Required Documents (at Shortlisting Stage)

  • Pitch deck (Cradle template) [VERIFY — check GMS for current template]
  • Company registration documents (SSM)
  • Shareholder structure proof
  • IP ownership documentation
  • Revenue statements (proving <RM3M)
  • Team profiles

Timeline

  • Application to shortlisting: [VERIFY — varies by batch]
  • Pitching to approval: ~2–4 months
  • Total from application to first disbursement: ~3–6 months [VERIFY]
  • Batch 1 of 2026 pitching sessions already completed (per Cradle Facebook)

Common Pitfalls

  • IP ownership unclear — If your product uses open-source code or university IP, clarify ownership before applying.
  • Revenue threshold — If your company has accumulated >RM3M revenue, you are ineligible for Spark. Consider CIP Sprint (up to RM500K) instead.
  • Shareholding structure — No other entity can hold 25%+ of your shares.
  • Conditional grant — This is NOT free money. If you breach terms or terminate early, you must repay.
  • Milestone pressure — Funds are released per milestone. Miss milestones = withheld payments.

Related guides

This is step 7 of 7 in the recommended setup order.

Full setup order for new founders

  1. 1Choose MSIC codes — decide BEFORE incorporation
  2. 2Engage company secretary — BEFORE incorporation
  3. 3SSM registration — cosec files via MyCoID
  4. 4Appoint MD if applicable — at or after incorporation
  5. 5Open business bank account — immediately after incorporation
  6. 6Register as HRD Corp Training Provider — after SSM + bank account
  7. 7Apply for CIP Spark — when ready, independent of above

Track your setup progress

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This guide was researched from official sources. If you spot an error, let us know.