Cradle Fund has launched 2 new grant programmes for early-stage technology companies.
The announcement was made earlier today via an online live stream together with the Minister of Science, Technology, and Innovation, Khairy Jamaluddin.
The new grant programs are as follows:
The grants programmes cover the following sectors:
Other requirements for the grant programmes are as follows:
Alongside funding, fund recipients will also be connected with an experienced business mentor, training opportunities, as well as value added services to further enhance their success.
According to Rafiza Ghazali, Group CEO of Cradle, she mentioned that "the new grants have been developed based on what we have experienced during the COVID-19 pandemic".
“The world we live in is changing rapidly and the challenges we face today and in the future can only be overcome by harnessing technology and innovation if we are to accelerate recovery and to remain competitive”, mentioned Rafiza Ghazali, Group CEO of Cradle.
Interested applicants can find out more about the grant programmes via Cradle's official website here.