CRADLE FUNDING COMMERCIALISATION IN MALAYSIA
Cradle Funds Technology Innovation with Commercial Value.
What s the Problem?
Introducing CIP What is CIP? Grants Offered under CIP Our Development & Investment Focus Commercialisation Support Who Are Eligible to Apply for CIP? Our Value Proposition
Introducing CIP What is CIP? Grants Offered under CIP Our Development & Investment Focus Commercialisation Support Who Are Eligible to Apply for CIP? Our Value Proposition
What is CIP? Malaysia s 1st development and early stage funding programme
What is CIP? Malaysia s 1st development and early stage funding programme Offers innovators and entrepreneurs the FUNDS
What is CIP? Malaysia s 1st development and early stage funding programme Offers innovators and entrepreneurs the FUNDS and the COMMERCIALISATION SUPPORT to help them transform their raw technologybased ideas into commercially viable ventures
Introducing CIP What is CIP? Grants Offered under CIP Our Development & Investment Focus Commercialisation Support Who Are Eligible to Apply for CIP? Our Value Proposition
Grants offered under CIP Pre-Seed
Grants offered under CIP Pre-Seed
Grants offered under CIP Pre-Seed
Grants offered under CIP Seed/Commercialisation
Grants offered under CIP Seed/Commercialisation
Introducing CIP What is CIP? Grants Offered under CIP Our Development & Investment Focus Commercialisation Support Who Are Eligible to Apply for CIP? Our Value Proposition
Our Development Focus Pre-Seed
Our Development Focus Pre-Seed Idea Proof of Concept / Prototype Development
Our Development Focus Pre-Seed Idea Proof of Concept / Prototype Development
Our Development Focus Seed/Commercialisation
Our Development Focus Seed/Commercialisation Proof of Concept / Prototype Development Commercialisation of Product / Service
Our Development Focus Seed/Commercialisation Proof of Concept / Prototype Development Commercialisation of Product / Service
Our Development Focus End-to-end Funding Idea Prototype Development Commercialisation
Our Development Focus End-to-end Funding Idea Prototype Development Commercialisation
Our Development Focus End-to-end Funding Idea Prototype Development Commercialisation
Our Development Focus End-to-end Funding Idea Prototype Development Commercialisation
Our Investment Focus Technology Innovation ICT Mobile/Wireless Tech Creative Multimedia & Content Development Shared Services Outsourcing Hardware Design Software Development Internet-based Businesses Non-ICT Biotechnology Advanced Materials Advanced ManufacturingTech Renewable Energy/ Waste Management High-Technology Consumer & Business Products Others Semi conductors Life sciences Clean technology
Our Investment Focus Technology Innovation ICT Mobile/Wireless Tech Creative Multimedia & Content Development Shared Services Outsourcing Hardware Design Software Development Internet-based Businesses Non-ICT Biotechnology Advanced Materials Advanced ManufacturingTech Renewable Energy/ Waste Management High-Technology Consumer & Business Products Others Semi conductors Life sciences Clean technology
Our Investment Focus Technology Innovation ICT Mobile/Wireless Tech Creative Multimedia & Content Development Shared Services Outsourcing Hardware Design Software Development Internet-based Businesses Non-ICT Biotechnology Advanced Materials Advanced ManufacturingTech Renewable Energy/ Waste Management High-Technology Consumer & Business Products Others Semi conductors Life sciences Clean technology
Introducing CIP What is CIP? Grants Offered under CIP Our Development & Technology Focus Commercialisation Support Who Are Eligible to Apply for CIP? Our Value Proposition
Commercialisation Support 1. Mentors: Industrial Guidance 2. Strategic Partnerships: Industrial Collaborations 3. Competency Building 4. Ideas Bank: Market Access
1. Mentoring CIP has over 350 mentors
1. Mentoring CIP has over 350 mentors Mentors are sourced strictly by invitation from the Industry, Community Partners or by Entrepreneurs suggestion.
1. Mentoring CIP has over 350 mentors Mentors are sourced strictly by invitation from the Industry, Community Partners or by Entrepreneurs suggestion. Mentors are individuals that have substantial industry experience and considerable domain expertise.
1. Mentoring CIP has over 350 mentors Mentors are sourced strictly by invitation from the Industry, Community Partners or by Entrepreneurs suggestion. Mentors are individuals that have substantial industry experience and considerable domain expertise. Mentors are vetted and approved by CIP.
Commercialisation Support 1. Mentors: Industrial Guidance 2. Strategic Partnerships: Industrial Collaborations 3. Competency Building 4. Ideas Bank: Market Access
2. Strategic Partnerships Industry Partners Associations (NGOs) & Government Agencies that have direct impact on industrial development in the areas of technology & innovation. Associations (NGOs) MACRI, NEF, TeAM, MIRC, MINDS & PIKOM; Govt. Agencies MDeC, MBC, MIMOS & SMIDEC. Funding Partners Commercialisation Partners Financial investors or commercial investors, such as large corporations - access ideas via the Ideas Bank, where they will contact entrepreneurs that interests them Current participants include: MAVCAP, BI Walden, ispring Capital, DTA Ventures, Bank Islam Venture Capital. Providing a commercial perspective to the entrepreneurs by providing mentors and beta test sites, and eventually first orders. Entrepreneurs can indicate corporations they want to work with; list includes Litrak, Maxis, Sunway, Westport, TH Group, Advance Synergy Capital, etc.
2. Strategic Partnerships Industry Partners Associations (NGOs) & Government Agencies that have direct impact on industrial development in the areas of technology & innovation. Associations (NGOs) MACRI, NEF, TeAM, MIRC, MINDS & PIKOM; Govt. Agencies MDeC, MBC, MIMOS & SMIDEC. Funding Partners Commercialisation Partners Financial investors or commercial investors, such as large corporations - access ideas via the Ideas Bank, where they will contact entrepreneurs that interests them Current participants include: MAVCAP, BI Walden, ispring Capital, DTA Ventures, Bank Islam Venture Capital. Providing a commercial perspective to the entrepreneurs by providing mentors and beta test sites, and eventually first orders. Entrepreneurs can indicate corporations they want to work with; list includes Litrak, Maxis, Sunway, Westport, TH Group, Advance Synergy Capital, etc.
2. Strategic Partnerships Industry Partners Associations (NGOs) & Government Agencies that have direct impact on industrial development in the areas of technology & innovation. Associations (NGOs) MACRI, NEF, TeAM, MIRC, MINDS & PIKOM; Govt. Agencies MDeC, MBC, MIMOS & SMIDEC. Funding Partners Commercialisation Partners Financial investors or commercial investors, such as large corporations - access ideas via the Ideas Bank, where they will contact entrepreneurs that interests them Current participants include: MAVCAP, BI Walden, ispring Capital, DTA Ventures, Bank Islam Venture Capital. Providing a commercial perspective to the entrepreneurs by providing mentors and beta test sites, and eventually first orders. Entrepreneurs can indicate corporations they want to work with; list includes Litrak, Maxis, Sunway, Westport, TH Group, Advance Synergy Capital, etc.
Commercialisation Support 1. Mentors: Industrial Guidance 2. Strategic Partnerships: Industrial Collaborations 3. Competency Building 4. Ideas Bank: Market Access
3. Competency Building Cradle Application Clinics
3. Competency Building Cradle Application Clinics Business Plan Clinics
3. Competency Building Cradle Application Clinics Business Plan Clinics Intellectual Property (IP) & Intellectual Asset Management (IAM) Workshops
3. Competency Building Cradle Application Clinics Business Plan Clinics Intellectual Property (IP) & Intellectual Asset Management (IAM) Workshops Investor Pitching Sessions
3. Competency Building (con t) Commercialisation Workshops
3. Competency Building (con t) Commercialisation Workshops Bootstrapping
3. Competency Building (con t) Commercialisation Workshops Bootstrapping Financial Management
3. Competency Building (con t) Commercialisation Workshops Bootstrapping Financial Management Sales & Marketing Etc.
Commercialisation Support 1. Mentors: Industrial Guidance 2. Strategic Partnerships: Industrial Collaborations 3. Competency Building 4. Ideas Bank: Market Access
4. IDEAS BANK What is Ideas Bank? What does Ideas Bank offer? Case Study
What is Ideas Bank? COMMERCIALIZATION ARM Commercialization Specialist Business and Technology Generalist Not Lawyers BUSINESS ADVISORS
What is Ideas Bank? COMMERCIALIZATION ARM Commercialization Specialist Business and Technology Generalist Not Lawyers BUSINESS ADVISORS
What is Ideas Bank? COMMERCIALIZATION ARM Commercialization Specialist Business and Technology Generalist Not Lawyers BUSINESS ADVISORS
What is Ideas Bank? COMMERCIALIZATION ARM Commercialization Specialist Business and Technology Generalist Not Lawyers BUSINESS ADVISORS
What is Ideas Bank? COMMERCIALIZATION ARM Commercialization Specialist Business and Technology Generalist Not Lawyers BUSINESS ADVISORS
4. IDEAS BANK What is Ideas Bank? What does Ideas Bank offer? Case Study
What does Ideas Bank offer? PRODUCT Depository and Database Investment Match making tool SERVICES Business Advisory and Consultancy Business Matching and Networking (The PITCH, Breakfast with CEO, IB Luncheon)
What does Ideas Bank offer? PRODUCT Depository and Database Investment Match making tool SERVICES Business Advisory and Consultancy Business Matching and Networking (The PITCH, Breakfast with CEO, IB Luncheon)
What does Ideas Bank offer? PRODUCT Depository and Database Investment Match making tool SERVICES Business Advisory and Consultancy Business Matching and Networking (The PITCH, Breakfast with CEO, IB Luncheon)
What does Ideas Bank offer? PRODUCT Depository and Database Investment Match making tool SERVICES Business Advisory and Consultancy Business Matching and Networking (The PITCH, Breakfast with CEO, IB Luncheon)
What does Ideas Bank offer? PRODUCT Depository and Database Investment Match making tool SERVICES Business Advisory and Consultancy Business Matching and Networking (The PITCH, Breakfast with CEO, IB Luncheon)
What does Ideas Bank offer? PRODUCT Depository and Database Investment Match making tool SERVICES Business Advisory and Consultancy Business Matching and Networking (The PITCH, Breakfast with CEO, IB Luncheon)
4. IDEAS BANK What is Ideas Bank? What does Ideas Bank offer? Case Study
Case Study UTAR MicroAlgae IB s SUPPORT Business Planning Hands on support Networking RESULTS Spin-off Company in 6 months Negotiated favorable terms for researchers Enlisted the support from the University Interest from Biotechcorp
Case Study UTAR MicroAlgae IB s SUPPORT Business Planning Hands on support Networking RESULTS Spin-off Company in 6 months Negotiated favorable terms for researchers Enlisted the support from the University Interest from Biotechcorp
Case Study UTAR MicroAlgae IB s SUPPORT Business Planning Hands on support Networking RESULTS Spin-off Company in 6 months Negotiated favorable terms for researchers Enlisted the support from the University Interest from Biotechcorp
Case Study UTAR MicroAlgae IB s SUPPORT Business Planning Hands on support Networking RESULTS Spin-off Company in 6 months Negotiated favorable terms for researchers Enlisted the support from the University Interest from Biotechcorp
Case Study UTAR MicroAlgae IB s SUPPORT Business Planning Hands on support Networking RESULTS Spin-off Company in 6 months Negotiated favorable terms for researchers Enlisted the support from the University Interest from Biotechcorp
Case Study UTAR MicroAlgae IB s SUPPORT Business Planning Hands on support Networking RESULTS Spin-off Company in 6 months Negotiated favorable terms for researchers Enlisted the support from the University Interest from Biotechcorp
Case Study UTAR MicroAlgae IB s SUPPORT Business Planning Hands on support Networking RESULTS Spin-off Company in 6 months Negotiated favorable terms for researchers Enlisted the support from the University Interest from Biotechcorp
Case Study UTAR MicroAlgae IB s SUPPORT Business Planning Hands on support Networking RESULTS Spin-off Company in 6 months Negotiated favorable terms for researchers Enlisted the support from the University Interest from Biotechcorp
Case Study UTAR MicroAlgae IB s SUPPORT Business Planning Hands on support Networking RESULTS Spin-off Company in 6 months Negotiated favorable terms for researchers Enlisted the support from the University Interest from Biotechcorp
Introducing CIP What is CIP? Grants Offered under CIP Our Development & Investment Focus Commercialisation Support Who Are Eligible to Apply for CIP? Our Value Proposition
Pre-Seed Eligibility Any team of individuals which meets the below criteria:
Pre-Seed Eligibility Any team of individuals which meets the below criteria: Main applicant is a Malaysian aged 18 years and above, and
Pre-Seed Eligibility Any team of individuals which meets the below criteria: Main applicant is a Malaysian aged 18 years and above, and Main applicant is permanently residing in Malaysia, and
Pre-Seed Eligibility Any team of individuals which meets the below criteria: Main applicant is a Malaysian aged 18 years and above, and Main applicant is permanently residing in Malaysia, and
Pre-Seed Eligibility Any team of individuals which meets the below criteria: Main applicant is a Malaysian aged 18 years and above, and Main applicant is permanently residing in Malaysia, and Minimum of 2 applicants and maximum of 5 applicants per application
Allowable Expenditure Reasonable allowance for the Project Team Members Raw materials, tools, equipment, research materials Personnel, services & technology to produce prototype/demos Purchase / execution of market feasibility study and research IP search, advisory and basic agreement drafting Product testing and certification Product marketing collaterals expenses Incubator subsidy / lab rentals
CIP500 Eligibility At least 51% of the company s equity is held by Malaysians
CIP500 Eligibility At least 51% of the company s equity is held by Malaysians Company in operations for less than 3 years
CIP500 Eligibility At least 51% of the company s equity is held by Malaysians Company in operations for less than 3 years Company s total revenue is not more than RM5mil in its total financial history
CIP500 Eligibility At least 51% of the company s equity is held by Malaysians Company in operations for less than 3 years Company s total revenue is not more than RM5mil in its total financial history Company owns the Intellectual Property (IP) rights of the products and/or services, which is intended for commercialisation
Allowable Expenditure Product refinement, market testing, and customised packaging Marketing expenses (inc. collaterals, travel where necessary, etc) IP search & registration, Market research & feasibility studies Pay package of employees Rental and utilities Purchase of hardware and software Business Plan Refinement Technology licensing/acquisition (if necessary) Production related expenses (if necessary)
Introducing CIP What is CIP? Grants Offered under CIP Our Development & Investment Focus Commercialisation Support Who Are Eligible to Apply for CIP? Our Value Proposition
Our Value Proposition End-to-end developmental and early stage funding programme
Our Value Proposition End-to-end developmental and early stage funding programme Plug-up the pre-seed & seed funding gap
Our Value Proposition End-to-end developmental and early stage funding programme Plug-up the pre-seed & seed funding gap Ability to create the critical mass of technology ideas to be funded
Our Value Proposition End-to-end developmental and early stage funding programme Plug-up the pre-seed & seed funding gap Ability to create the critical mass of technology ideas to be funded Create the linkages that make up an effective ecosystem for innovation
Technopreneurs
Technopreneurs Institutions of Higher Education (IOHEs)/RIs
Businesses & Companies Technopreneurs Institutions of Higher Education (IOHEs)/RIs
Businesses & Companies Technopreneurs Government Institutions of Higher Education (IOHEs)/RIs Partners
Businesses & Companies Technopreneurs Government CRADLE Institutions of Higher Education (IOHEs)/RIs Partners
FUNDED 397 IDEAS
50%
What s next?
What s next? Apply for CIP!
How do you apply? Online application only http://www.cradle.com.my Email: enquiries@cradle.com.my Customer Relations: +603-21664730
How do you apply? Online application only http://www.cradle.com.my Email: enquiries@cradle.com.my Customer Relations: +603-21664730
How do you apply? Online application only http://www.cradle.com.my Email: enquiries@cradle.com.my Customer Relations: +603-21664730
How do you apply? Online application only http://www.cradle.com.my Email: enquiries@cradle.com.my Customer Relations: +603-21664730
THANK YOU ELLYNITA HAZLINA LAMIN ellyne@cradle.com.my