Cradle Investment Program

CR eating A nd D eveloping L eading E ntrepreneurs Updated: 9th Sept 2008 An introduction to CIP Presentation

Overview of Cradle  Individuals with Innovative Ideas having insufficient funds to realize their venture  Aspiring Entrepreneurs needing funds and mentoring to grow Inventors / Researchers needing funds and guidance to commercialize their venture  RM 50,000 per Tranche (max 3 Tranches) Industrial Guidance Market Access Competency building Industrial Collaboration

Who we are? ,[object Object],[object Object],Our Vision ,[object Object]

Where we are in the Funding Ecosystem Time Growth & Profit Funding Needs Point Zero Other Grants, SME Loans & Incubators, Government Incentives, Angels & Corp Investors Project Financiers, Commercial Banks, Venture Capitals, Private Equity, Credit Guarantee Corporation, Leasing & Factoring Providers, Govt. Agencies Cradle Investment Programme Institutional & Foreign Investors, Public Funds, Merger & Acquisitions, Merchant Banks MDeC Expansion Production & Commercialisation Market Entry Production Enhancement New Markets Scaling & Expansion Commercial Success Pre IPO Listing & Go Global Design & Conceptualisation Idea Birth Product Prototype & Proof of Concept

What we do ? ,[object Object],[object Object],[object Object],Cradle funds Technology Innovation with Commercial Value

Types Of Developmental Programme * More innovative CIP funding products are being developed for entrepreneurs Towards Innovation & Commercialization for Entrepreneurs for University

What the Programme offers ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],In 3 Tranches of

[object Object],[object Object]

How do I apply? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Online Application http://www. cradle .com.my

Process & Client Charter ,[object Object],Application Submission (Online Only through CIP Website) Idea Screening & Request for Clarification Resubmit for Idea Scoring (Based on pre-established criteria) F4A Funding Sum Finalization / Agreement Offer / Acceptance Agreement Stamping, Matching of Mentors / Entrepreneur Briefing Mobilization & funding disbursement on milestones & tranches Short Listing / Interview / Deliverables Setting/ Summary Due Diligence Process ,[object Object],The entire approval process is expected to be completed within 10 weeks from the batch closing date. Batch closing dates are the 3 rd Monday of every month. Application and Evaluation Process Request for Tranche 2 & 3 Approval Idea Refinement Programme 6-8 weeks Batch Closing Approval Mobilization 4-6 weeks

Revised Structure ** ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Approval * Subject to Performance * Subject to Performance 4 months 4 months 4 months Deliverables ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Milestone 1 Milestone 2 Milestone 3 Mobilization Milestone 4 Milestone 5 Milestone 6 Mobilization Milestone 7 Milestone 8 Milestone 9 Mobilization 10 weeks Application Pre-Comm Graduation Completion

Revised Structure: Ideas Bank 10 weeks Application 4 months 4 months 4 months Pre-Comm ** Milestone 1 Milestone 2 Milestone 3 Milestone 4 Milestone 5 Milestone 6 Milestone 7 Milestone 8 Milestone 9 * Subject to Performance * Subject to Performance Support Evaluation Commercialisation Point Update Commercial Profile Business Plan & Executive Summary Update Review Update Commercial Profile Ideas Bank Role Business Plan & Executive Summary Update Review Business Plan Draft Review Initiate Executive Summary Build Commercial Profile Support Services ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],+6 months Graduate Tranche 3 Graduate Tranche 1: 12 months + 6 months Ideas Bank Period Graduate Tranche 2

Milestones & Deliverables ,[object Object],[object Object],[object Object],[object Object],Tranche 1: 4 Months Limit: RM 50,000 ,[object Object],[object Object],[object Object],[object Object],Tranche 2: 4 Months Limit: RM 50,000 ,[object Object],[object Object],[object Object],[object Object],Tranche 3: 4 Months Limit: RM 50,000 ,[object Object],[object Object],[object Object],[object Object],RM 100,000 RM 150,000 RM 50,000 +

Approved Expenses for CIP Disbursements ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

What the Programme is NOT for: ,[object Object],[object Object],[object Object],[object Object]

[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Mentoring

Where Do My Ideas Go? CIP Ideas Bank Timeline The Ideas Bank 12 months terms & condition, extends by 6 months for Tranche 2 & 3. 4 months CIP Idea Development Tranche 1 12 Months Ideas Bank Period Matching with Investors + 6 months If Tranche 2 completed + 6 months If Tranche 3 completed

Cradle Application Tips ,[object Object],[object Object],[object Object],[object Object],[object Object],Do

[object Object],[object Object],[object Object],[object Object],[object Object],Cradle Application Tips Do

[object Object],[object Object],[object Object],[object Object],Batch Closing is Midnight every 3 rd Monday of every month Thank you and Good Luck ! Q&A Session

Cradle Investment Program

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