Chris Leong

Disoriented views from the rosy lens of an optimistic realist.

Tag: Pre-seed

Budgeting for Cradle pre-seed grant

I’ve been meaning to write more about the entrepreneur scene in Malaysia, but I just can’t seems to find the time to do that. But I would like to share with any budding entrepreneurs that wants to apply for the Cradle pre-seed grant a useful budget spreadsheet.

Cradle Budget

Like any grants, Cradle’s pre-seed grant has rules on what you are allow to spend on. Based on the guidelines for the allowable expenses in Cradle’s website, I’ve devised a template to assist entrepreneurs to plan their expenditure. It is based on the allowable expenses stated by Cradle in their website.

Documentation on the allowable expenses by Cradle (As of 19 March 2010)

Download the Cradle pre-seed budget template.

P.S: Do feedback to me if you find any bugs in the template.

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Enabling Your Business Ideas With Grants – Cradle Funds

Quite some time back, I wrote about some resources that Malaysian entrepreneur can check out to get their idea started. Cradle Funds had just launched its new commercialisation grant (RM 500k) to assist entrepreneurs in their ventures. Cradle has 2 grants, one for product development and one for commercialisation. With these 2 funds, Cradle had helped fill some of the gap in the funding ecosystem in Malaysia.

Cradle Funding Ecosystem

From what i understand, Cradle is keen to fund ideas/business that has technological innovation + potential to make money.So entrepreneurs “want-to-be”, check out the Cradle website to see how you can tap into it to kick start your ideas

Product Development Grants (CIP 150)

Cradle _TiE_A4

Commercialisation Grant (CIP500)

Cradle _TiE_A4