The CIP Sprint grant is an innovative funding initiative designed to assist entrepreneurs in securing financial support for their technology-
Pitch deck to showcase the potential and viability of their projects
This grant specifically targets research institute spin-offs, universities, and Sdn Bhd companies engaged in advancing technology-driven projects. With funding of up to RM600,000, this conditional grant supports eligible ventures for a maximum duration of eighteen (18) months, helping them scale and achieve their goals.
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Proposal preparation and submission process
One of the key features of the CIP Sprint grant is its comprehensive assistance throughout the proposal preparation and submission process. SMI FUNDING provides full support to entrepreneurs, guiding them in crafting a compelling pitch deck based on their innovative ideas. Entrepreneurs are required to submit their pitch deck to showcase the potential and viability of their projects, enabling them to qualify for advanced payments and reimbursements within the grant framework.
Securing intellectual property
The grant is structured to fund technology-based business ventures that may include universities and research institutes. It supports initiatives aimed at securing intellectual property (IP) rights, including those originating from universities. The purpose of the grant is to provide conditional funding for validating and commercializing innovative ideas, offering both financial assistance and strategic direction. Eligibility for this program mandates that employees involved in the venture must be Malaysians, ensuring that local talent is prioritized and developed.
The CIP Sprint grant also caters to the specific needs of entrepreneurs, such as verification of the project’s purpose and the submission of a robust pitch deck. Whether you’re looking to fund your technology-based research institute spin or develop a promising venture under a university's umbrella, this grant can be a game-changer. With its maximum funding duration of eighteen (18) months, it ensures adequate time for businesses to execute their plans and demonstrate their potential.
Preparing the proposal
For those seeking financial support, SMI FUNDING stands ready to assist with every aspect of the process—from preparing the proposal to ensuring submission success. This opportunity is ideal for entrepreneurs aiming to fund groundbreaking ideas and take their technology-based ventures to the next level
A grant of up to RM600,000 for a maximum of 18 (18) months, CIP SPRINT covers SMEs and the commercialization of technology. It is a conditional award designed to help entrepreneurs finance their technology-based company ventures.
For further information please contact here
To view available Grants please visit here
To get immediate answer please whatsapp here
Following the award, CIP SPRINT grantees receive business networking opportunities and other value-added services to help them develop, grow, and get ready for market access, business model development, and market validation.
CIP SPRINT is open to companies.CIP SPRINT accepts application from companies to cover for expenses such as product enhancement, market access, market expansion and others. CIP SPRINT is disbursed to recipients via advance payment and reimbursement basis. CIP SPRINT is a conditional grant, whereby one of the conditions, is that recipients are subject to pay back for the amount that has been disbursed, in the event of of termination and other terms as stated in the funding agreement.
For further information please contact here
To view available Grants please visit here
To get immediate answer please whatsapp here
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