Fund for Start-Up Companies

Do you have any business idea to be commercialised? Are you a start-up company and planning to expand your empire? Here we share with you the funds available to make your dream comes true!

The funds available can be applied for both locals and foreigners. It might help to venture your business idea.

1- SUPERB TERAJU

SUPERB definition stands for Skim Usahawan Permulaan Bumiputera where it helps the locals who are about to start the business by giving fund. SUPERB TERAJU will give up to RM500,000 for one business idea which considered the most awesome! The criteria to be selected are the participants must be Malaysian age 18-40 years old only. If there are foreigners in the team members, you still can apply as long as the ownership of the company will be 60% belongs to the Malaysia. In a year, there will be 3 sessions offered so you need to stay alert. First stage will be submitting your application and video, if you are selected for the first stage you will need to pitch your idea in front of the judges. After that, if you manage to be selected then you need to join 5 days BootCamp to sharpen your presentation skills and then pitch for Semi Finals. Then, if you succeed on Semi Finals and eligible to go to final round, you need to attend another BootCamp to sharpen your Financial Projection and thus pitch for the final round. For university students, there will be another chance for you which is Superb Higher Education League where you will compete among university students only unlike the National level where you will be competing with corporate people. You need to keep in touch with your university department who manage about Entrepreneurship. For more info, you can click here!

2- CRADLE

  • Coach & Grow Programme

    The Coach and Grow Programme or “CGP” is a public private partnership between Cradle Fund and Proficeo. It is a C-Level Coaching Programme designed to support Startups as they grow into Scaleups. 3 CUSTOMISED PROGRAMMES for entrepreneurs:

  • Go2Market(TM)
    Targeted at Entrepreneurs with a minimal viable product and have completed market validation.
  • GO4GROWTH(TM)
    Targeted at companies that are already revenue generating but preparing to scale up.
  • GOGLOBAL(TM)
    Targeted at companies that are already dominated local markets and preparing to scale up regional expansion plans.

Interested in Applying for CGP? You must meet the following requirements:

  • 51% Malaysian owned with primary base of operations in Malaysia.
  • Primary applicant must be Malaysian, aged 18 years and above and residing in Malaysia for the duration of the programme.
  • Commitment from 2 team members who are Founder or C-Level Management to attend the programme and fulfil contract terms.
  • Commitment from 2 team members who are Founder or C-Level Management to attend the programme and fulfil contract terms.

 

  • Direct Equity 800 (DEQ800)

    DEQ800 is a form of equity investment of up to RM800,000 for local tech start-ups.

    This programme aims to fund local early stage high potential technology start-ups.

    Focused investment area under this programme include areas within the National Key Economic Areas (NKEA) such as:

    Financial Services; Tourism; Business Service; Electrical & Electronics; Wholesale and Retail; Education; Healthcare; Communications Content and Infrastucture; Oil, Gas and Energy; Agriculture

    Targeted and Potential Investee Companies are Start-ups with Tech-based products or services that possess the following criteria:

    – Malaysian incorporated company operating less than five (5) years

    – Ownership of at least 51% by Malaysians

    – Revenue of not more than RM5 Million

    – Own or at least hold all IP rights, titles and interest to the prototype, products and/or services.

 

  • CIP300

Cradle Investment Programme 300 (CIP300) is a pre-seed programme which provides financial and value added assistance up to RM300,000 for entrepreneurs to kick-start innovative technology based business ventures.

For more information about Cradle funds, click here!

3- KHAZANAH NASIONAL ENTREPRENEURSHIP OUTREACH

The Khazanah Nasional Entrepreneurship Outreach is a programme initiated by Khazanah Nasional aimed to unearth entrepreneurial talent in Malaysia while equipping them with vital training and industry information via a series of bootcamp and accelerator programmes. Participants need to be Malaysians above the age of 18 years old, in teams of at least two members.

 

                                                                    THE 6 STAGES OF KNEO

For more info, click here!

4- INSKEN

  • Start-Up Programme
  • Scale-Up Programme
  • High Performing Programme

For more info, click here!

5- SAME

For more info, click here!

6- SME CORP

SME Corporation Malaysia (SME Corp. Malaysia) is a Central Coordinating Agency under the Ministry of International Trade and Industry Malaysia that formulates overall policies and strategies for Small and Medium Enterprises (SMEs) and coordinates the implementation of SME development programmes across all related Ministries and Agencies. It acts as the central point of reference for research and data dissemination on SMEs, as well as, provides advisory services for SMEs in Malaysia. SME Corp. Malaysia also assumes the role of the Secretariat to the National SME Development Council (NSDC), which is chaired by the Prime Minister of Malaysia.

For more programme by SME CORP, click here!

7- TECHNOLOGY PARK MALAYSIA

IIC incubatees will be assisted to have access to the comprehensive and integrated fundings by Government or the private lending of commercial banks, venture capital institutions and angels. Assistance rendered includes the following:

  • Personalised Coaching for Pitching; in preparation for approval interview, pitching to venture capitals, etc.
  • Guidance for funds/grants application
  • Preparation of bankable documents
  • Linkage to funding institutions, commercial banks, venture capitals and angels

There shall also be opportunities for business networking with local and international incubation service providers for greater market access.

For more info, click here!

8- MOSTI

The Smart Challenge Fund (SMART Fund) is the government’s initiatives which is open to businesses and researchers interested in competing for funding opportunities for which the Government has identified the strategic and prioritised needs (new technologies, processes, products) with the expectation that the deliverables will solve national problems and identify long term solutions.

Facilitation Fund is intended to help applicants survive the valley of death between the pre-commercialization phase to commercialization. The main objective is to assist applicants to increase the readiness of R&D products to be marketed, through hand-holding by MOSTI Agency (Implementing Agency)

Innovation contributes to productivity, economic growth and societal wellness. It can be the recombination, fusion or integration of technologies that lead to new products, processes or services or the refinement of existing technologies with improved value enhanced efficiency or cost reduction. The final result of innovation is new products, processes or systems by which value can be created for customers, businesses and society. Realising the importance of innovation for wealth creation and social well-being, the Government initiated the Innovation Fund

For more info, click here!

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