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What is a good business idea? Before answering the question, What is a good business idea? Let me ask you this question, do you need a good business idea to start your business? A long time back, my MBA professor once told me that...

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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...

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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...

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Is Friendster better off with MOL? In the last post, i had talked about losing mind share in US. However, Friendster is still very strong in Asia, especially in Malaysia and Philippines. Friendster is the #11 site in Malaysia and #6...

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Friendster is losing mind share in the US – Try searching... Friendster is now Malaysian. Malaysia’s MOL has just bought Friendster a couple of weeks back for an undisclosed sum. It was rumored to be at the region of USD 26 million, a large sum of money considering...

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Budgeting for Cradle pre-seed grant

Posted by Chris Leong | Posted in Funding, Tech Business | Posted on 19-03-2010

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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.

CradleBudget thumb Budgeting for Cradle pre seed grant

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.

Enabling Your Business Ideas With Grants – Cradle Funds

Posted by Chris Leong | Posted in Funding, Tech Business | Posted on 13-01-2010

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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.

CradleFundingEcosystem thumb Enabling Your Business Ideas With Grants   Cradle Funds

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 thumb Enabling Your Business Ideas With Grants   Cradle Funds

Commercialisation Grant (CIP500)

Cradle Ad CIP5002 thumb Enabling Your Business Ideas With Grants   Cradle Funds