Investments set to bolster innovation in Malaysia's digital economy Six to receive US$100k each, 7th will receive strategic investment
Growth stage accelerator deploys US$464k amidst Covid-19 Pandemic Each finalist to get US$46,400 to grow the business, additional coaching
After many months of planning, discussions and getting feedback from various stakeholders, the much-awaited Cradle Seed Ventures Pte Ltd has finally launched, with RM40mil in its coffers and 30 to 40 startups in its sights.
Proficeo, the programme manager for Cradle Fund Sdn Bhd’s Coach and Grow Programme (CGP), hopes that the next intake will include greater participation from companies in the ‘growth and global’ stages.
DBS Bank has launched a programme to provide financing to tech startups, although it did not state how much capital is being set aside for this venture debt initiative.