Distributed US$55.8m worth of grants to over 1,000 local entrepreneursThe Ministry of Science, Technology and Innovation announced Cradle Fund Sdn Bhd had contributed US$400 million to the national GDP since its establishment in 2003 through the agency’s grant and investment programmes.
“Startups play a pivotal role as crucial drivers of innovation, constantly seeking opportunities to challenge norms and embrace risk-taking. This resilience and innovative spirit were evident during the COVID-19 pandemic, where local businesses emerged even stronger, fuelled by their commitment to innovation.
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