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Cradle Investment Programme Application


Category

Software

 

Title of Idea

 

Level of Commitment to the Idea
How many hours a week are you committing to put into developing the idea? Are you working on this idea full-time? Kindly list out any resources which you are willing to put into the idea.

 

Idea Description Summary
Describe your idea, clearly and accurately, in 50 words or less. Please note that this summary will be the only information made available to potential mentors and investors for your benefit. (See pop-up clarification guide for more information).

 

Please list three (3) referees that can testify to your character, capability and expertise in the domain area.
1.  
Name
Relationship to referee
Organisation/Company/Educational Institution
Designation
Tel
Email
   
2.  
Name
Relationship to referee
Organisation/Company/Educational Institution
Designation
Tel
Email
   
3.  
Name
Relationship to referee
Organisation/Company/Educational Institution
Designation
Tel
Email
   

Indications of market reputation, if any.
(I.e. Past projects, awards received, etc.)

 

Extra-curricular achievements, if any.

 

CMT's knowledge of the industry
(I.e. Please write an executive summary not more than 1500 words of why the idea would work. Detail out your industry knowledge, the market opportunity, the technology innovation and customers. Tip: Always refer to pop-up guide given)

 

Business Experience and Capabilities
(In not more than 1500 words, detail and list out the business experience and capabilities of each of your core management team, previous track record, and how these experiences and capabilities will help develop your idea. Capabilities illustrated should be related to the roles and responsibilities of each member in the implementation of this idea.)

 

Goals
(What is your vision, mission and direction for the idea, should it succeed? Detail out your plans for the idea, should it get the required funds that you need to make it a reality over the short, medium and long term.)

 

Stakeholder/Co-Investor Support (Optional)
(Please detail the nature of stakeholder/co-investor support (i.e. identity of stakeholder, amount of matching funds (if any), market and business development, incubation or industry or entrepreneurial mentoring. List out potential parties that would be relevant to your idea.)


a) Stakeholder/Co-Investor
Stakeholder Name Microsoft

Matching Funds Pledged In Cash RM 5000

Market and Business Development (if any).

Identifying/recruiting strategic partners (if any).

Industry/Entrepreneurial Mentoring.


b) Incubation/Acceleration Services

Incubator/Accelerator Name

Details of support services provided.

 

Business Model & Commercial Viability
(Please detail out the Business Model for the idea, i.e. revenue sources, real need for the products and/or services and a ready market for it, why the customer would pay for it, what helps to sustain the business model and potential scalability or scope expansion of the business, etc. See pop-up clarification guide.)

 

Customer & Market
(Please detail out the value proposition to the customer, target industry, marketing strategy, the benefit relative to the price, estimated size of customer market, current customer base (if any) and/or examples of ready customers for the idea. See pop-up clarification guide.)

 

Market Access & Timing
(Please detail out the estimated market acceptance and access, current customer practice, potential or existing competitors and analysis, current or potential substitutes to the product/services, competing or emerging technologies, and why you think that this is the correct time to launch the idea. See pop-up clarification guide.)

 

Economic Trends
(Please detail out the relevant economic trends that would affect the commercial viability of the idea locally, regionally and internationally, i.e consumer market trends, economic growth, disposable income of customers, spending patterns of the customer base, etc. See pop-up clarification guide.)

 

Technology Development & Innovation
(Please detail out and highlight what technology you will be creating/adapting/innovating/inventing with the funding, and list out all the technical modules/sections/parts for your product/service that will be developed/delivered as well as the relevant technology trends that would affect the viability of the idea, i.e new competing technology, new research findings, technology investment focus, etc. See pop-up clarification guide.)

 

Intellectual Property & Regulation
(Please detail out, as far as you know, any rules, regulations, licensing, incentives, monopolies, governing bodies and laws that impact the idea. Specify if there's any Intellectual Property advantage or barriers, patents, copyright, trademarks, standards, certifications that can be applied to your idea. See pop-up clarification guide.)

 

Stage of the Industry & Future Plans
(Please detail out the stage of the Industry, i.e. whether it is still growing or shrinking, estimated acceptance of industry and market to the idea within the next 3-5 years (with reasons to support your belief), and suitability of timing for exploitation of opportunity. See pop-up clarification guide.)

 

Deliverables for Idea Development
(Please specify what the deliverables are for the development of the idea (i.e. Proof of Concept, Business Plan) in relation to the size of the funding requested and within a duration of 8 to 12 months, and then set out the milestones for each tranche involved, together with KPIs. Important, please refer to pop-up guide for detailed explanation.)

 

Size of Funding and Milestones
(Please specify the size of funding required and a simple budgeting breakdown for the utilization of the funding for each tranche. Important, please refer to pop-up guide for detailed explanation.)

Descriptions Amount Date
Mobilisation
(Estimated cost to get started.)
Leave Blank 1 Month 1
Tranche 1
(Time and cost to deliver the first draft of the idea feasibility plan and/or Proof of Concept.)
1 Month
1
Tranche 2
(Time and cost to deliver the second draft of the idea feasibility plan and/or Proof of Concept.)
1 Month
1
Tranche 3
(Time and cost to deliver the final draft of the idea feasibility plan and/or Proof of Concept.)
1 Month
1
  Total 4  

 

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