CIP Catalyst is one of the two pre-seed conditional grants offered by Cradle under the CIP.

The CIP Catalyst which is targeted at entrepreneurs in general, offers conditional grants of up to a maximum of RM150,000 (via two tranches of RM100,000 and RM50,000) to teams of innovative individuals with innovative, technology-based ideas in the ICT, non-ICT and high growth technology industries.

The primary objective of CIP Catalyst is to facilitate the transformation of innovative technology-based ideas from entrepreneurs of all walks of life into commercially viable business enterprises that would in turn spur the growth of an innovative knowledge-based society and economy in Malaysia.

With the CIP Catalyst, recipients are given a 12-month period to complete the development of their prototypes or proofs-of-concept.