Source from Digital News Asia
CRADLE Fund Sdn Bhd, the early stage grant provider, has announced what it called a “strategic partnership” with startup incubator VLT Labs that both hope would increase the commercialisation rate for grant recipients.
Cradle, a non-profit company under Malaysia’s Ministry of Finance, operates the Cradle Investment Programme (CIP), which disburses grants to promising tech startups.
VLT Labs has been appointed a vendor and service provider for the design and development of CIP grant recipients’ business and products.
Founded in 2012, VLT Lab claims to have built over 40 startups, among them Supahands, which offers a virtual assistant service for…