It’s a conditional grant that vests entrepreneurs to take their tech ventures to the next level, as well as strategic business support CIP SPRINT is a government-backed funding programme to technology-based SMEs. The grant provides support for commercialization activities, such as product improvements, market expansion and better market access. Along with the financial support, the beneficiaries get access to business networking opportunities, market validation guidance and value-add services to build strong business models.

The grant is paid in advance payments and reimbursement. This is a conditional grant and recipients must comply with the terms of the funding agreement. If a project is discontinued or certain conditions are not met, recipients may be required to repay funds already disbursed. This ensures accountability and proper usage of the grant for business growth