Cradle Fund Sdn Bhd (Cradle), an agency under the Ministry of Finance, Malaysia (MOF) is a nonprofit organisation that manages the RM100 million

Cradle Fund Sdn Bhd (Cradle), an agency under the Ministry of Finance, Malaysia (MOF) is a nonprofit organisation that manages the RM100 million Cradle Investment Programme since its inception in 2003. An additional RM175 million was recently added to this allocation under the 10th Malaysia Plan for 2011 - 2015. Evaluate the role of Cradle Fund Sdn Bhd in the venture capital financing You are required to support your answers with relevant studies/models/theories