MyCIF

What is MyCIF?

The Malaysia Co-investment Fund (MyCIF) was set up by the Government to co-invest in Micro, Small and Medium Enterprises (MSMEs) and Social Enterprises alongside private investors via Equity Crowdfunding (ECF) and Peer-to-peer Financing (P2P) platforms.

Who is eligible for MyCIF?

General MSME Scheme: ALL MSMEs who meet the requirements set forth by respective MyCIF participant's platforms.

Social Enterprise Scheme: ALL SOCIAL ENTERPRISEs who have been granted basic SE, SE Accreditation (“SE.A”) or SE Accreditation Plus (“SE.A Plus”) status by the Ministry of Entrepreneurship Development under the Social Enterprise Accreditation program

Agriculture Scheme: All business involved in agriculture-related economic activities such as agrotechnology, plantation, fishery, livestock, agriculture by-products and more.

How does the MyCIF Funding Work?

For all MSME and startups that successfully raised funds from ECF and P2P platforms, MyCIF will invest in the following ratio:

• General MSME Scheme (ECF and P2P): 1:4 Investment ratio, Maximum Investment Amount: RM1million

• Agriculture Scheme (ECF and P2P): 1:2 Investment ration, Maximum Investment Amount: RM1million

• Environmental, Social, Governance (ESG) Scheme (ECF Only): 1:2 Investment ration, Maximum Investment Amount: RM1million

• Social Enterprise Scheme (P2P Only): 1:1 Investment ration, Maximum Investment Amount: RM500K

For instance, in case of 1:4 investment ratio, MyCIF will invest RM1 for every RM4 successfully raised from private investors on the participating platforms.

How to Apply for MyCIF?

1. Apply for financing from any of the ECF and P2P platforms participating in the MyCIF Scheme. List of participating platforms.

2. Get funded from private investors via the ECF or P2P platform.

3. If successfully fulfill the private funding target, the P2P or ECF platform will help to access to MyCIF funding.

Related Sources of Capital