What is MyCIF?
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 | Social Enterprise Scheme | |
---|---|---|
P2P or ECF | P2P only | |
Investment ratio* | 1:4 | 1:1 |
Maximum investment amount | RM1 million | RM500,000 |
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.
MyCIF in Numbers
Q4 2019 to Q4 2021
2,279
Who is eligible for MyCIF?
ALL MSMEs who meet the requirements set forth by respective MyCIF participant's platforms.
ALL SOCIAL ENTERPRISEs who have been:
How to Apply for MyCIF?
MyCIF Participating Platforms
Announcement and Publication
Announcement
Terms and Conditions Relating to MyCIF Scheme