MyCIF

What is MyCIF?

The Malaysia Co-investment Fund (MyCIF) was set up as part of Belanjawan 2019 in order 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.

Our Objective

Establish a public-private partnership mechanism for risk capital financing.

Create a more efficient and visible channel to disburse government funds to MSMEs.

Crowd in private investors and spur further growth in the alternative financing markets.

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:


	Platform	Investment Ratio	Maximum Investment Amount
General MSME Scheme	ECF and P2P	1:4	RM1 million
Food Security Scheme	ECF and P2P	1:2
Environmental & Social Impact Scheme	ECF and P2P	1:2

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 2023

43,756

ECF & P2P campaigns
co-invested in

5,062

MSMEs which have received
co-investment

744M

Total co-invested from initial RM250M allocation

3.06B

Private sector investment alongside MyCIF

~74%

MyCIF issuers are
micro or small

Who is eligible for MyCIF?

General MSME Scheme

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

Food Security Scheme

To support the national food security agenda, MyCIF will invest on a 1:2 ratio for ECF and P2P campaigns by MSMEs in upstream segment of agriculture and bio-economy sectors.
For a limited period, the above MSMEs are also eligible to be granted the following MyCIF incentives until the end of 2025:

0% financing rate in eligible P2P campaigns; and
Foregoing dividend income in eligible ECF campaigns.

MyCIF incentives as stipulated in (1) and (2) above will also be applicable to MSMEs financing Waqf asset development projects falling within the same upstream segment of agriculture and bio-economy sector.
The MSMEs are also required to meet the requirements set forth by respective MyCIF participant’s platform.