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
Agriculture Scheme	ECF and P2P	1:2
Environmental, Social, Governance (ESG) Scheme	ECF Only	1:2
Social Enterprise Scheme	P2P Only	1:1	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 2022

34,977

ECF & P2P campaigns
co-invested in

3,635

MSMEs which have received
co-investment

638M

Total co-invested from initial RM230M allocation

2.56B

Private sector investments alongside MyCIF

~94%

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.
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; and
Meet the requirements set forth by respective MyCIF participant’s platform.
Agriculture Scheme
All business involved in agriculture-related economic activities such as agrotechnology, plantation, fishery, livestock, agriculture by-products and more.
Meet the requirements set forth by respective MyCIF participant’s platform.
Environmental, Social, Governance (ESG) Scheme
All businesses providing any of the service specialization of ESG sectors as set up below:
a) Renewable energy (must be involved in the supply chain for such services)
b) Waste and water management.
c) Circular economy (engage in activities that promote reduce, reuse, recycle)
d) Social Enterprise that fulfill Social Enterprise Scheme.
Meet the requirements set forth by respective MyCIF participant’s platform.

How to Apply for MyCIF?

Apply

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

Get Funded

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

Eligible for MyCIF

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

MyCIF Participating Platforms

Announcement and Publication

Announcement

The government has allocated RM 40 mil to the MyCIF fund as announced in Budget 2023

Budget 2022: initiatives for small and medium enterprises that are key to national economic recovery

In 2022, a special ratio of 1:2 will be applied to all eligible MSMEs in agriculture sector, to encourage more innovation in the agriculture business and address national and global food security challenges.

Publications

Annual Report

Media Coverage

Terms and Conditions Relating to MyCIF Scheme

Terms & Conditions Relating to Malaysia Co-Investment Fund Scheme

Amended on 19 September 2023
Effective on 27 September 2019