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:
Platform | Investment Ratio | Maximum Investment Amount | |
---|---|---|---|
General MSME Scheme | ECF and P2P | 1:4 | RM1 million |
Agriculture Scheme | 1:2 | ||
Environmental, Social, Governance (ESG) Scheme | ECF Only | ||
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
3,635
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
Media Coverage
Terms and Conditions Relating to MyCIF Scheme