Efficient mechanism for partnership with Malaysian private investors to empower MSMEs

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:

Investment Ratio
Maximum Investment Amount
General MSME SchemeECF and P2P
1:4RM1 million
Agriculture Scheme1:2
Environmental, Social, Governance (ESG) SchemeECF Only
Social Enterprise SchemeP2P Only1:1RM500,000

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

ECF & P2P campaigns
co-invested in


MSMEs which have received
Total co-invested from initial RM230M allocation
Private sector investments alongside MyCIF
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: 

    1. 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
    2. Meet the requirements set forth by respective MyCIF participant’s platform.

  • Agriculture Scheme
    1. All business involved in agriculture-related economic activities such as agrotechnology, plantation, fishery, livestock, agriculture by-products and more.
    2. Meet the requirements set forth by respective MyCIF participant’s platform.

  • Environmental, Social, Governance (ESG) Scheme
    1. All businesses providing any of the service specialization of ESG sectors as set up below:
      1. Renewable energy (must be involved in the supply chain for such services)
      2. Waste and water management.
      3. Circular economy (engage in activities that promote reduce, reuse, recycle)

    2. Meet the requirements set forth by respective MyCIF participant’s platform.

How to Apply for MyCIF? 


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.

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

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