Up to RM50 million allocation to MyCIF for 2026
Kuala Lumpur, 16 March 2026
The Malaysia Co-Investment Fund (MyCIF) today announced new initiatives for MSMEs to seek funding in emerging growth areas and make it easier for investors to access high quality investment opportunities.
The announcements were made by Finance Minister II YB Senator Datuk Seri Amir Hamzah Azizan at the MyCIF Engagement Day at the SC today. The theme of the event is “Catalytic Capital for National Impact.”
To support national priorities, MyCIF has introduced the following initiatives:
Following the 2026 Federal Budget allocation of RM30 mil, an additional RM20 million will be allocated to MyCIF for 2026.
In addition, the Food Security Scheme will be expanded to include agri-tech startups to encourage investments in innovation that supports national efforts to modernise agriculture for increased productivity and food security.
Beyond the new initiatives, MyCIF announced that it has exceeded RM1.5 billion in co-investments since its inception in 2019. Combined with RM6.2 billion from private investors, MyCIF has enabled RM 7.7 billion of funds raised to support over 11,500 MSMEs, ranging from traditional businesses to tech-enabled businesses, over the last six years.
In addition, returns from MyCIF co-investments has enabled MOF’s cumulative grant of RM 290 million to be recycled by 5.2 times.
The MyCIF model is the first-of-its-kind in Southeast Asia that allows the government to co-invest alongside private investors on eligible ECF and P2P campaigns.
SC Chairman Dato’ Mohammad Faiz Azmi said that MyCIF has significantly helped MSME growth by attracting fundraising through ECF and P2P platforms, funding not easily available through more conventional avenues.
“The MyCIF model synergises the resilience of public capital with the collective wisdom of the crowd. I strongly believe there is potential for this model to scale further to address funding needs and fuel growth for the economy,” he said.
The MyCIF Engagement Day featured curated series of dialogues and digital gallery highlighting a six-year journey of MyCIF impact. The half-day event attracted over 150 representatives from government agencies, VCs, PEs, ECF and P2P sectors and the MSME community.
For more information, visit https://www.sc.com.my/mycif.