HOW CAN MY COMPANY BENEFIT FROM THIS?

Simply follow the steps below and we will do our best to match you with the right ECF & P2P partner.

Step 1

Register and Login to MDEC’s GAIN platform

+ Register Here

Step 2

Start Application and Select Funding Facilitation -> Alternative Funding Program

Step 3

Fill in Basic Company Information and Select Preferred ECF/P2P Platform

Step 4

MDEC to conduct basic screening of companies that applied and submit to respective ECF & P2P partners

Officially supported by the Securities Commission

Malaysia Co-Investment Fund (MyCIF)is an initiative administered by the Securities Commission of Malaysia which co-invests with the crowd in either an ECF or P2P campaign.

MyCIF Investments for ECF Campaigns:

Subject to terms and conditions, MyCIF will invest in ECF campaigns that are hosted on the MyCIF participants' platforms in accordance with the following co-investment criteria:

• MyCIF will invest in ECF campaigns based on a 1:4 ratio, in which MyCIF will invest RM1 for every RM4 successfully raised from private investors on the MyCIF participants’ platforms; From 3rd April – 30th September 2020, MyCIF will invest in ECF campaigns based on a 1:2 ratio, in which MyCIF will invest RM1 for every RM2 successfully raised from private investors on the MyCIF participants’ platforms
• MyCIF co-investment is open to all Micro, Small and Medium Enterprises who meet the requirements set forth by respective MyCIF participant’s platform (“ECF Issuer”)
• MyCIF’s maximum investment in each ECF campaign is limited to RM500,000. From 3rd April – 30th September 2020, MyCIF’s maximum investment in each ECF campaign is limited to RM1 million.
• In the event where ECF campaign exceeds 50% of its initial investment target, MyCIF may consider reducing the co-investment percentage.

MyCIF Investments for P2P Campaigns::

Subject to these terms and conditions, MyCIF will invest in P2P campaigns that are hosted on the MyCIF participants' platforms in accordance with the following co-investment criteria:

• MyCIF will invest in P2P campaigns based on a 1:4 ratio, in which MyCIF will invest RM1 for every RM4 successfully raised from private investors on the MyCIF participants’ platforms. From 3rd April – 30th September 2020, MyCIF will invest in P2P campaigns based on a 1:2 ratio, in which MyCIF will invest RM1 for every RM2 successfully raised from private investors on the MyCIF participants’ platforms.
• MyCIF co-investment is open to all Micro, Small and Medium Enterprises who meet the requirements set forth by respective MyCIF participant’s platform (“P2P Issuer”)
• MyCIF’s maximum investment in each P2P campaign is limited to RM500,000. From 3rd April – 30th September 2020, MyCIF’s maximum investment in each P2P campaign is limited to RM1 million).

Are you eligible for this initiative?

Requirement to participate in ECF Under the Guidelines on Recognized Markets issued by the Securities Commission (SC’s Guidelines), your business must be:

• Locally incorporated private companies and/or limited liability partnerships (excluding exempt private companies) with paid-up share capital not exceeding RM 10,000,000;

Requirement to participate in P2P Lending To be eligible your company must be:

• Incorporated in Malaysia with a minimum of 30% shareholding by Malaysian citizens Either a sole proprietorship, partnership, incorporated limited liability partnerships, private limited company or an unlisted public company Operating for at least 1 year Annual turnover of at least RM300,000