Alternative Funding – What is it about?

The COVID-19 pandemic has severely affected the sustainability of startups and tech companies in Malaysia. Companies especially with less than 3 years of operations are faced with various challenges tapping into funding facilities as banks will prioritise existing customers with track records. As such, an alternative avenue for funding and financing is necessary for them.

In response to this, MDEC has partnered with 11 Equity Crowdfunding (ECF) and Peer-to-Peer (P2P) platforms to help entrepreneurs tide the economic challenges & provide cash flow relief for micro, small & medium enterprises (MSME). MDEC will offer priority assessment to all applicants by screening your eligibility before submitting them to the selected ECF/P2P operators.

APPLY NOW

2020 program key statistic

Total Applicants

98 companies

Total Funding Request

RM 131.65 mil

No. of Companies Live/Pre-Live

16 companies

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

CLICK 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 will submit potential applicants to respective ECF & P2P partners

How can I invest in these companies?

We also encourage all Malaysians to lend a hand to these rising startups that are in need of your support to continue serving you. Join us in the fight against the COVID-19 pandemic and let’s support our local tech companies. Together, we can play an important role in addressing this emergency.

To start investing, please visit our partners’ website.

ECF PlatformP2P Platform
  • pitchIN

    pitchIN, a Registered Market Operator (RMO) with the Securities Commission, is Malaysia’s and Asia’s leading equity crowdfunding platform.

    Know More

  • ATA Plus

    Ata Plus, an Equity Crowdfunding (ECF) platform registered with the Securities Commission is Malaysia’s fastest growing ECF platform

    Know More

  • CrowdPlus Sdn Bhd

    CrowdPlus.asia is ASEAN’s FIRST Equity Crowdfunding Platform and is backed by Netrove Ventures, a regional venture capital firm.

    Know More

  • Eureeca

    Eureeca is the first global equity crowdfunding platform.

    Know More

  • Leet Capital Sdn Bhd

    Leet Capital is an equity crowdfunding platform that is part of the 1337 Ventures ecosystem.

    Know More

  • MyStartr

    Mystartr is the fastest growing Equity Crowdfunding platform in Malaysia

    Know More

  • Fundnel

    Fundnel is Southeast Asia’s largest private investment technology platform.

    Know More

  • Ethis Ventures

    Ethis Malaysia is a Securities Commission Malaysia approved Shariah compliant equity crowdfunding platform.

    Know More

  • CapBay

    CapBay is an award-winning Multi-Bank Supply Chain Finance and P2P Financing platform that provides comprehensive business financing solutions

    Know More

  • Funding Societies

    Launched in early 2017, Funding Societies Malaysia is the first and largest P2P financing platform in Malaysia.

    Know More

  • microLEAP

    microLEAP is an Islamic fintech platform that focuses on the microfinance sector.

    Know More

  • MoneySave

    MoneySave P2P is a World’s 1stP2P Crowdfunding Platform offering >20 Risk Reduction Incentives to SME Buisnesses

    Know More

  • QuicKash Malaysia Sdn Bhd

    QuicKash Malaysia aims to bring businesses and investors together in a vibrant, innovative marketplace for peer-to-peer financing.

    Know More

  • B2B Finpal Sdn Bhd

    B2B Finpal is a peer-to-peer financing platform for businesses in Malaysia.

    Know More

APPLY TO GET ECF/P2P FUNDED

CLICK HERE

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
  • Complimentary Startup Valuation Report by Equidam

    Eligibility: For startups that have completed their onboarding process with selected platform partners

    Know More About Equidam