The Malaysia Co-Investment Fund (MyCIF) has launched two new funding measures for MSMEs, targeting businesses linked to the ageing economy and deals led by venture capital and private equity firms.
The measures include a Silver Economy Scheme covering care-tech, specialised healthcare and senior living, as well as a profit-sharing incentive to attract VC and PE-led deals to equity crowdfunding platforms.
Under the incentive, MyCIF will share 50 percent of profits with VC and PE lead investors that deliver exits, giving crowd investors access to those deals.
Gobi Partners and OSK Ventures International have expressed interest in bringing such deals to the platforms.
The fund also said its Food Security Scheme will be expanded to include agri-tech startups, as part of efforts to modernise agriculture and improve productivity.
Finance Minister II Datuk Seri Amir Hamzah Azizan said the fund would receive up to RM50 million for 2026, comprising RM30 million from the federal budget and an additional RM20 million.
Since its launch in 2019, the fund said it has co-invested more than RM1.5 billion alongside RM6.2 billion from private investors, supporting RM7.7 billion in fundraising for over 11,500 MSMEs.
Returns from those investments have also enabled the Ministry of Finance’s cumulative RM290 million grant to be recycled 5.2 times, it said.
The fund, which says its model is the first of its kind in Southeast Asia, co-invests alongside private investors in eligible equity crowdfunding and peer-to-peer financing campaigns.
Securities Commission Malaysia Chairman Dato’ Mohammad Faiz Azmi said the model could scale further to meet funding needs across the economy.
“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.”
Featured image: Edited by Fintech News Malaysia, based on image by ngagecalssic via Freepik
