Alta Malaysia – Co-investment Funds Guide

CoSIF sectors and ratios

Proprietary platform that helps with price discovery, massive partnership fund raising with PCM, wrapping for liquidity to investors.

Full ratio table on sc.com.my ->

Highest ratio

Semiconductor Scheme

Ratio 2:1 · up to RM20 million per campaign

CoSIF invests RM2 for every RM1 raised from private investors. Open to eligible companies operating anywhere in the semiconductor value chain, regardless of NIMP sector.

Highest ratio

Smart Manufacturing Scheme

Ratio 2:1 · up to RM20 million per campaign

The same RM2 for every RM1, regardless of NIMP sector, for companies undertaking smart manufacturing transformation — automation, Industry 4.0 adoption, digitalisation and other productivity-enhancing initiatives.

Semiconductor Scheme

Ratio 2:1 · up to RM20 million per campaign

Aerospace
Chemical
Electrical & electronics
Pharmaceutical
Medical devices

New Growth Sectors

Ratio 1:1 · up to RM20 million per campaign

Advanced materials
Electric vehicles
Renewable energy
Carbon capture, utilisation and storage

Other Sectors

Ratio 1:2, temporarily 1:1 · up to RM10 million per campaign

From 8 July 2026 to 31 December 2027 these sectors move to a more favourable 1:1 ratio.

Digital and ICT · automotive · food processing
Global services and professional services · halal
Machinery and equipment · manufacturing related services
Metal · mineral · palm oil-based products
Petroleum products and petrochemicals · rail
Rubber-based products · shipbuilding and ship repair
Textile, apparel and footwear · wood, paper and furniture

Special Schemes

Ratio 1:1

JS-SEZ — SMEs and MTCs operating in the Johor-Singapore Special Economic Zone in NIMP-aligned sectors. Up to RM20 million for priority and new growth sectors, RM10 million for others.

MyABE — companies holding MyABE status under the Malaysian-ASEAN Business Entity programme, up to RM20 million regardless of NIMP sector

Ratios are stated as CoSIF's contribution against private investment. Sectors, ratios and caps are set by MITI and the Securities Commission Malaysia and may change — check the SC website for the current position.

CoSIF eligibility criteria

A campaign needs to satisfy all three. We check them with you during assessment, before your raise goes live.

Sector

Your business operates in a covered sector, or qualifies under one of the special schemes. Which sector you sit in determines both the ratio CoSIF invests at and the maximum co-investment per campaign.

Manufacturing Licence or ICA exemption

You hold a valid Manufacturing Licence under the Industrial Coordination Act 1975, or you are exempt from the licence and can evidence that exemption. Smaller manufacturers commonly fall under the exemption thresholds rather than holding a licence.

NIMP 2030 mission

The project you are raising for advances at least one of the four NIMP 2030 missions:

Advance economic complexity
Tech up for a digitally vibrant nation
Push for net zero
Safeguard economic security and inclusivity

Malaysia Co-Investment Fund (MyCIF)

Set up under Belanjawan 2019 by the Ministry of Finance and administered by the Securities Commission Malaysia, MyCIF co-invests in MSMEs and social enterprises alongside private investors on registered equity crowdfunding and P2P financing platforms, so that public money crowds in private capital rather than replacing it.

Open to all Malaysian MSMEs that meet the platform's requirements
RM1.50 billion co-invested in 11,512 MSMEs from Q4 2019 to Q4 2025
RM6.21 billion of private capital invested alongside the fund
89% of co-investments went to micro and small businesses

MyCIF on the SC website

MyCIF schemes

Every campaign starts on the General Scheme. Three targeted schemes carry a stronger 1:2 ratio, meaning MyCIF invests RM1 for every RM2 you raise from private investors.

Full scheme terms on sc.com.my ->

General MSME Scheme

Ratio 1:4 · up to RM1 million per campaign · ECF and P2P

The default scheme, open to all MSMEs that meet the requirements set by the participating platform. MyCIF invests RM1 for every RM4 raised from private investors.

Food Security Scheme

Ratio 1:2 · ECF and P2P

Supports the national food security agenda, covering MSMEs in the upstream segment of agriculture, the bio-economy sector and agritech.

0% financing rate on eligible P2P campaigns
MyCIF forgoes dividend income on eligible ECF campaigns
Also applies to waqf asset development projects in the same segments

Environmental & Social Impact Scheme

Ratio 1:2 · ECF and P2P

Supports the national food security agenda, covering MSMEs in the upstream segment of agriculture, the bio-economy sector and agritech.

Community
Education
Environment
Food security
Healthcare

Silver Economy Scheme

Ratio 1:2 · ECF and P2P

For MSMEs providing services and innovative solutions for an ageing society and the care economy. A business needs to operate in at least one of these areas.

Healthcare services
Disability support services
Health tech and innovation
Aged-care services
Childcare services

Additional MyCIF incentives

Islamic risk-sharing

Available until the end of 2026

To encourage Musharakah and Mudharabah structures on ECF and P2P platforms, MyCIF invests on a first-loss basis in campaigns structured under Islamic risk-sharing models, and at a 0% financing rate on P2P campaigns.

Profit-sharing for VC and PE led deals

Equity crowdfunding only

MyCIF shares 50% of its profits with the VC or PE lead investor that delivers the exit, which brings institutionally backed deals within reach of crowd investors.

How co-investment works

You don't apply to the funds directly. You raise on Alta Malaysia, and the fund co-invests if your campaign qualifies.

Raise on Alta Malaysia

Submit your application. We assess the business and confirm which fund and scheme apply before the campaign goes live.

Secure private investors

Your campaign runs as normal and has to meet its funding target on its own merits.

The fund co-invests

Once the target is met and the scheme conditions are satisfied, the fund invests at its set ratio on the same terms as everyone else.

One application covers both funds. Investing in private companies carries significant risks including illiquidity and loss of capital.

Your Malaysia investing journey begins here

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Government co-investment on Alta Malaysia

NIMP 2030 Strategic Co-Investment Fund (CoSIF)

CoSIF sectors and ratios

Semiconductor Scheme

Smart Manufacturing Scheme

Semiconductor Scheme

New Growth Sectors

Other Sectors

Special Schemes

CoSIF eligibility criteria

Sector

Manufacturing Licence or ICA exemption

NIMP 2030 mission

Malaysia Co-Investment Fund (MyCIF)

MyCIF schemes

General MSME Scheme

Food Security Scheme

Environmental & Social Impact Scheme

Silver Economy Scheme

Islamic risk-sharing

Profit-sharing for VC and PE led deals

How co-investment works

Raise on Alta Malaysia

Secure private investors

The fund co-invests

Your Malaysia investing journey begins here

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