The Ministry of Investment, Trade and Industry (MITI) has announced the selection of seven equity crowdfunding and peer-to-peer financing platforms for the New Industrial Master Plan (NIMP) 2030 Strategic Co-Investment Fund (CoSIF).
A total of RM131.5 million will be allocated through these platforms to support domestic SMEs and mid-tier companies (MTCs) engaged in high-tech or high-impact projects within strategic sectors identified under NIMP 2030, which may require significant capital.
The chosen equity crowdfunding platforms include pitchIN, Mystartr, Leet Capital, and Crowdo, while Funding Societies Malaysia, CapBay, and B2B Finpal will operate as peer-to-peer financing platforms. All platforms are registered with the Securities Commission Malaysia (SC).
Launched on 25 February 2025 by MITI and the SC, the NIMP CoSIF aims to accelerate Malaysia’s reindustrialisation by promoting innovation and growth within 21 target sectors and four emerging areas outlined in the NIMP 2030 plan.
Companies wishing to access funding must launch a fundraising campaign on one of the approved platforms. Eligibility will be assessed according to the NIMP CoSIF Criteria, with co-investment ratios determined based on the specific sector.
Applications will open on 2 May 2025. For more details, including the list of eligible sectors and co-investment ratios, visit the official website.
MITI Minister Tengku Datuk Seri Utama Zafrul Aziz stated,
“The initial seven equity crowdfunding and peer-to-peer platforms of CoSIF will help scale up efforts by enabling companies to enhance their economic complexity, rapidly adopt technology, or embark on sustainable journeys, in line with the objectives of NIMP 2030. Our collaboration with the Securities Commission and private sector platforms reflects the MADANI Government’s comprehensive, whole-of-nation approach to fostering sustainable economic growth. We encourage SMEs and MTCs to bring forward their innovative projects to accelerate the nation’s reindustrialisation.”
