RM131mil fund launched to support SMEs


CoSIF will be administered by the SC.

PETALING JAYA: The Investment, Trade and Industry Ministry (Miti) and the Securities Commission (SC) have jointly launched the Strategic Co-Investment Fund (CoSIF) under the New Industrial Master Plan 2030 (NIMP 2030).

With an initial allocation of RM131.5mil, CoSIF will be distributed through equity crowdfunding and peer-to-peer financing platforms to support the growth of local small and medium enterprises (SMEs) and mid-tier companies in strategic sectors.

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SC , Miti , CoInvestment , NIMP2030 , SMEGrowth , EquityFunding

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