New NIMP CoSIF scheme offers higher funding support for smart manufacturing


KUALA LUMPUR: The government has introduced a new Smart Manufacturing scheme under the New Industrial Master Plan 2030's Strategic Co-Investment Fund (NIMP CoSIF) to support small and medium enterprises (SMEs) and mid-tier companies (MTCs) investing in digitalisation and automation.

In a joint statement today, the Ministry of Investment, Trade and Industry (MITI) and the Securities Commission Malaysia (SC) said

the new scheme features an NIMP CoSIF-to-private investment ratio of 2:1, where

The scheme is aimed at eligible SMEs and MTCs undertaking smart manufacturing transformation, including automation, Industry 4.0 adoption, artificial intelligence, robotics, data analytics and integrated digital solutions.

Separately, the government will temporarily increase the NIMP CoSIF co-investment ratio for the "Other Sectors" category to 1:1 from 1:2 until the end of 2027.

MITI and the SC said the enhanced ratio is intended to provide additional financing support for SMEs and MTCs amid economic and market uncertainties.

NIMP CoSIF is a public-private co-investment scheme that channels funding through equity crowdfunding (ECF) and peer-to-peer (P2P) financing platforms across 25 sectors under NIMP 2030.

As at end-June 2026, the scheme had facilitated RM185mil in fundraising for 40 Malaysian companies.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ringgit ends mostly higher against major currencies, but weakens vs US dollar
MBSB Bank provides RM29.6mil financing to Bisajuta for Sabah infrastructure projects
Reservoir Link secures PPA for 200MWac solar facility in Sarawak
MASkargo, IAG Cargo and Qatar Airways Cargo complete first customer shipment trial
Citi appoints Yik Ping Chong as Malaysia commercial banking head
Binastra records 93.4% revenue growth in 1H27, declares 4.0 sen dividend
FBM KLCI falls amid broad selling, ringgit sinks to one-month low
Malaysia strengthens aerospace position as local players move up value chain
Moody’s: 14-17GW additional power capacity to require up to RM95bil investment over 10 years
Malaysia treasurers bullish on AI, digital currencies despite integration barriers

Others Also Read