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THE Malaysia Digital Economy Corporation (MDEC) has unveiled its latest Alternative Funding Programme this year to help entrepreneurs who are facing economic challenges in the wake of the Covid-19 pandemic.
INSTEAD of going for a good old, reliable personal loan, why not try something slightly more 21st century and opt for a crowdfunding campaign or a P2P (peer-to-peer) loan instead?
Equity crowdfunding is enabling retail investors to participate in the growth of startups and SMEs, where previously there were only VCs and angel investors. And the fact that Malaysia is the first in the region to regulate ECF also augurs well for the development of a healthy funding eco-system, writes JOY LEE.