Budget 2027 for SME financing: RM270 million for ECF and P2P

Quick answer

Budget 2027, tabled on 9 October 2026, sets aside RM270 million to draw private investment into peer-to-peer financing and equity crowdfunding platforms for SMEs, mid-tier companies and social enterprises. The reports we reviewed do not say how it will be split between MyCIF and CoSIF.

Allocation: RM270 million to attract private investment into ECF and P2P platforms
MyCIF / CoSIF split: Not specified in the reports we reviewed. Matching ratios and the administering agency had not been detailed. Check the SC.
Tax: ECF & early-stage investors: Income tax exemptions for individual ECF investors and for catalytic investors in early-stage tech startups extended to 31 December 2030
Stamp duty: P2P: Fixed RM10 on P2P loan agreements from 1 January 2027 to 31 December 2030
Related: startup capital: RM450 million in startup investments through Khazanah’s Jelawang Capital and KWAP’s Dana Perintis (separate from the ECF/P2P allocation)

Background: MyCIF and CoSIF

MyCIF (Malaysia Co-Investment Fund, run by the SC) had co-invested RM1.50 billion alongside RM6.21 billion of private money by end-2025, supporting over 11,500 MSMEs. The general scheme has matched at 1 for every 4 raised, with special ratios for some sectors such as agriculture, ESG and social enterprises.
CoSIF (NIMP 2030 Strategic Co-Investment Fund, MITI with the SC) received RM131.5 million under Budget 2025 and matched RM1 for every RM3 raised through ECF or P2P platforms.
Ratios, caps and eligible sectors are set by the agencies and can change. Always read the current terms on the SC and MITI pages.

Figures are from public news reports of the budget speech and may be refined in the Budget documents and agency circulars.

Sources

From ECF to LEAP, ACE and the Main Market: the listing pathway → · Equity crowdfunding (ECF)