Open & ActiveEquity Crowdfunding (ECF)Direct-apply
SC Malaysia — Equity Crowdfunding (ECF) Platforms
Equity Crowdfunding (Public Market — Retail Investors)
Equity crowdfunding via SC-licensed platforms letting Malaysian companies of any stage raise from retail investors with a public pitch.
Open & Active — Multiple SC-licensed platforms: pitchIN, Ata Plus, Ethis (ECF); Funding Societies, MicroLEAP, CapBay (P2P). Apply on individual platforms. NIMP CoSIF boosts E&E raises.
Financial Parameters
- Total pool / mandate
- SC-licensed platforms: pitchIN (pitchin.my), Ethis (ethis.co), Ata Plus (ataplus.my)
- Ticket size
- RM500,000 (minimum typical ECF raise) – RM5,000,000 (SC-regulated ECF raise limit per issuer)
- Cost of capital
- Equity dilution: typically 10%–30% stake to crowd investors; no interest; investor seeks capital gain
- Tenure
- Equity: no fixed tenure; investor hold until exit (acquisition/IPO); typically 3–7 years
- Grace period
- N/A (equity)
- Shariah-compliant
- Both
Focus Areas
- Value chain segments
- IC Design & Embedded SystemsAdvanced Packaging / OSATEquipment Manufacturing / AutomationAdvanced Materials & Substrates
- Use of proceeds
- CapExWorking CapitalR&DCommercialisationExport / Mkt Access
- Company stage
- Any stagePre-revenueEarly revenue (Seed–Series A)
Eligibility
- Ownership requirement
- Malaysian Sdn Bhd; ≥51% Malaysian-owned; not a public listed company
Any stage — pre-revenue to early revenue; scalable business model with public-facing pitch
Application
- Application cycle
- Campaign windows: 30–90 days per campaign; rolling throughout year on each platform
Background
- Example recipients
- Semiconductor startups on pitchIN; can trigger CoSIF matching grant from MOF
- Notes / source
- SC-regulated. Platforms: pitchin.my, ethis.co. Ethis is Shariah-compliant. Source: SC Malaysia sc.com.my