KUALA LUMPUR: The Malaysia Co-Investment Fund (MyCIF) has co-invested RM165 million in 5,349 Equity Crowdfunding (ECF) and Peer-to-Peer Financing (P2P) campaigns, benefitting 1,197 Malaysian micro, small and medium enterprises (MSMEs) by end-2020.
Securities Commission Malaysia (SC), in a statement today, said MyCIF, a fund administered by the commission on behalf of the Ministry of Finance since October 2019, has deployed the co-investments alongside private sector investments for a total of RM431 million.
In conjunction with the release of the MyCIF Annual report today, the SC noted that the fund initiative has also generated a positive net return of 1.9 per cent on its initial capital as at end-2020.
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COSTA MESA, Calif., March 17, 2021 /PRNewswire/ For the first time, investors can now purchase shares in CycleBoard and capitalize on the company s electric vehicle products and patented technology, offering a unique opportunity to take part in the rapidly growing micro-mobility market.
CycleBoard revealed tiered equity opportunities recently through its crowdfunding campaign on Start Engine https://www.startengine.com/cycleboard where investors can grow with an innovative company in a budding market expected to reach nearly $42 billion by 2030.
CycleBoard s 3 wheel Electric Scooters
Demand for micro-mobility products like electric three-wheel scooters, off-road electric scooters, and a variety of other types of stand-up electric scooters has skyrocketed as people seek alternative forms of transportation. However, many products available today are not designed for safe and practical use by the masses leading to electric stand-up scooters
In a first for Europe, Passion Capital will crowd-fund part of its new $62M fund from retail investors
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10 March 2021, 10:15 am·4-min read
Passion Capital, one of the UK’s first early-stage VCs, is to crowd-fund the final stage of its latest £45 million fund ($62.5m), Passion Capital Fund III. TechCrunch understands this is the first time retail investors have been invited to become LPs in a VC fund, at least in Europe.
Passion says it will use the Seedrs platform, which is normally used by startups themselves for crowd-equity funding campaigns. The move is a highly unusual one for a VC, where LPs are normally drawn from Pension funds and family offices, rather than the ‘person on the street’.
Governments in Canada can increase possibility of four-day workweek by reducing taxes, regulation, Enhancing Productivity Growth by Encouraging Entrepreneurship
Date
26/02/2021
The Securities Commission Malaysia (SC) today launched NaviGate: Capital Market Green Financing Series, a programme to create greater awareness and connectivity between green companies and the capital market.
The first edition of NaviGate, held virtually, focused on micro, small and medium enterprises (MSMEs) and the alternative capital market financing avenues available through the Equity Crowdfunding (ECF) and Peer-to-Peer (P2P) financing. A total of 100 participants and 40 MSMEs from the green technology and sustainable energy sectors in Malaysia participated in the programme which connected them to the ECF and P2P financing platforms.
ECF and P2P financing offer alternatives to traditional financing mechanisms, as these platforms provide smaller-scale financing options to address their financing needs. The Green Financing Survey carried out by the SC in 2020, also highlighted the high demand for smaller-scale financing options and the untapped