MALAYSIA: The Malaysia Co-Investment Fund (MyCIF), a government-backed initiative established in 2019 to support MSMEs by co-investing alongside private investors in equity crowdfunding and P2P financing platforms, announced new schemes to encourage investors. The Silver Economy Scheme encourages investments into MSMEs supporting Malaysia’s aging population, specifically in care-tech, specialized healthcare and senior living; and the VC/PE Profit-Sharing Incentive will see MyCIF sharing 50% of the profits in institutionally backed deals with VC and PE lead investors delivering exits on these investments.
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