The Malaysian government has also initiated the Malaysia Co-Investment Fund (MyCIF) for ECF and Peer-to-Peer (P2P) financing to increase access to financing for micro, small and medium enterprises where traditionally challenge to obtain financing to catalyse their growth. SC administers the fund which was first announced in 2018 with a RM50 million fund size. Given the success of the fund, the Government increased the fund size by another RM50 million for 2020. MyCIF invests in ECF and P2P campaigns on a 1:4 ratio – for every RM4 invested by others, it will pump in RM1. Its co-investment scheme is open to micro, as well as small and medium enterprises (SMEs) but limited to RM500,000 per campaign. In addition, RM10 million was allocated for co-funding of social enterprises whereby MYCIF will invest RM1 million for a RM1.