How is the MyCIF allocation awarded to fundraising companies?
According to MyCIF terms & conditions as amended on 2 August 2021, MyCIF requires the applicant company to have successfully raised their minimum fundraising amount through an ECF platform before they are eligible to submit an application. Furthermore, MyCIF operates on a first-come-first-serve basis, until all allocated funds have been disbursed.
For more information on MCIF, kindly click here.