Government offers additional RM130 million for entrepreneurs to grow after the pandemic – PM Ismail.

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KUALA LUMPUR: The organisation of the Entrepreneur Excellence Award 2022 or AKU will certainly encourage and motivate more people to be involved in entrepreneurship.

Prime Minister, Datuk Seri Ismail Sabri Yaakob said, this kind of encouragement is very timely as any excellent achievement needs to be recognised if we want to see more local entrepreneurs to prosper in the business sector.

“The development of entrepreneurship is among the essence of important investment for the development of a country. It becomes the base for innovation competency creations and transformation towards a high income nation.

“The country will be more developed if it possesses a comprehensive entrepreneurship ecosystem that covers several levels,” Ismail said in his speech at the Entrepreneur Excellence Award (AKU) 2022 held here this evening.
The event was organised by the Ministry of Entrepreneur Development and Cooperative (KUSKOP).

The Prime Minister added the Informal and Micro Financing Scheme under TEKUN that allocates RM200 million has been taken up. Hence for the interest of the small entrepreneurs the government has approved an additional provision of RM100 million.

“The Bumiputera Enterprise Enhancement Programme (BEEP) under the SME Corp. that has allocated RM20 million in 2022 has also been taken up. Following that the government has approved an additional RM30 million for such purpose,” Ismail said.

The Prime Minister said: “To handle the COVID-19 effects is not easy but the entrepreneurs who are being celebrated this evening have been successful to proof that it is not impossible to stand up again from the upcoming challenges.

“Congratulation to all the entrepreneurs involved this evening and hope the success achieved will continue to give positive impact and subsequently will trigger motivation to the entrepreneurs in other Malaysian Family,” Ismail said. –Malaysia World News

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