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Awg Tengah: RM152 mln in loans for entrepreneurs

BAU: A sum of RM152.77 million has been approved to assist 1,057 entrepreneurs throughout the state as of April 30, 2014.

In stating this, Second Planning and Resource Management Minister Datuk Amar Awang Tengah Ali Hassan said out of the total, RM129.18 million was in the form of soft loan to 182 applicants under small and medium entrepreneurs (SME).

He said another RM2.73 million was for the development of 37 Bumiputera entrepreneurs under the Bumiputera Entrepreneur Expansion Programme (BEEP).

“The Ministry of International Trade and Industries (MITI) through SME Corp Malaysia up to April 30 this year has approved 36,962 applications for the various assistance for entrepreneurs throughout the country.

“The financial assistance in the form of grant and soft loan was RM351.67 million and RM152.77 out of the total was for applicants from Sarawak,” he said.

He said this in his text of speech read by Assistant Community Development Minister Datuk Peter Nansian Ngusie at the launch of the Micro Entrepreneurs’ Day organised by Association of Research and Development Movement of Singai (Redeems) at its centre near here yesterday.

“In line with the government’s initiative to produce more skilled workforce to achieve high income economy status the government through SME Corp Malaysia has introduced several skills development programme.

“This is aimed at enhancing the skills and knowledge of the manpower in technical aspects and soft skills to improve the productivity of our local SMEs,” he said.

He added that through this programme, SME Corp Malaysia has appointed 46 Skill Development Centres throughout the country to provide short courses to interested entrepreneurs.

“In this programme SME Corp will provide 70 per cent grant of the training fees and up to April this year 4,546 workers from the state had attended the various courses conducted by those centres,” Tengah said.

In this context, he said, the people, particularly the youths should take up every opportunity the government created for them to improve their socio economic status as well as to achieve a high income economy.

“I have been informed that 583 applications for the various programmes have been received from the people in Bau and that a sum of RM2.4 million has been approved to help our rural entrepreneurs improve their business.

“My hope is that more will come forward and make use of every opportunity that is made available by the government through the various agencies to improve your business and increase your productivity,” he said.

Among those present at the occasion yesterday were Opar assemblyman Ranum Mina, SME Corp Malaysia Sarawak director Ursla Unnie and MITI Sarawak region director Abdul Aziz Sharkawi.