Ministry pushes for RM200mil graduates entrepreneurship programme

Ministry pushes for RM200mil graduates entrepreneurship programme

Minister Noh Omar hopes the allocation will be approved in Budget 2023.

Entrepreneur development and cooperatives minister Noh Omar said the PUSH programme was one of seven new initiatives under the ministry for Budget 2023. (Bernama pic)
KUALA LUMPUR:
The entrepreneur development and cooperatives ministry has asked for the proposed allocation of RM200 million for the graduates entrepreneurship programme (PUSH) to be included in Budget 2023.

Its minister Noh Omar said PUSH was aimed at encouraging entrepreneurship among graduates and it was one of seven new initiatives under the ministry for Budget 2023.

Previously, an allocation of RM200 million for the informal and micro financing scheme (SPIM) was opened to micro entrepreneurs who were without a business licence and since Jan 1, applications for the loans were taken up within three months.

“I hope for approval for PUSH and we are asking for RM200 million, which is the same amount for SPIM,” he said at a news conference after the launching of Penjana Komuniti@SME Bank 3.0, here.

The SME Bank has continued the corporate social responsibility programme aimed at boosting the business of B40 entrepreneurs.

The bank has allocated RM1.7 million for the Penjana Komuniti@SME Bank 3.0 programme involving 249 entrepreneurs from the B40 group.

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