Business

Insken coaching helps participants boost average sales by 29%

Entrepreneur development programme meets aim of guiding businesses through sustainability via digitalisation

Updated 5 years ago · Published on 26 Jan 2021 5:30PM

Insken coaching helps participants boost average sales by 29%
A participant registering for the National Institute of Entrepreneurship’s Online Onboarding Coaching Programme, a four-month course targeted at helping entrepreneurs revive, sustain, and improve their businesses. – Insken pic, January 26, 2021

KUALA LUMPUR – First-cohort participants of the National Institute of Entrepreneurship’s (Insken) Online Onboarding Coaching Programme (E-Board) recorded an outstanding 29% increase in average sales.

The agency, which is under the purview of the Entrepreneur Development and Cooperatives Ministry (Medac), said 209 entrepreneurs completed this four-month coaching programme, which ended last November, and a virtual graduation ceremony was held to celebrate their success.

Currently, the second intake of E-Board is ongoing with a total of 250 entrepreneurs, while the third, targeted to begin in mid-February, is open for registration, it said in a statement today.

Entrepreneur Development and Cooperatives Minister Datuk Seri Wan Junaidi Jaafar said Insken has assisted micro- and informal entrepreneurs to revive affected businesses, emphasising on providing guidance to sustain their businesses through digitalisation.

“This is not an easy task. Entrepreneurs from these categories not only need to be trained but also require guidance in a more holistic manner. They must be closely monitored to ensure that their business scale and skills can be improved as there are various challenges that lie ahead,” he said.

Wan Junaidi added that Insken’s “hand-holding” approach, instilled in its coaching programmes including E-Board, should be implemented more in any entrepreneur development initiatives and programmes. – Bernama, January 26, 2021

Related News

People / 1mth

Fitness passion drives Everest Base Camp triumph

Education / 2y

Draper University to set up first campus outside of Silicon Valley in KL

Women / 2y

Flavours of success: Women food entrepreneurs share their dreams and aspirations

Business / 2y

Anwar announces RM1 bil allocation for ‘new generation’ Bumiputera entrepreneurs

Malaysia / 2y

Govt boosts iTekad grant allocation by RM6 mil to aid B40 entrepreneurs

Business / 2y

Fadillah urges entrepreneurs to cooperate to boost startup ecosystem

Spotlight

Malaysia

Bersatu-PH tie-up a possibility as coalition seeks Malay support, analyst says

By Alfian Z.M. Tahir

Malaysia

Woman molested on her way home from work (video)

Malaysia

Court allows Daim's daughter to permanently keep passport

Malaysia

Santiago pokes holes in data centre hype, asks: Who really benefits?

By Alfian Z.M. Tahir

Malaysia

Jeweller vows to pursue Rosmah until ‘every penny’ is recovered as RM67.5m battle enters enforcement phase

Malaysia

Ambulance carrying two injured men crashes en route to hospital after MPV collision in Besut

Malaysia

Man blames 'lack of love' for sexual assault on teens

Business

BNM's OPR to stay at 2.75 pcent in 2026 amid strong domestic demand - Kenanga IB

Malaysia

Missing jewellery: Rosmah ordered to pay RM67.5 million

You may be interested

Business

Kami Builders secure RM300 million ASEAN sustainability sukuk, channels Islamic capital into QIU campus development

Business

Ringgit holds firm against major currencies as markets await key US inflation data

Business

Unemployment rate rises to 3.0 per cent in April 2026 - DOSM

Business

BNM's OPR to stay at 2.75 pcent in 2026 amid strong domestic demand - Kenanga IB

Business

AI should support human thinking, not replace it - MDEC CEO

Business

Open fibre sues Bank Pembangunan, six others in RM2b claim over Aries telecoms liquidation

Business

Ringgit holds firm despite US inflation shock as markets brace for Federal Reserve decision