Business

Superb channels RM157 mil to Bumiputera youth entrepreneurs

The start-up scheme says it has benefitted 183 entrepreneurs since its launch in 2014

Updated 5 years ago · Published on 10 Jan 2021 1:07PM

Superb channels RM157 mil to Bumiputera youth entrepreneurs
The Bumiputera Entrepreneur Start-up Scheme Programme says it has channelled RM157 million to Bumiputera youth entrepreneurs since its inception in 2014, benefitting some 183 entrepreneurs. – Pixabay pic, January 10, 2021

KUALA LUMPUR – A total of RM157 million has been channelled to Bumiputera youth entrepreneurs through the Bumiputera Entrepreneur Start-up Scheme Programme (SUPERB) since its launch in 2014, Bumiputera Agenda Steering Unit  (TERAJU) chief executive officer Md Silmi Abd Rahman said. 

He said some 183 entrepreneurs had benefited from the programme, with the latest addition of 25 more announced at the 2020 SUPERB Winners Appreciation ceremony officiated by Minister in the Prime Minister’s Department (Special Functions) Datuk Seri Mohd Redzuan Yusof yesterday.

All 25 recipients were selected from 1,149 participants through the SUPERB 2020 competition based on their business presentations since it started in August last year.

“The winners selected this year have presented business ideas that are quite innovative and thorough in terms of digitisation and use of technology, are competitive and able to thrive in line with the new norms,” he said in a statement today.

Meanwhile, Mohd Redzuan expressed pride in the achievements of the participants who presented creative and innovative ideas and applied technological sophistication in developing their businesses.

“This is something that augurs well with current developments that have seen the growth of the gig economy around the world. Malaysia is one of the largest internet user countries in the Asian region and needs to seize opportunities in producing more entrepreneurs, businesses, employment opportunities and gig-based businesses,” he said. – Bernama, January 10, 2021

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