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Daily Express
04-07-2025
- Business
- Daily Express
Tekun channels RM43.7 million to 2,213 Sabah entrepreneurs
Published on: Friday, July 04, 2025 Published on: Fri, Jul 04, 2025 Text Size: Ewon said the amount involved eight financing schemes for micro-entrepreneurs and contractors, with the Kontrak-i Financing Scheme receiving the highest allocation this year. Kota Kinabalu: The National Entrepreneurial Group Economic Fund (Tekun Nasional) has channelled RM43.71 million to 2,213 entrepreneurs in Sabah through various financing schemes in the first five months of this year. Entrepreneur and Cooperatives Development Minister Datuk Ewon Benedick said the amount involved eight financing schemes for micro-entrepreneurs and contractors, with the Kontrak-i Financing Scheme receiving the highest allocation this year. Advertisement For this year alone, an allocation of RM71.28 million had been set aside for the Kontrak-i Financing Scheme, the top-funded financing scheme, he said in a statement, Thursday. Ewon said other financing schemes include Tekun Niaga, the Craft Entrepreneur Financing Scheme, the Tekun Online Financing Scheme, the Technical and Vocational Education and Training (TVET) Entrepreneur Financing Scheme, the Teman Tekun Scheme, the Usahawan Tamu Financing Scheme (SPUT) and the Indian Community Entrepreneur Development Scheme. He said RM2.05 million was channelled to 408 entrepreneurs under SPUT from January to May, while RM228,000 was disbursed to 17 craft entrepreneurs under the Craft Entrepreneur Financing Scheme. Ewon added that RM1.07 million was channelled to 36 applicants under the TVET Financing Scheme, which recorded an encouraging response. 'Under the SPUT scheme introduced in 2023, Tekun has disbursed RM13.76 million to 3,050 entrepreneurs in Sabah and Sarawak as of May this year,' he said. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
The Sun
14-06-2025
- Business
- The Sun
TEKUN disburses RM23m in financing to indian entrepreneurs as of May 1
IPOH: The National Entrepreneurial Group Economic Fund (TEKUN Nasional) has disbursed RM23 million in financing to 879 Indian entrepreneurs across the country as of May 1 this year. Senior private secretary to Deputy Entrepreneur Development and Cooperatives Minister, Datuk B. Anbumani, said the government provided the allocation under the SPUMI (Indian Community Entrepreneur Development Scheme) Goes Big financing scheme, benefiting 137 recipients, adding that another 742 Indian entrepreneurs received funding through the TEKUN SPUMI scheme. 'In addition to TEKUN financing, many other initiatives under the Entrepreneur Development and Cooperatives Ministry (KUSKOP) have been rolled out this year, aimed at boosting the economic development of the Indian community. 'Therefore, the Indian community must make the most of the platforms provided by the government, as their economic well-being is crucial. KUSKOP remains committed to supporting Indian entrepreneurs by offering various financing opportunities to help them grow their businesses,' he said. He said this today on behalf of the Entrepreneur Development and Cooperatives Deputy Minister, Datuk Seri R. Ramanan, after the Vanakam MADANI engagement session with Perak Indian entrepreneurs here. Anbumani said that these entrepreneurs are selling sarees, providing transportation services, running restaurants or retail outlets, and are involved in online ventures, among other things.
The Sun
14-06-2025
- Business
- The Sun
TEKUN disburses RM23m to 879 Indian entrepreneurs
IPOH: The National Entrepreneurial Group Economic Fund (TEKUN Nasional) has disbursed RM23 million in financing to 879 Indian entrepreneurs across the country as of May 1 this year. Senior private secretary to Deputy Entrepreneur Development and Cooperatives Minister, Datuk B. Anbumani, said the government provided the allocation under the SPUMI (Indian Community Entrepreneur Development Scheme) Goes Big financing scheme, benefiting 137 recipients, adding that another 742 Indian entrepreneurs received funding through the TEKUN SPUMI scheme. 'In addition to TEKUN financing, many other initiatives under the Entrepreneur Development and Cooperatives Ministry (KUSKOP) have been rolled out this year, aimed at boosting the economic development of the Indian community. 'Therefore, the Indian community must make the most of the platforms provided by the government, as their economic well-being is crucial. KUSKOP remains committed to supporting Indian entrepreneurs by offering various financing opportunities to help them grow their businesses,' he said. He said this today on behalf of the Entrepreneur Development and Cooperatives Deputy Minister, Datuk Seri R. Ramanan, after the Vanakam MADANI engagement session with Perak Indian entrepreneurs here. Anbumani said that these entrepreneurs are selling sarees, providing transportation services, running restaurants or retail outlets, and are involved in online ventures, among other things.
Barnama
14-06-2025
- Business
- Barnama
Tekun Disburses RM23 Mln In Financing To Indian Entrepreneurs As Of May 1
IPOH, June 14 (Bernama) -- The National Entrepreneurial Group Economic Fund (TEKUN Nasional) has disbursed RM23 million in financing to 879 Indian entrepreneurs across the country as of May 1 this year. Senior private secretary to Deputy Entrepreneur Development and Cooperatives Minister, Datuk B. Anbumani, said the government provided the allocation under the SPUMI (Indian Community Entrepreneur Development Scheme) Goes Big financing scheme, benefiting 137 recipients, adding that another 742 Indian entrepreneurs received funding through the TEKUN SPUMI scheme. 'In addition to TEKUN financing, many other initiatives under the Entrepreneur Development and Cooperatives Ministry (KUSKOP) have been rolled out this year, aimed at boosting the economic development of the Indian community. 'Therefore, the Indian community must make the most of the platforms provided by the government, as their economic well-being is crucial. KUSKOP remains committed to supporting Indian entrepreneurs by offering various financing opportunities to help them grow their businesses,' he said. He said this today on behalf of the Entrepreneur Development and Cooperatives Deputy Minister, Datuk Seri R. Ramanan, after the Vanakam MADANI engagement session with Perak Indian entrepreneurs here. Anbumani said that these entrepreneurs are selling sarees, providing transportation services, running restaurants or retail outlets, and are involved in online ventures, among other things. -- BERNAMA
