Latest news with #RM43.71
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
Daily Express
03-07-2025
- Business
- Daily Express
Eight Tekun financing schemes available for micro-entrepreneurs
Published on: Thursday, July 03, 2025 Published on: Thu, Jul 03, 2025 Text Size: KOTA KINABALU: Sabah Tekun Nasional is offering eight financing schemes for micro-entrepreneurs and contractors, with the Contract-i Financing Scheme receiving the highest allocation this year. Entrepreneur Development and Cooperatives Minister Datuk Ewon Benedick ( pic ) said RM71.28 million has been allocated for the Kontrak-i scheme alone in 2025. He said Tekun Nasional, under his ministry, provides microfinancing for micro, small and medium enterprises (MSMEs) nationwide. From January to May this year, RM43.71 million was disbursed to 2,213 entrepreneurs in Sabah through various schemes, including the newly introduced SPUT, TVET and Craft Entrepreneur schemes. Ewon encouraged more micro and small entrepreneurs to contact Tekun offices nationwide to learn about available financing opportunities. * 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
