THE Entrepreneur Development and Cooperatives Ministry (Medac) introduced the Pengukuhan Mikro Madani Programme through SME Corp Malaysia to strengthen the small and medium entrepreneurs (SMEs) development on Wednesday, Sept 20.

Launched by Minister Datuk Ewon Benedick (picture), the programme is set to empower micro entrepreneurs in improving their capacity and business abilities through loans, grants and SMEs status registration voucher.

He said RM400 million has been allocated for a micro entrepreneurs’ empowerment programme as announced by Prime Minister Datuk Seri Anwar Ibrahim in the Madani Economy Framework, which will be organised by four agencies namely Majlis Amanah Rakyat (Mara), SME Corp, Bumiputera Agenda Steering Unit (Teraju) and Tekun Nasional.

“Today, Medac and SME Corp have established initiatives under this programme, which are the Micro Entrepreneurship Grant (GPM), Micro Biz Financing (MBF), and the Tunas Belia Bumiputera Programme (TUBE), and we have dispersed aids for young entrepreneurs.

“We have also launched the Bumiputera Enterprise Improvement Program (BEEP) Plus Sabah and Sarawak; and SMEs Status Voucher — where we aim to encourage more certificate registration of SME entrepreneurs in the country,” he said.

RM100 million has been channelled through SME Corp for the five initiatives above.

Additionally, Ewon shared that special efforts to assist SMEs in Sabah and Sarawak and the Indian community will be offered through the Micro Madani Programme.

“In line with Madani principles, the Micro Madani Programme will strengthen the development of SMEs by creating an ecosystem that is open to all business segments regardless of background.

“I have requested that a number of allocations under this programme be provided to help micro enterprises in Sabah and Sarawak, especially Bumiputera from the states. I will announce this soon,” he said during his speech.