“With a membership of more than six million, the cooperative sector is the best platform to increase the income and socio-economic level of the community, ” Wan junaidi said at the Medac mandate and launch of the ministry’s 2021 direction yesterday.
PUTRAJAYA: The second phase of the RM17.1mil Entrepreneur and Cooperative Recovery Plan begins this month until May to ensure the sustainability of business operations, including that of micro, small and medium enterprises (MSMEs), cooperatives, social entrepreneurs, startups, and informal entrepreneurs.
Entrepreneur Development and Cooperatives Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar said the second phase was based on the 5E approach, constituting enculture, enable, empower, energise and engage, which is also the direction of the Ministry of Entrepreneur Development and Cooperatives (Medac) for 2021 to develop more than one million MSMEs to become the backbone of the country’s economic growth.
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