AS PART of their efforts to empower communities and combat urban poverty, Taylor’s Education Group and CIMB Islamic Bank Bhd awarded grants worth more than RM46,000 to 13 residents from PPR Sri Pantai, Kuala Lumpur, based on their outstanding business proposals.
The grants will be used to develop the awardees’ entrepreneurial skills and business acumen to assist with building successful enterprises.
Taylor’s Education Group chief executive officer Datuk Loy Teik Ngan said Taylor’s-CIMB Islamic Entrepreneurial Programme was one of many efforts undertaken by Taylor’s to give back to the community in a sustainable manner.
“We have been working with the residents over the year, but this initiative is an especially meaningful one because we are equipping them with the technical know-how to grow their business and the ability to sustain their business.
“I’m very pleased that CIMB Islamic has joined us for a second year and extended the reach of this initiative to more communities in the Klang Valley next year,” said Loy.
CIMB Islamic Bank chief executive officer Rafe Haneef said, “We are delighted to see the perseverance demonstrated by the PPR Sri Pantai residents who have attained remarkable achievements despite the challenges they faced. It is a great honour that CIMB Islamic is able to empower them with the necessary business skills, to make a real difference in their lives.
“Capacity-building has always been the key driver in our corporate responsibility efforts, and we are confident this programme will yield long-term benefits and uplift the community of not only PPR Sri Pantai, but also other deserving urbanites.”
In the past three months, more than 100 residents from PPR Sri Pantai have engaged with representatives from Taylor’s Education Group and CIMB Islamic via two phases – motivation and education. The next and last phase will be implementation.
The first phase saw the residents attend eight sessions with entrepreneurs Syireen Rose from Peaches & Pens, Mariq Marzuki from Mariq Jewellers and Rizal Rashid from Neuroworks International besides Wan Dazriq Wan Zulkiflee from Malaysian Global Innovation and Creativity Centre (MaGIC) who shared about social entrepreneurship experiences.
From the first phase, 29 residents progressed to the second phase. They were tutored by lecturers from the Business and Law Faculty of Taylor’s University at its campus during the weekends over the course of a month.
At the end of the second phase, 17 were shortlisted to take part in the third phase and were tasked with presenting their business plan to the selection panel from Taylor’s Education Group and CIMB Islamic. The presentation phase culminated with 13 residents receiving grants to grow their businesses.
These recipients will be monitored over the course of six months in the implementation phase, by representatives from Yayasan Salam Malaysia to ensure their businesses grow according to their respective plans.
One of the recipients, Salamah Jalaludin, said this programme had helped her son, Najib Ruzlan, to regain his confidence and provided him a fresh perspective to life.
“Najib grew up loving aeroplanes, so it was natural that he pursued his studies in that field. I was so proud when he graduated with a Diploma and licence in Aircraft Maintenance Engineering.
“However, he was unable to progress further in his dream career as shortly after returning to Malaysia, he had a tumor removed from his brain, which has impacted his eyesight.
“He wasn’t able to find a job for years and this led him to become depressed and lost all hope.
“This programme has given him new hope, and he discovered a love for cooking. By being selected as one of the finalists, he has renewed focus and has big plans for the future; which all of us in the family fully support,” said Salamah, who is also a representative of PPR Sri Pantai.
She added that Najib’s story was just one example of how the project had positively impacted families in the low-cost flats, adding that more residents were excited to participate in next year’s initiative.
Taylor’s and CIMB Islamic are currently looking to finalise the list of communities to partner up with for the 2018 edition of their entrepreneurial programme.
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