Selangor government will introduce a RM10,000 interest-free financing scheme for citizens keen to venture into entrepreneurship.
Mentri Besar Datuk Seri Amirudin Shari said applications for the “Pembiayaan Dana Pantas Usahawan” fund could be made through the Dana Plus by Hijrah Selangor app.
“The programme, expected to benefit 2,000 aspiring entrepreneurs, has a three-year payback period,” he said, disclosing that RM20mil was set aside for it.
He said this while presenting Phase Two of the Selangor Resilience Strengthening Package (PPDTS), which involves a RM209.26mil fund, at Bangunan Dewan Negeri Selangor in Shah Alam yesterday.
The package also includes the Selangor Entrepreneur Recovery Initiative aimed at helping entrepreneurs restructure their businesses following declines in performance due to supply disruptions.
Amirudin said about 6,000 entrepreneurs with existing loans from Yayasan Hijrah Selangor were eligible to apply for interest- and penalty-free loan restructuring to help ensure their businesses remain sustainable during this challenging period.
A RM4mil sum has also been set aside for the career transition programme under Platform Selangor (PLATS) to assist jobless individuals venture into entrepreneurship.
Amirudin said the programme offered 5,000 slots, with participants receiving 12 months of Internet and mobile data support.
The assistance would help them access digital entrepreneurship training modules and apply for financing or loans to start their businesses, he said.
“After that, they will receive guidance from PLATS on business strategies and be exposed to its business ecosystem.
“They will also receive an allowance to ease their living cost,” he added.
The state government allocated RM1.5mil for the Selangor Career Programme to help make matches between people who have lost their jobs, and industries seeking workers with the right skills.
“Some 30,000 Selangor citizens looking for employment will participate in this year’s programme,” said Amirudin.
“The state government is working with the Social Security Organisation (Perkeso) and industry stakeholders in sectors such as retail, manufacturing and logistics to implement this programme,” he added.
