MaGIC to have social business fund


  • Nation Premium
  • Saturday, 09 Nov 2013

KUALA LUMPUR: A social business fund will be set up under the Malaysian Global Innovation & Creative Centre (MaGIC) to help the start-up of social business enterprises, said Prime Minister Datuk Seri Najib Tun Razak.

“I will allocate RM20mil for this, to fund social business enterprises provided they meet their objectives, which should be to change the lives of many people for the better,” he said while addressing participants of the global social business summit here yesterday.

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