Over 4,000 entrepreneurs benefited from MYStartup programme, says Mosti

KUALA TERENGGANU: A total of 4,304 entrepreneurs nationwide have benefited from the MYStartup programme organised by the Ministry of Science, Technology and Innovation (Mosti), says Deputy Minister Datuk Ahmad Amzad Hashim.

He said the number had almost reached the target of 5,000 entrepreneurs within the three-year period set by the ministry.

"Over 80% of the entrepreneurs are made up of young people who are very creative, innovative and energetic in building businesses based on science and technology.

"If we don't help, their efforts will be in vain. Thus Mosti will make sure they get enough support not only in terms of funds but also other guidance," he said after the opening ceremony of the 'MYStartup East Coast Region Roadshow' Terengganu here on Sunday (Sept 25).

The MYStartup programme, which was launched on Feb 23, aims to holistically guide entrepreneurs starting from the idea creation stage, then be trained and supported through funding and given the opportunity to highlight their company's profile on the MYStartup website platform.

Ahmad Amzad said MYStartup entrepreneurs' products had attracted nearly 3,000 overseas investors including from Singapore, India, the United Kingdom and China who were interested in establishing cooperation.

"Investors are attracted to MYStartup entrepreneurs' products and ideas that are interesting to be commercialised.

"Thus Mosti through the implementing agent, Cradle Fund Sdn Bhd (Cradle), will try to connect investors and entrepreneurs to penetrate the market," he said. - Bernama

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