Entrepreneur Development Ministry pledges support for SME growth


KUALA LUMPUR: The Entrepreneur Development and Cooperatives Ministry has pledged to support the growth of Small and Medium Enterprises (SMEs), ensuring facilitation in various aspects, including access to funding.

Deputy Minister Datuk R. Ramanan (pic) said the ministry has identified the critical issues faced by SMEs that need the government's attention following a discussion with the Malaysian Indian Muslim Chamber of Commerce and Industry (Mimcoin).

ALSO READ: SMEs want govt to hit high gear

"I have heard about the problems faced by the SMEs in detail. This includes aspects of development, financial assistance, infrastructure, and networking," he said at a press conference after officiating the 4th SME Congress organised by Mimcoin here on Saturday (Feb 3).

He believes that the Madani government through various agencies such as SME Corp, Bank Rakyat, and Amanah Ikhtiar Malaysia would be able to assist the SMEs in terms of financial financing, entrepreneurial guidance, matching grants, and networking.

Regarding his dialogue with Mimcoin on the challenges encountered by SMEs, he expressed hope that the chamber would serve as a bridge between the ministry and SME stakeholders, facilitating the resolution of any issues.

"There are more than 1,000 SMEs under Mimcoin. So if possible, Mimcoin can be a spokesperson for them (SME entrepreneurs), to forward their issues to the ministry and related agencies," he said.

Earlier in his speech, Ramanan emphasised that the SME Congress serves as the best platform for disseminating knowledge on entrepreneurship, motivation, and enhancing networking among industry players in the SME sector.

Also present were the Economic Club of Kuala Lumpur chairman, Datuk Seri Mohd Iqbal Rawther, Mimcoin president Datuk Jamarulkan M.S Kadir, and the 4th SME Congress organising chairman, Datuk Abdul Hamid P.V Abdu. - Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

Teen may have drowned trying to save sister at Pantai Cenang
Umno does not need leaders ‘bankrupt’ with ideas, says Zafrul
Visitors flock to 'Raja Kita' exhibition at National Museum
Animal lovers tie the knot in Zoo Negara
Taiping gets RM17.48mil allocation from Housing and Local Government Ministry
RM316mil allocated for Sarawak coastal erosion, flood mitigation efforts, says Fadillah
Next 'Save Malaysia' rally to be held in Permatang Pauh, say organisers
Man arrested trying to smuggle out 2,400kg anchovies to Philippines
Over 500,000 online entrepreneurs trained under MDEC, says chairman
Kiulu’s rural tourism hub aspirations boosted after praise from British visitors

Others Also Read