Condition-free funding among BN initiatives to empower Sabah’s young entrepreneurs


Suhaimi meeting with youths in Sungai Sibuga.

KOTA KINABALU: Barisan Nasional’s commitment towards empowering youth is seen through various initiatives including providing a condition-free business fund of RM5,000.

Sabah Barisan Information chief Datuk Suhaimi Nasir (pic) said this is to push youths to be more involved in business and new economic movements.

The Sungai Sibuga candidate said that this assistance is a form of strategic investment and not a political incentive.

He said economists, political and social science analysts feel that the social mobility of youths would only increase if they were given realistic startup capitals.

“They do not need pages of paperworks, they need the capital to start, and if we were given the mandate, we’ll make sure that the funds will reach their objectives and targets,” Suhaimi said.

Nowadays, youths depend on e-hailing jobs such as Grab not because they are interested, but because they have no capital to start up businesses of their own.

He stressed that the implementation of the business startup fund should focus on three key measures such as avoiding burdensome conditions, effectively targeting youth, and ensuring transparent and professional distribution.

 

 

 

 

 

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

Next In Nation

Negri cops nab suspect believed to have burnt several copies of the Quran
Green turtles return to Kelantan coast after three decades
Different audit methods behind RM4.8bil TH gap, says former auditor-general
Marine cops seize nearly RM500,000 worth of illicit ciggies in Tawau
PAC should prioritise investigating TH's post-2017 affairs, says Zahid
Amirudin tasked with detailing cooperation for Melaka state election
Ipoh road closures and traffic diversions announced for National Day
Unhealthy API levels hit west coast as haze drifts from Sumatra
Missing 14-year-old Ampang boy returns home safe
Asean must stop treating haze as an annual ritual, says Lee Lam Thye

Others Also Read