Budget 2020: MaGIC gets RM10mil to develop social enterprises

Dzuleira says the allocation will aid a larger segment of the public – from disadvantaged groups, youths and women. — YAP CHEE HONG/The Star

The RM10mil boost to social enterprises in Budget 2020 will aid development of more inclusive startups and in turn help disadvantaged communities, says the Malaysian Global Innovation and Creativity Centre (MaGIC).

Its chief executive officer Dzuleira Abu Bakar says the new budget is a great boon to developing the digital economy, inline with MaGIC’s goals to modernise entrepreneurship through digital technology.