Budget 2020: MaGIC gets RM10mil to develop social enterprises


  • TECH
  • Friday, 11 Oct 2019

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.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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

Next In Tech News

Czech prime minister in favour of social media ban for under-15s
Analysis-Investors chase cheaper, smaller companies as risk aversion hits tech sector
PDRM calls for greater parental vigilance as grooming by online predators leads victims to share more CSAM content
New app helps you sit up straight while at your computer
Dispose of CDs, DVDs while protecting your data and the environment
'Just the Browser' strips AI and other features from your browser
How do I reduce my child's screen time?
Anthropic buys Super Bowl ads to slap OpenAI for selling ads in ChatGPT
Chatbot Chucky: Parents told to keep kids away from talking AI dolls
South Korean crypto firm accidentally sends $44 billion in bitcoins to users

Others Also Read