SUPERB channels RM157m for Bumiputera youth entrepreneurs

SUPERB channels RM157m for Bumiputera youth entrepreneurs
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KUALA LUMPUR (Jan 10): A total of RM157 million has been channelled to Bumiputera youth entrepreneurs through the Bumiputera  Entrepreneur Start-up Scheme Programme (SUPERB) since its launch in 2014, Bumiputera Agenda Steering Unit  (TERAJU) chief executive officer Md Silmi Abd Rahman said.

He said some 183 entrepreneurs had benefited from the programme, with the latest addition of 25 more announced at the 2020 SUPERB Winners Appreciation ceremony officiated by Minister in the Prime Minister's Department (Special Functions) Datuk Seri Mohd Redzuan Yusof yesterday.

All 25 recipients were selected from 1,149 participants through the SUPERB 2020 competition, based on their business presentations since it started in August last year.

“The winners selected this year have presented business ideas that are quite innovative and thorough in terms of digitisation and use of technology, are competitive and able to thrive in line with the new norms," ​​he said in a statement today.

Meanwhile, Mohd Redzuan expressed pride in the achievements of the participants who presented creative and innovative ideas, as well as by applying technological sophistication in developing their businesses.

"This is something that augurs well with current developments that have seen the growth of the gig economy around the world. Malaysia is one of the largest internet user countries in the Asian region and needs to seize opportunities in producing more entrepreneurs, businesses, employment opportunities and gig-based businesses," he said.