News / 5 November 2019

Malaysia Is Tackling Entrepreneurship With RM1 Bil in 2020, Here’s What The Gov Is Doing

It was announced during Budget 2020 that over RM1 billion will be allocated to boosting entrepreneurship in Malaysia, across multiple segments of the society.

But money isn’t the only thing needed to make Malaysia an entrepreneurial nation—we need policies too, and inclusive ones at that.

During a panel discussion titled “Policies towards Building an Inclusive Entrepreneurship Ecosystem” on Day 2 of the E-Nation Symposium, we had the opportunity to witness a productive conversation about entrepreneurship policies between:

  • YBhg. Datin Dr. Syahira binti Hamidon, Senior Director, Policy and International Relations Division, Ministry of Entrepreneur Development (MED)
  • Muhammad Nazim bin Abdul Rahman, Deputy Under Secretary, Strategic Planning, Ministry of Rural Development (KPLB)
  • Dr. Zainah binti Shariff, Deputy Director General, Youth Development Division, Ministry of Youth and Sports (KBS)
  • Ali Salman, CEO, Institute for Democracy and Economic Affairs (IDEAS)
  • Zikri Kholil, Co-founder and CCO of Incitement

Moderating the discussion was Amiruddin Abdul Shukor, Executive Director of Finance & Corporate Services at MaGIC.

Based on what was said during the panel, here are 7 things we know the government is doing to encourage entrepreneurship across the diverse segments of Malaysian society.

 

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