Ministry of Entrepreneur Development and Cooperatives (MEDAC), together with Ministry of Women, Family and Community Development (KPWKM) have allocated more than RM18 million for programmes and assistance specifically for women and disabled business operators.
Minister Datuk Seri Dr. Wan Junaidi Tuanku Jaafar said MEDAC, via its agencies, has agreed to work with KPWKM, to assist the target groups mainly in post Covid-19 recovery as well as helping them to expand their operations.
“MEDAC and its agencies are working very hard to provide end-to-end assistance that would significantly contribute not only post Covid-19 recovery but also to help the SME sector to thrive.
“This include offering a wide range and services from financing assistance, micro financing, coaching programmes, training and upskilling programmes all of which aimed to produce more competitive, dynamic and resilient entrepreneurs.
“One area that we want to focus on right now is to assist these businesses to go digital,” he said.
Meanwhile, Wan Junaidi said that MEDAC, via PNS, is also keen to work with KPWKM to identify potential women-owned businesses that could be developed into a homegrown franchise brand.
A total of RM18.2 million has been set aside for this collaboration, which will be used for various programmes, including training, financing assistance and soft loans.
Among the agencies under MEDAC involved in this include INSKEN, TEKUN and SME Corp and Perbadanan Nasional Bhd (PNS).
These agencies will develop various programme with agencies under KPWKM namely the National Population and Family Development Board (LPPKN) as well as the welfare department.