KUSKOP to help youths go into business - Noh

09/08/2022 06:53 PM

SHAH ALAM, Aug 9 (Bernama) -- The Ministry of Entrepreneur Development and Cooperatives (KUSKOP), via its 11 agencies, is ready to help youths who failed to further their studies but who would like to become entrepreneurs.

Entrepreneur Development and Cooperatives Minister Tan Sri Noh Omar said youths who are interested to become entrepreneurs should seek assistance from his ministry, which has prepared various programmes related to entrepreneurship.

"We will help them (youths), those who want to do business but who are not registered with the Commission of Companies Malaysia and who do not have a place to do business; they can apply for help from the Business Enterprise Group Economic Fund, also known as Tekun, under which there is an informal and micro-financing scheme,” he told the media after officiating the Selangor Ex-Police Association of Malaysia (PBPM) annual general meeting here today.

He said this in response to Senior Education Minister Datuk Radzi Jidin's statement yesterday that 45,526 Sijil Pelajaran Malaysia 2021 candidates failed the Bahasa Malaysia or history subject, or both, thereby failing the exam.

Noh said KUSKOP has successfully trained more than 400,000 individuals in the first six months of this year, an increase of more than 400 per cent from the ministry's initial target.

"We are targeting 143,000 entrepreneurs to be trained involving 11 agencies between January and June this year. Based on a report given to me recently, we have successfully trained over 400,000, an increase of 400 per cent from the initial target," he said.