Selangor Journal
Businessman Nasrull Islam Nasir tidying his shop as he awaits customers at Jalan Tuanku Abdul Rahman in Kuala Lumpur on May 6, 2020. — Picture by BERNAMA

MyPRENUER offers training, financing to youth entrepreneurs

PUTRAJAYA, Feb 11 — The Malaysia Youth Entrepreneur (MyPRENEUR), a joint initiative between the Ministry of Youth and Sports (KBS) and Perbadanan Usahawan Nasional Bhd (PUNB), is offering training and a minimum of RM100,000 in business financing to youth entrepreneurs.

MyPRENEUR was launched virtually by Youth and Sports Minister Datuk Seri Reezal Merican Naina Merican and PUNB chairman Tan Sri Noh Omar, which was broadcasted via the ministry’s Facebook Live this morning.

National Youth and Sports Department director-general Datuk Dr Wasitah Mohd Yusof said the initiative was implemented through the Jom Jadi Perantis (Jumper) programme.

The programme is divided into two categories — Jumper Start-Up and Jumper 2.0.

She said the first admission for the bi-annual Jumper Start-Up programme will be conducted on March 15, targeting 350 graduates from the Youth and Sports Skills Training Institution (ILKBS).

“The institution will provide the facilities and access for induction and training sessions, while PUNB provides an allowance of RM1,200 per month during the eight-month training period,” she said at a press conference here, today.

Among the criteria for the Jumper Start-Up programme is that the participants are aged between 18 and 30 years old, runs a business and has products or services to offer, or are interested in entrepreneurship or have a strong desire to grow a business.

Meanwhile, Jumper 2.0 targets 100 former Entrepreneurship Training Programme participants from the Malaysian Youth Development Academy in Batu Gajah, Perak.

The participants should be between the age of 18 and 35 years old, and owns viable businesses that are either retail-based, distribution or wholesale-based which have been operating for at least six months and are in compliance with Shariah principles.

“They will be guided until they reach a level where they can convince PUNB to be considered for a minimum business fund and financing of RM100,000, subject to certain conditions after completing their training,” said Wasitah.

In total, she said MyPRENEUR aims to train about 1,500 potential candidates in the field of entrepreneurship to be developed through the programmes implemented by PUNB.

Apart from Jumper, Wasitah said other programmes that are also implemented under MyPRENEUR are the Uni-Challenge PUNB-KBS, BizKonsultasi and Industry Talk/Coaching.

She said Uni-Challenge is a competition to hone entrepreneurial talent among ILKBS participants, while BizKonsultasi and Industry Talk/Coaching provide advice and guidance to youth entrepreneurs.

Wasitah urged youth entrepreneurs who are interested in participating in any of the programmes under MyPRENEUR to visit the ebelia.iyres.gov.my website or www.punb.com.my.

— Bernama

 

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