KUALA LUMPUR, August 4 – A total of 110 micro-entrepreneurs have successfully been guided and upgraded to enhance their competitiveness through the GrowBiz Program. The graduation ceremony for the 2023/2024 GrowBiz Program was officiated by YBhg. Dato’ Sri Suriani binti Dato’ Ahmad, Secretary-General of the Ministry of Entrepreneur Development and Cooperatives (KUSKOP). The GrowBiz initiative, part of the Micro-Entrepreneur Business Development Program (BizME) by SME Corp. Malaysia, focuses on upgrading micro-businesses to small-scale enterprises, boosting their knowledge, efficiency, and productivity.
Introduced in 2021/2022, this cohort marks the second group of graduates. Utilizing a hands-on approach that includes training, coaching, and monitoring, GrowBiz 2023/2024 was implemented by Entrepreneur Culture Incorporated Sdn. Bhd. (ECI) with support from strategic partners Bank Simpanan Nasional (BSN), TEKUN Nasional, and Perak State Agricultural Development Corporation (Perak SADC). YBhg. Dato’ Sri Suriani emphasized the importance of digital transformation, ESG practices, and financial risk management, encouraging entrepreneurs to seize export market opportunities and leverage government programs, which include 275 initiatives with a RM15.1 billion allocation to benefit 479,758 SMEs this year.
