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CIMB Islamic, Taylor's to launch second phase of entrepreneurship programme
Last update: 28/07/2018

KUALA LUMPUR, July 28 (Bernama) -- Taylor's Education Group and CIMB Islamic Bank Bhd will roll out the second phase of their joint entrepreneurship programme next year.

The Taylor's-CIMB Islamic Entrepreneurship Programme, initiated last year, is aimed at empowering families in the low-income (B40) group to uplift their earnings' ability through up-skilling and entrepreneurship.

Following its success, the private education pioneer and the bank now plan to launch the second phase, "Program Keusahawan 2.0" (Entrepreneurship 2.0 Programme), they said in a joint statement today.

"This will see the creation of 'Program Keusahawanan Universiti',' Program Keusahawanan Marketplace' and 'Program Keusahawanan Digital' as a platform for the entrepreneurs to continuously learn and link to business opportunities," the statement disclosed.

Taylor's and CIMB Islamic also announced that today, they awarded grants worth RM460,000 under the joint entrepreneurship programme to 107 small business owners from five People's Housing Projects (PPR) in the Klang Valley.

These winners were chosen based on the soundness of their business plans.

During the initial stage of the programme, more than 120 participants attended a series of motivational and educational workshops by successful entrepreneurs, academicians and past grant recipients, to equip them with the necessary business skills and know-how.

Subsequently, those who showed significant improvements in their businesses and operations were selected to present their business plan to a judging panel comprising representatives from Taylor's and CIMB Islamic Bank.

"CIMB Islamic is very pleased to partner with Taylor's to equip these business owners with the skills, know-how and guidance so that they are empowered to take their businesses to the next level," said CIMB Islamic Chief Executive Officer, Mohamed Rafe Haneef.

The Taylor's-CIMB Islamic Entrepreneurship Programme was kicked off in 2017 with 13 small business owners from PPR Sri Pantai being awarded grants totalling RM47,000.

To date, 10 of the 13 enabled business owners have improved their revenue by 30 per cent since the completion of the programme.



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S'pore 3.0082/0116
100 Yen3.7013/7050
Source: Bank Negara Malaysia

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