Tuesday, July 9, 2013

myNEF Invests RM1 Million For Technopreneur Programme For Bumi Entrepreneurs

KUALA LUMPUR, July 8 (Bernama) -- The New Entrepreneurs Foundation (myNEF) is investing RM1 million to conduct technopreneur business coaching and mentoring programme for ICT Bumiputera entrepreneurs.

Source from (Bernama): http://www.bernama.com/bernama/v7/bu/newsbusiness.php?id=961764
Published: July 09, 2013


President, Chief Executive Officer (CEO) Technology Park Malaysia (TPM), Datuk Azman Shahidin (center) posing with CEO of the New Entrepreneurs Foundation (myNEF), Muhammad Ferdaus Johar (second left) and Director of Entrepreneur Development Ministry of Trade and Industry (MITI), Zakaria Jaafar after the exchange of contract documents ceremony between TPM with MITI and TPM with MyNEF.

To strengthen the programme structure, myNEF has collaborated with Technology Park Malaysia Corporation Sdn Bhd (TPM) to conduct the modules as well as the SME (small and medium enterprises) Competitiveness Rating for Enhancement (Score).

MyNEF Chief Executive Officer (CEO) Muhammad Ferdaus Johar told Bernama that the investment is wholly funded by the government as part of its initiative to involve Bumiputera entrepreneurs in ICT business.

Score was developed by SME Corp Malaysia in August 2007 as a method for measuring the ability of the SMEs.

MyNEF has a database of more than 1,000 Bumiputera technopreneurs, which it will evaluate based on the companies' information and followed by Score auditing.

Muhammad Ferdaus said companies with three-star ratings would undergo the coaching programme conducted by TPM for three months following which they would acquire the necessary business skills.

Meanwhile, TPM President and CEO Datuk Azman Shahidin said the company would conduct the programme in two batches this year with a maximum of 30 participants for each batch.

"Currently, we are in the process of identifying the companies, we feel that around 80 per cent has not been 'scored' yet," he said.

The evaluation will take place from now till August 15, 2013 and the selected companies will be trained and coached by trainers with hands-on experience in business enterprise.

Azman said after the mentoring and coaching programme, the entrepreneurs would have higher self-esteem, improved confidence level and the right mindset to becoming successful ICT entrepreneurs.

TPM, an agency of Ministry of Science, Technology and Innovation (Mosti), has an integrated infrastructure, facilities and support services to assist technoprenuers and entrepreneurs commercialise their ideas in four industries namely ICT, engineering, biotechnology and green technology.

MyNEF, which was formed in 1997, is a non-profit organisation established by ICT and creative industry players in partnership with the government.

-- BERNAMA

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