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Empowering Youth Entrepreneurship ___________________________________________________________________________ 2016/SMEWG42/026 Agenda: 19.1 Empowering Youth Entrepreneurship Purpose: Information Submitted by: Malaysia 42nd Small and Medium Enterprises Working Group Meeting Ho Chi Minh City, Viet Nam 27–28 April, 2016 EMPOWERING YOUTH ENTREPRENEURSHIP 1 42nd APEC SMEWG Meeting Background of the Programme 29 March 2014 RM10 million (USD 2.56 mil) Objectives allocated for TUBE 1 Acculturate entrepreneurship Paradigm shift 2 from job seekers to employment providers Concept Create resilient & 3 Targeted for sustainable youth entrepreneurs 42ND APEC SMEWG MEETING 42nd APEC SMEWG Meeting Blue Ocean Strategy Government has allocated RM10 million (USD 2.56 mil) for implementation of TUBE to young entrepreneurs 42nd APEC SMEWG Meeting Modules and Incentives Phase 1 Phase 2 Phase 3 • Test the • Increase • Guidance on perseverance of business effective business mind & physical knowledge & practice endurance effective business • Buddy System • 7 days of operations (Business physical training Counselor’s from (military • Group business SME Corp.) concept) activities • 12 months of • 14 days course monitoring Certificate & RM15,000 (USD 3,843) Grant for Business Start-up 42nd42 ND APECAPEC SMEWGSMEWG MEETING Meeting Outreach and Promotional Activity Briefing to MPs 18 June 2015 Parliament Soft Launch Programme 23 June 2015 SME Corp. Malaysia • Programme Start Date: Phase 1 & 2 : 23 Nov - 6 Dec 2014 TUBE 1.0 Phase 3 : 8 Dec 2014 - 8 Dec 2015 • Programme Start Date: Phase 1 & 2 : 1 Nov- 21 Nov 2015 Phase 3 : 23 Nov 2015 - 22 Nov 2016 TUBE 2.0 42nd APEC SMEWG Meeting The Selection… ELIGIBILITY CRITERIA TOTAL APPLICATIONS • Youth : 18 - 40 years • Hold a Skills Certificate 7,442 • Have a passion for business • Business must not be more than 12 months Qualified Applicants NO OF GOVERNMENT PRIVATE BUSINESS 5,486 STATE PARTICIPANTS OFFICIALS WORKERS OWNER / UNEMPLOYED Shortlisted for Selection JOHORE 50 3 12 35 942 KEDAH 50 6 4 40 KELANTAN 50 1 6 43 Interview Session MELACCA 52 3 5 44 612 NEGERI SEMBILAN 52 1 9 42 PARTICIPATED@10 CAMPS PAHANG 49 5 10 34 495 PERAK 50 3 8 39 TERENGGANU 50 5 4 41 will attend ICSB Academy at Stevens Technology of Institute, New Jersey, USA, SABAH 48 2 9 37 5 14 - 18 June 2016 SARAWAK 44 2 8 34 ICSB : International Council for Small Business TOTAL 495 31 75 389 State Participation Kedah / Perlis - 50 Sabah - 48 Kem PLKN Dusun Resort Kem PLKN Wawasan, Kuala Nerang Papar, Sabah Kelantan - 50 Kem PLKN Cancun Park, Pasir Mas Terengganu - 50 Kem PLKN Padang Kacong, Marang Perak - 50 Kem PLKN Desa Rimba Kuala Kangsar Pahang - 49 Kem PLKN Kg. Hijrah, Penor Sarawak - 44 Kem PLKN Putra N. Sembilan - 52 Sentosa, Sematan Kem PLKN Seri Perkasa, Mantin, Negeri Sembilan participants Melaka - 52 Johor - 50 495 Kem PLKN Jaya Gemilang Kem PLKN, Sri Ledang, A’ Famosa, Alor Gajah Tangkak 42nd APEC SMEWG Meeting 42ND APEC SMEWG MEETING Phase 1 and 2 of the Programme… Phase 1 Opening Ceremony Outdoor Physical Training Survival Activities Phase 2 Entrepreneurial Activities Classroom Session Knowledge Sharing Group Discussion Group Presentation 42nd APEC42ND APEC SMEWG SMEWG MEETINGMeeting Phase 3 : The Buddy System… Registration of Business Monitoring through Buddy System (Ratio 1 : 10) • Business & Financial Counselor months • SEAP Expert RM15,000 Business Start-Up Grant Youth Biz Enrichment Program Entrepreneur & Enhancement Agropreneur Programme Pack (E2) Muda Program Pembudayaan Tabung Usahawan Keusahawanan dan Siswazah (TUS) dan Program Pembiayaan Young Entrepreneur PUTRA Fund (YEF) PROSPER Usahawan Muda dan Program Siswazah Perantis 42nd APEC42ND APEC SMEWG SMEWG MEETINGMeeting Achievements Thus Far…. RM17.8 million 446 Participants (99%) (USD 4.56 million) of 848 Registered Their the Sales Value Businesses Job Opportunities 448 Young Bumiputera Report to EPU / TERAJU Periodically / When Needed 42nd APEC42ND APEC SMEWG SMEWG MEETINGMeeting 10 The difference in 2016 : Reality TV Programme Weeks 8 In Collaboration with… Competition Among 10 Best Participants Dato’ (Dr.) Dato’ (Dr.) Dato’ Wira Dr. Hafsah Hashim, Haji Ameer Ali Mydin, Maznah Hamid, CEO of SME Corp. Mydin Wholesale Prominent Women Malaysia Founder Entrepreneur Host Panels / Mentors Datuk Rosyam Nor 42nd APEC SMEWG Meeting 42ND APEC SMEWG MEETING Moving Forward… Programme to be Continued RM45mil (USD 1.1bil) RM9 mil. (USD2.3 mil.) Approved : Budget 2016 42ND APEC SMEWG MEETING Headline in the News Bernama Online, 23 March ‘15 The Borneo Post, 26 Nov ‘14 Sinar Harian, 24 March‘15 Visiting and Opening Ceremony Business of the Participants Burger Shop Perak Chicken Rice Restaurant Tailor Shop, Kelantan Clothing Store, Sarawak Terengganu 42nd APEC42ND APEC SMEWG SMEWG MEETINGMeeting Success Stories Bidai Solution Sdn Bhd (Bangi) Mrs. Rafidah Baharin, Accountancy Graduate Supply materials for Interior Designing Employed 4 Workers Monthly Income : RM4,000 – RM5,000 (USD 1,026 – USD 1,283) Work Contract Value is between RM100 to RM16,000 (USD 25 – USD 4,106) 42nd APEC42ND APEC SMEWG SMEWG MEETINGMeeting 14 Success Stories (Cont...) Awang Goneng Enterprise (Batu Caves) Mohd. Syafiq Yusof, IT Graduate Monthly Income: RM4,000 – RM5,000 (USD 1,026 – USD 1,283) Producing 10kg keropok lekor every day Marketing keropok lekor through on- line platforms 42nd APEC42ND APEC SMEWG SMEWG MEETINGMeeting 15 Success Stories (Cont…) BT Pest Terminate (Kota Kinabalu) Charlonitta Richard, a former private sector employee Pest Control Business at Sabah Now has 72 work contracts from Government agencies, Schools, Restaurants and shopping complex Monthly income : RM10,000 – RM12,000 (USD 2,566 – USD 3079) 42nd APEC42ND APEC SMEWG SMEWG MEETINGMeeting 16 SMIDEX 2016… Malaysia welcomes delegates to … SME Annual Showcase 2016 SMEs: Rising to the Challenge 2016 Kuala Lumpur Convention Centre SME Corp. Malaysia www.smeinfo.com.my www.smecorp.gov.my 1-300-30-6000 42ND APEC SMEWG MEETING www.smeinfo.com.my www.smecorp.gov.my 1-300-30-6000 SME Corp. Malaysia.
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