YAB Dato' Sri Mohd Najib Bin Tun Haji Abdul Razak
Prime Minister Of Malaysia

"The first is a legacy issue of negative credit history including bankruptcy and blacklisting. The second involves the various challenges faced in obtaining adequate and timely credit. And the third major issue is the perception that Indians face an uphill battle in winning contracts from Government and Government Linked Companies’, or GLCs. I will address each of these three major issues in turn"

 
 
Y.B Datuk Seri G. Palanivel
Lead Minister of SEED
&  MIC President

“I want the economic agenda of the Malaysian Indians to have proprietorship. The community must be one who decides where they want to steer their economic vision in the short, medium and long-term”

 
 
YBhg. Dato Hafsah Hashim
Chief Executive Officer,
SME Corporation

"Currently there are various programmes being implemented by the Government for SMEs ranging from capacity building programmes such as inculcating entrepreneurship and human capital development programmes"

 
 
YBhg. Datuk Haji Abdul Rahim Hassan
Managing Director &
Chief Executive Officer TEKUN Nasional

"Sehingga 31 Oktober 2013, sejumlah 12,319 usahawan India telah diberikan kemudahan pinjaman dengan nilai keseluruhan pinjaman sebanyak RM 153.9 juta"

Definition of SMEs

Malaysia adopted a common definition of SMEs to facilitate identification of SMEs in the various sectors and subsectors. This has facilitated the Government to formulate effective development policies, support programmes as well as provision of technical and financial assistance. An enterprise is considered an SME in each of the respective sectors based on the Annual Sales Turnover or Number of Full-Time Employees as shown in the table below.

Micro Enterprise   Small & Medium Enterprise
Events Diary
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News Highlights
TheSTAR: RM347mil in SEED funds for 9,318 Indians since August 2012
17 Jul 14
SEED has disbursed RM347.3mil to Malaysian Indians since its inception in August 2012, the money was given out to 9,318 applicants. This was made possible due to the close partnerships with institutions such as MIDF, SME Bank and the...
TheSTAR : Steps to help Indian entrepreneurs gain traction
16 Jun 14
SEED executive director Dr A.T. Kumararajah said the training focused on business basics for 400 Indian entrepreneurs. “This session covered topics such how to set up a business and the methods of attaining funds from banks,” he said....
A record 5,450 Indian entrepreneurs get loans worth RM116mil through SEED in a year
23 Aug 13
A total of RM116.61mil of the RM180mil aid promised by the Prime Minister for Indian businesses has been disbursed through the programme since August last year. The bulk of the RM116.61mil given out during the period was micro-financing...
 
Progress Report
Status Report as of 31st May 2014
  5,728
  9,623
  9,188
  RM 190.1mil
  48,017
 
Success Stories
 
" Even though my business has been stable I wanted to grow my business to the next level by buying more cows and buffaloes. To facilitate this I needed about RM 40k as a down payment. I also tried in several banks and it was rejected. While this thoughts of enhancing my business was running in the back of my mind that is when I got to know about this scheme through Minnal FM Radio Talk Show. I then decided to apply for this TEKUN loan and gladly my... "
 
Jeya Kumar Arumugam
APP Jay Enterprise
  Budget 2014 - Key Points
         
SEED @ Social Media
 
 
 
 
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